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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 2022-09-08 View latest technical analysis

10 day averaged volume of Mercator is 178000

Date Daily Closing Price Open High Low Volume
08 Thu Sep 2022 1.42 1.37 1.42 1.37 0.945 times
07 Wed Sep 2022 1.36 1.36 1.38 1.32 1.367 times
06 Tue Sep 2022 1.38 1.40 1.40 1.33 0.727 times
05 Mon Sep 2022 1.39 1.35 1.39 1.34 0.564 times
02 Fri Sep 2022 1.34 1.38 1.38 1.31 0.458 times
01 Thu Sep 2022 1.34 1.30 1.38 1.30 0.754 times
30 Tue Aug 2022 1.35 1.25 1.35 1.25 2.383 times
29 Mon Aug 2022 1.29 1.29 1.32 1.27 1.352 times
26 Fri Aug 2022 1.33 1.34 1.34 1.31 0.778 times
25 Thu Aug 2022 1.35 1.34 1.36 1.31 1.096 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.4, for a target of 1.4 or 1.35

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.25
Downside Target 1.29
Downside Target 1.37
Downside Target 1.42
Upside Target 1.44
Upside Target 1.47
Upside Target 1.50
Upside Target 1.73
Upside Target 1.80
Upside Target 1.92

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.35
Downside Intraday Target 1.29
Upside Intraday Target 1.45
Upside Intraday Target 1.49
Downside Intraday Target 1.39

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
08 Thu Sep 2022 1.42 1.35 1.42 1.32 0.728 times
02 Fri Sep 2022 1.34 1.29 1.38 1.25 0.655 times
26 Fri Aug 2022 1.33 1.35 1.39 1.29 2.164 times
19 Fri Aug 2022 1.35 1.39 1.41 1.31 1.003 times
12 Fri Aug 2022 1.33 1.44 1.44 1.31 1.29 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
08 Thu Sep 2022 1.42 1.30 1.42 1.30 0.23 times
30 Tue Aug 2022 1.35 1.44 1.47 1.25 1.442 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

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 63, 63, 0 Sell
MACD -0, -0Buy
Stochastics 87Buy
CCI 165Buy
RSI 63Buy
OBV -1352825Sell
VWAP 1Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short 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 short 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 short to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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

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 1.35 and Mercator (Mercator) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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

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