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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 2022-08-04 View latest technical analysis

10 day averaged volume of Mercator is 115787

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 1.41 1.47 1.47 1.40 0.455 times
03 Wed Aug 2022 1.42 1.42 1.43 1.40 1.174 times
02 Tue Aug 2022 1.37 1.42 1.42 1.36 0.733 times
01 Mon Aug 2022 1.38 1.44 1.44 1.35 0.695 times
29 Fri Jul 2022 1.39 1.44 1.44 1.37 1.535 times
28 Thu Jul 2022 1.41 1.44 1.44 1.38 1.966 times
27 Wed Jul 2022 1.44 1.45 1.47 1.41 1.047 times
26 Tue Jul 2022 1.43 1.48 1.48 1.42 0.557 times
25 Mon Jul 2022 1.46 1.42 1.51 1.42 0.32 times
22 Fri Jul 2022 1.48 1.54 1.54 1.46 0.995 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.4 as stoploss in an intra day buy trade for a target of 1.45. However, stock will show a bearish move below 1.4.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.30
Downside Target 1.35
Downside Target 1.41
Upside Target 1.47
Upside Target 1.50
Upside Target 1.55
Upside Target 1.56
Upside Target 1.68
Upside Target 1.73
Upside Target 1.76
Upside Target 1.80
Upside Target 1.92
Upside Target 2.41

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.35
Downside Intraday Target 1.29
Upside Intraday Target 1.47
Upside Intraday Target 1.53
Upside Intraday Target 1.41

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 1.41 1.44 1.47 1.35 0.563 times
29 Fri Jul 2022 1.39 1.42 1.51 1.37 0.651 times
22 Fri Jul 2022 1.48 1.50 1.56 1.42 2.895 times
15 Fri Jul 2022 1.47 1.55 1.55 1.41 1.122 times
08 Fri Jul 2022 1.50 1.65 1.68 1.43 0.241 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
04 Thu Aug 2022 1.41 1.44 1.47 1.35 0.137 times
29 Fri Jul 2022 1.39 1.73 1.73 1.37 0.711 times
30 Thu Jun 2022 1.66 1.78 1.80 1.30 0.818 times
31 Tue May 2022 1.73 1.90 1.92 1.50 0.553 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 50, 50, 0 Sell
MACD -0, -0Buy
Stochastics 26Sell
CCI 0Buy
RSI 58Buy
OBV -613251Sell
VWAP 1Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 buy signal for Mercator in short term but BUY signal is weak.

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 1.42 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 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

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Daily charts

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