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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 2022-04-20 View latest technical analysis

10 day averaged volume of Mercator is 399188

Date Daily Closing Price Open High Low Volume
20 Wed Apr 2022 2.21 2.25 2.27 2.15 0.387 times
19 Tue Apr 2022 2.22 2.28 2.30 2.16 1.122 times
18 Mon Apr 2022 2.22 2.12 2.22 2.02 0.889 times
13 Wed Apr 2022 2.12 2.20 2.20 2.09 0.577 times
12 Tue Apr 2022 2.20 2.22 2.27 2.19 0.852 times
11 Mon Apr 2022 2.30 2.39 2.41 2.22 1.061 times
08 Fri Apr 2022 2.31 2.34 2.34 2.24 0.815 times
07 Thu Apr 2022 2.26 2.30 2.35 2.14 1.796 times
06 Wed Apr 2022 2.25 2.24 2.25 2.15 1.134 times
05 Tue Apr 2022 2.15 2.15 2.15 2.06 1.112 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)

Target Type Value
Downside Target 1.40
Downside Target 1.75
Downside Target 1.84
Downside Target 1.97
Downside Target 2.09
Upside Target 2.30
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 2.05
Downside Intraday Target 1.9
Upside Intraday Target 2.33
Upside Intraday Target 2.46
Downside Intraday Target 2.18

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
20 Wed Apr 2022 2.21 2.12 2.30 2.02 0.963 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
20 Wed Apr 2022 2.21 1.90 2.41 1.84 0.58 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
MACD -0, -0Buy
Stochastics 56None
CCI -6Sell
RSI 52Buy
OBV -599251Sell
VWAP 2Sell
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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.

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 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 2.23 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 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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Daily chart

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