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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 2023-01-27 View latest technical analysis

10 day averaged volume of Mercator is 133523

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 1.11 1.08 1.13 1.08 1.647 times
25 Wed Jan 2023 1.12 1.09 1.13 1.06 2.683 times
24 Tue Jan 2023 1.09 1.01 1.09 1.00 2.156 times
23 Mon Jan 2023 1.05 1.04 1.05 1.01 0.437 times
20 Fri Jan 2023 1.04 1.06 1.06 1.01 0.618 times
19 Thu Jan 2023 1.03 1.05 1.07 1.03 1.262 times
18 Wed Jan 2023 1.05 1.08 1.08 1.05 1.047 times
17 Tue Jan 2023 1.07 1.08 1.08 1.05 0.243 times
16 Mon Jan 2023 1.07 1.06 1.08 1.06 0.71 times
13 Fri Jan 2023 1.08 1.08 1.09 1.05 0.532 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.1, but if it comes below 1.1, then a intra day sell could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1.08 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.1 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.00
Downside Target 1.09
Upside Target 1.13
Upside Target 1.15
Upside Target 1.22
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 1.03
Downside Intraday Target 0.95
Upside Intraday Target 1.16
Upside Intraday Target 1.21
Downside Intraday Target 1.08

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
27 Fri Jan 2023 1.11 1.04 1.13 1.00 1.785 times
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

Price has moved up 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
27 Fri Jan 2023 1.11 1.13 1.15 1.00 0.718 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, -0Buy
Stochastics 92Buy
CCI 149Buy
RSI 48Sell
OBV 92016Sell
VWAP 1Buy
ADL 0Sell
ROC 3Buy
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 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 to mid 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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mercator in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 1.08 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 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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