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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 151046

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 1.18 1.15 1.20 1.13 0.982 times
02 Fri Dec 2022 1.17 1.19 1.19 1.11 0.924 times
01 Thu Dec 2022 1.15 1.14 1.15 1.13 0.369 times
30 Wed Nov 2022 1.14 1.10 1.14 1.07 1.475 times
29 Tue Nov 2022 1.09 1.09 1.10 1.05 1.123 times
28 Mon Nov 2022 1.07 1.07 1.09 1.06 0.5 times
25 Fri Nov 2022 1.06 1.06 1.09 1.06 1.669 times
24 Thu Nov 2022 1.10 1.09 1.10 1.06 0.624 times
23 Wed Nov 2022 1.10 1.10 1.12 1.08 1.556 times
22 Tue Nov 2022 1.12 1.18 1.18 1.11 0.936 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.2 as stoploss in an intra day sell trade for a target of 1.15. However, stock will show a bullish move above 1.2.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.05
Downside Target 1.11
Upside Target 1.19
Upside Target 1.20
Upside Target 1.22
Upside Target 1.25
Upside Target 1.28
Upside Target 1.47
Upside Target 1.53

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.14
Downside Intraday Target 1.1
Upside Intraday Target 1.21
Upside Intraday Target 1.24
Downside Intraday Target 1.17

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 1.18 1.15 1.20 1.13 0.224 times
02 Fri Dec 2022 1.17 1.07 1.19 1.05 0.783 times
25 Fri Nov 2022 1.06 1.19 1.20 1.06 1.137 times
18 Fri Nov 2022 1.16 1.20 1.20 1.11 0.836 times
11 Fri Nov 2022 1.21 1.15 1.22 1.14 1.289 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
05 Mon Dec 2022 1.18 1.14 1.20 1.11 0.099 times
30 Wed Nov 2022 1.14 1.10 1.22 1.05 1.376 times
31 Mon Oct 2022 1.09 1.21 1.28 1.08 0.568 times
30 Fri Sep 2022 1.17 1.30 1.53 1.05 1.191 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 71, 71, 0 Sell
MACD -0, -0Buy
Stochastics 78Buy
CCI 121Buy
RSI 45Sell
OBV 568046Sell
VWAP 1Buy
ADL 0Sell
ROC 2Buy
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 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.

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 positive zone. This is a BUY 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 1.11 and Mercator (Mercator) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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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