Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-16 View latest technical analysis

10 day averaged volume of Mercator is 315184

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 1.58 1.55 1.58 1.54 0.283 times
13 Fri May 2022 1.51 1.55 1.55 1.50 0.519 times
12 Thu May 2022 1.52 1.52 1.56 1.52 1.859 times
11 Wed May 2022 1.59 1.59 1.59 1.59 0.904 times
10 Tue May 2022 1.67 1.72 1.79 1.63 1.765 times
09 Mon May 2022 1.71 1.75 1.75 1.67 0.548 times
06 Fri May 2022 1.72 1.78 1.78 1.71 0.889 times
05 Thu May 2022 1.78 1.80 1.81 1.76 0.728 times
04 Wed May 2022 1.80 1.80 1.84 1.79 0.332 times
02 Mon May 2022 1.85 1.90 1.90 1.84 0.722 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.6, but if it comes above 1.6, then a intra day buy could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.6 as stoploss and 1.84 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.50
Downside Target 1.54
Downside Target 1.58
Upside Target 1.71
Upside Target 1.75
Upside Target 1.90
Upside Target 1.97
Upside Target 2.30
Upside Target 2.41
Upside Target 2.45
Upside Target 2.69
Upside Target 3.25
Upside Target 3.79

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.55
Downside Intraday Target 1.53
Upside Intraday Target 1.59
Upside Intraday Target 1.61
Downside Intraday Target 1.57

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 1.58 1.55 1.58 1.54 0.051 times
13 Fri May 2022 1.51 1.75 1.79 1.50 2.095 times
06 Fri May 2022 1.72 1.90 1.90 1.71 0.398 times
29 Fri Apr 2022 1.93 2.00 2.00 1.76 1.03 times
22 Fri Apr 2022 2.00 2.12 2.30 2.00 2.069 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
16 Mon May 2022 1.58 1.90 1.90 1.50 0.335 times
29 Fri Apr 2022 1.93 1.90 2.41 1.76 0.966 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

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 45, 45, 0 Sell
MACD -0, -0Sell
Stochastics 7Sell
CCI -74Buy
RSI 56Buy
OBV -4055701Sell
VWAP 2Sell
ADL 0Sell
ROC -18Sell
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 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 SELL signal for Mercator in short term and the sell signal is strong.

Mercator Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 1.65 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme