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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 2022-04-12 View latest technical analysis

10 day averaged volume of Mercator is 557562

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 2.20 2.22 2.27 2.19 0.61 times
11 Mon Apr 2022 2.30 2.39 2.41 2.22 0.759 times
08 Fri Apr 2022 2.31 2.34 2.34 2.24 0.584 times
07 Thu Apr 2022 2.26 2.30 2.35 2.14 1.286 times
06 Wed Apr 2022 2.25 2.24 2.25 2.15 0.812 times
05 Tue Apr 2022 2.15 2.15 2.15 2.06 0.796 times
04 Mon Apr 2022 2.05 2.05 2.05 2.00 0.461 times
01 Fri Apr 2022 1.96 1.90 1.96 1.84 1.235 times
31 Thu Mar 2022 1.87 1.91 1.93 1.80 2.143 times
30 Wed Mar 2022 1.84 1.93 1.93 1.75 1.321 times

My analysis of stock is bullish for shortterm, and stock might move up till 2.3 or till 2.5. Use a stoploss of 2.13 and if this stock hits its stoploss, then it can fall down till 1.96

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.40
Downside Target 1.75
Downside Target 1.84
Downside Target 1.97
Downside Target 2.19
Upside Target 2.25
Upside Target 2.35
Upside Target 2.41
Upside Target 2.45
Upside Target 2.69
Upside Target 2.70
Upside Target 3.25
Upside Target 3.79

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 2.12
Downside Intraday Target 2.05
Upside Intraday Target 2.34
Upside Intraday Target 2.49
Upside Intraday Target 2.27

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 2.20 2.39 2.41 2.19 0.348 times
08 Fri Apr 2022 2.31 2.05 2.35 2.00 0.708 times
01 Fri Apr 2022 1.96 1.94 2.02 1.75 0.911 times
25 Fri Mar 2022 2.03 2.35 2.35 1.98 3.409 times
17 Thu Mar 2022 2.32 2.39 2.45 2.25 1.295 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
12 Tue Apr 2022 2.20 1.90 2.41 1.84 0.438 times
31 Thu Mar 2022 1.87 2.11 2.45 1.75 1.117 times
28 Mon Feb 2022 2.16 2.80 3.25 1.97 0.201 times
31 Mon Jan 2022 2.87 2.80 3.79 2.69 1.303 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 33, 33, 0 Sell
MACD -0, -0Buy
Stochastics 82Buy
CCI 49Sell
RSI 49Sell
OBV -253942Sell
VWAP 2Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Mercator in short term but SELL signal is weak.

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

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 2.07 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 positive

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

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