(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 2022-04-19 View latest technical analysis
10 day averaged volume of Mercator is 423252
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Tue Apr 2022||2.22||2.28||2.30||2.16||1.058 times|
|18 Mon Apr 2022||2.22||2.12||2.22||2.02||0.838 times|
|13 Wed Apr 2022||2.12||2.20||2.20||2.09||0.544 times|
|12 Tue Apr 2022||2.20||2.22||2.27||2.19||0.804 times|
|11 Mon Apr 2022||2.30||2.39||2.41||2.22||1 times|
|08 Fri Apr 2022||2.31||2.34||2.34||2.24||0.769 times|
|07 Thu Apr 2022||2.26||2.30||2.35||2.14||1.694 times|
|06 Wed Apr 2022||2.25||2.24||2.25||2.15||1.07 times|
|05 Tue Apr 2022||2.15||2.15||2.15||2.06||1.048 times|
|04 Mon Apr 2022||2.05||2.05||2.05||2.00||0.607 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.2, but if it comes below 2.2, then a intra day sell could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.4 as target.
Share price targets for Mercator (Mercator)
Intraday share price targets for Mercator (Mercator)
|Downside Intraday Target||2.06|
|Downside Intraday Target||1.9|
|Upside Intraday Target||2.34|
|Upside Intraday Target||2.46|
|Downside Intraday Target||2.18|
Weekly technical analysis of Mercator (Mercator)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Tue Apr 2022||2.22||2.12||2.30||2.02||0.808 times|
|13 Wed Apr 2022||2.12||2.39||2.41||2.09||0.453 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|
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|
|19 Tue Apr 2022||2.22||1.90||2.41||1.84||0.562 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||31, 31, 0||Sell|
Price action analysis of Mercator ( (Mercator) ) based on a short term time period is
Price action analysis of Mercator ( (Mercator) ) based on a short 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercator Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Mercator in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 2.22 and Mercator (Mercator) stock is trading below this level. This means that stock is falling with high volumes. 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.