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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 2023-01-20 View latest technical analysis

10 day averaged volume of Mercator is 112404

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 1.04 1.06 1.06 1.01 0.734 times
19 Thu Jan 2023 1.03 1.05 1.07 1.03 1.499 times
18 Wed Jan 2023 1.05 1.08 1.08 1.05 1.244 times
17 Tue Jan 2023 1.07 1.08 1.08 1.05 0.288 times
16 Mon Jan 2023 1.07 1.06 1.08 1.06 0.843 times
13 Fri Jan 2023 1.08 1.08 1.09 1.05 0.632 times
12 Thu Jan 2023 1.08 1.09 1.09 1.06 0.372 times
11 Wed Jan 2023 1.08 1.06 1.08 1.06 0.854 times
10 Tue Jan 2023 1.07 1.09 1.09 1.05 1.07 times
09 Mon Jan 2023 1.07 1.09 1.09 1.06 2.083 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.09 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.01
Upside Target 1.09
Upside Target 1.15
Upside Target 1.22
Upside Target 1.24
Upside Target 1.28
Upside Target 1.35
Upside Target 1.53

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.01
Downside Intraday Target 0.97
Upside Intraday Target 1.08
Upside Intraday Target 1.11
Upside Intraday Target 1.04

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
20 Fri Jan 2023 1.04 1.06 1.08 1.01 0.919 times
13 Fri Jan 2023 1.08 1.09 1.09 1.05 0.666 times
06 Fri Jan 2023 1.08 1.13 1.15 1.06 0.933 times
30 Fri Dec 2022 1.13 1.03 1.15 1.03 1.394 times
23 Fri Dec 2022 1.08 1.18 1.24 1.08 0.513 times

Price has moved down 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
20 Fri Jan 2023 1.04 1.13 1.15 1.01 0.485 times
30 Fri Dec 2022 1.13 1.14 1.35 1.03 1.144 times
30 Wed Nov 2022 1.14 1.10 1.22 1.05 1.376 times
31 Mon Oct 2022 1.09 1.21 1.28 1.08 0.568 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 71, 71, 0 Sell
MACD -0, -0Sell
Stochastics 13Sell
CCI -174Sell
RSI 44Sell
OBV -302562Sell
VWAP 1Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 moving up

CCI has generated a SELL signal for Mercator in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1.06 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

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Daily chart

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