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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 2022-05-18 View latest technical analysis

10 day averaged volume of Mercator is 247472

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 1.73 1.73 1.73 1.70 1.08 times
17 Tue May 2022 1.65 1.64 1.65 1.64 0.031 times
16 Mon May 2022 1.58 1.55 1.58 1.54 0.36 times
13 Fri May 2022 1.51 1.55 1.55 1.50 0.66 times
12 Thu May 2022 1.52 1.52 1.56 1.52 2.368 times
11 Wed May 2022 1.59 1.59 1.59 1.59 1.152 times
10 Tue May 2022 1.67 1.72 1.79 1.63 2.249 times
09 Mon May 2022 1.71 1.75 1.75 1.67 0.698 times
06 Fri May 2022 1.72 1.78 1.78 1.71 1.132 times
05 Thu May 2022 1.78 1.80 1.81 1.76 0.928 times

My analysis of stock is bearish for shortterm, and stock might move down till 1.6 or till 1.4. Use a stoploss of 1.79 and if the stock hits stoploss, then it can shoot up till 1.97

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.50
Downside Target 1.54
Downside Target 1.71
Upside Target 1.90
Upside Target 1.97
Upside Target 2.00
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 1.6
Downside Intraday Target 1.48
Upside Intraday Target 1.79
Upside Intraday Target 1.86
Downside Intraday Target 1.67

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 1.73 1.55 1.73 1.54 0.206 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
18 Wed May 2022 1.73 1.90 1.90 1.50 0.369 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, -0Buy
Stochastics 46None
CCI 59Buy
RSI 56Buy
OBV -3905299Sell
VWAP 2Buy
ADL 0Sell
ROC -4Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY 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

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 1.64 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 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

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