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(Mercator) Mercator complete technical analysis [charts+indicators] | Buy/Sell Mercator | (Mercator) share price targets

Complete technical analysis of Mercator (Mercator) by charts plus indicators, forecast predictions and share price targets for Mercator (Mercator)

Showing technical analysis as on 2021-09-13 View latest technical analysis

10 day averaged volume of Mercator is 348145

Date Daily Closing Price Open High Low Volume
13 Mon Sep 2021 1.93 1.98 2.00 1.82 1.976 times
09 Thu Sep 2021 1.91 1.85 1.91 1.81 2.057 times
08 Wed Sep 2021 1.82 1.82 1.82 1.82 0.679 times
07 Tue Sep 2021 1.74 1.74 1.74 1.74 0.501 times
06 Mon Sep 2021 1.66 1.66 1.66 1.65 0.495 times
03 Fri Sep 2021 1.59 1.50 1.59 1.48 0.682 times
02 Thu Sep 2021 1.52 1.63 1.63 1.51 1.132 times
01 Wed Sep 2021 1.58 1.47 1.61 1.47 1.899 times
31 Tue Aug 2021 1.54 1.60 1.60 1.54 0.934 times
30 Mon Aug 2021 1.62 1.75 1.75 1.62 0.764 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.8, but if it comes below 1.8, then a intra day sell could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.71 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 2 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 0.95
Downside Target 1.22
Downside Target 1.47
Downside Target 1.62
Downside Target 1.75
Downside Target 1.82
Downside Target 1.91
Upside Target 2.00
Upside Target 2.43
Upside Target 3.00
Upside Target 3.66

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.83
Downside Intraday Target 1.74
Upside Intraday Target 2.01
Upside Intraday Target 2.1
Downside Intraday Target 1.92

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
13 Mon Sep 2021 1.93 1.98 2.00 1.82 0.53 times
09 Thu Sep 2021 1.91 1.66 1.91 1.65 0.69 times
03 Fri Sep 2021 1.59 1.75 1.75 1.47 0.685 times
27 Fri Aug 2021 1.70 1.55 1.85 1.48 1.474 times
20 Fri Aug 2021 1.63 2.00 2.00 1.63 0.685 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mercator (Mercator)

Date Monthly Closing Price Open High Low Volume
13 Mon Sep 2021 1.93 1.47 2.00 1.47 0.345 times
31 Tue Aug 2021 1.54 2.90 3.00 1.48 0.377 times
30 Fri Jul 2021 2.99 1.91 3.66 1.85 0.476 times
30 Wed Jun 2021 2.01 1.28 2.43 1.22 4.068 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mercator (Mercator)

Indicator Name Indicator Value Indicator Signal
ADX 38, 38, 0 Sell
MACD -0, -0Buy
Stochastics 93Buy
CCI 127Buy
RSI 47Sell
OBV -2234352Sell
VWAP 2Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mercator ( (Mercator) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mercator ( (Mercator) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mercator stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mercator in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mercator Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mercator in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mercator is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.72 and Mercator (Mercator) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mercator (Mercator) stock. Volume based technical analysis of Mercator (Mercator) stock is negative.

Mercator Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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