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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)

10 day averaged volume of Mercator is 262488

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	0.84	0.84	0.86	0.83	1.756 times
09 Thu Mar 2023	0.85	0.87	0.87	0.83	6.56 times
08 Wed Mar 2023	0.87	0.88	0.88	0.84	0.218 times
06 Mon Mar 2023	0.85	0.90	0.91	0.85	1.121 times
03 Fri Mar 2023	0.89	0.86	0.92	0.86	0.279 times
02 Thu Mar 2023	0.90	0.89	0.91	0.87	0.222 times
01 Wed Mar 2023	0.88	0.89	0.90	0.86	0.239 times
28 Tue Feb 2023	0.87	0.85	0.92	0.84	0.6 times
27 Mon Feb 2023	0.88	0.92	0.92	0.88	0.388 times
24 Fri Feb 2023	0.92	0.94	0.94	0.90	0.112 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.9, but if it comes above 0.9, then a intra day buy could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.8 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 0.92 as target.

Share price targets for Mercator (Mercator)

Target Type	Value
Downside Target	0.83
Upside Target	0.90
Upside Target	0.95
Upside Target	1.00
Upside Target	1.03
Upside Target	1.04
Upside Target	1.05
Upside Target	1.11
Upside Target	1.15
Upside Target	1.22
Upside Target	1.35

Intraday share price targets for Mercator (Mercator)

Target Type	Value
Downside Intraday Target	0.81
Downside Intraday Target	0.78
Upside Intraday Target	0.89
Upside Intraday Target	0.94
Upside Intraday Target	0.86

Weekly technical analysis of Mercator (Mercator)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	0.84	0.90	0.91	0.83	5.583 times
03 Fri Mar 2023	0.89	0.92	0.92	0.84	2.258 times
24 Fri Feb 2023	0.92	1.00	1.00	0.90	0.567 times
17 Fri Feb 2023	0.98	1.00	1.03	0.95	0.526 times
10 Fri Feb 2023	0.98	1.00	1.04	0.95	1.23 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mercator (Mercator)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	0.84	0.89	0.92	0.83	1.451 times
28 Tue Feb 2023	0.87	1.10	1.11	0.84	0.625 times
31 Tue Jan 2023	1.08	1.13	1.15	1.00	0.757 times
30 Fri Dec 2022	1.13	1.14	1.35	1.03	1.144 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)

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 below 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 0.85 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.