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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)

10 day averaged volume of Mercator is 127384

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 1.35 1.40 1.40 1.35 0.699 times
08 Mon Aug 2022 1.36 1.44 1.44 1.35 1.59 times
05 Fri Aug 2022 1.42 1.45 1.45 1.35 0.991 times
04 Thu Aug 2022 1.41 1.47 1.47 1.40 0.413 times
03 Wed Aug 2022 1.42 1.42 1.43 1.40 1.067 times
02 Tue Aug 2022 1.37 1.42 1.42 1.36 0.666 times
01 Mon Aug 2022 1.38 1.44 1.44 1.35 0.632 times
30 Sat Jul 2022 1.39 1.44 1.44 1.37 1.395 times
28 Thu Jul 2022 1.41 1.44 1.44 1.38 1.787 times
27 Wed Jul 2022 1.44 1.45 1.47 1.41 0.952 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.4, but if it comes above 1.4, then a intra day buy could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.3 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.43 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.30
Downside Target 1.35
Upside Target 1.41
Upside Target 1.47
Upside Target 1.50
Upside Target 1.55
Upside Target 1.56
Upside Target 1.73
Upside Target 1.76
Upside Target 1.80
Upside Target 1.92
Upside Target 2.41

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.32
Downside Intraday Target 1.29
Upside Intraday Target 1.41
Upside Intraday Target 1.47
Upside Intraday Target 1.38

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 1.35 1.44 1.44 1.35 0.607 times
05 Fri Aug 2022 1.42 1.44 1.47 1.35 0.764 times
30 Sat Jul 2022 1.39 1.42 1.51 1.37 0.651 times
22 Fri Jul 2022 1.48 1.50 1.56 1.42 2.895 times
15 Fri Jul 2022 1.47 1.55 1.55 1.41 1.122 times

Price has moved down 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
10 Wed Aug 2022 1.35 1.44 1.47 1.35 0.298 times
30 Sat Jul 2022 1.39 1.73 1.73 1.37 0.711 times
30 Thu Jun 2022 1.66 1.78 1.80 1.30 0.778 times
31 Tue May 2022 1.73 1.90 1.92 1.50 0.581 times

Scroll below to view daily charts

Price has moved down 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 50, 50, 0 Sell
MACD -0, -0Buy
Stochastics 17Sell
CCI -135Sell
RSI 56Buy
OBV -675081Sell
VWAP 1Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is

Price action analysis of Mercator ( (Mercator) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mercator ( (Mercator) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

Mercator Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mercator in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.4 and Mercator (Mercator) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Mercator Stock has given negative 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.

Click here for Mercator charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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