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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 2023-02-02 View latest technical analysis

10 day averaged volume of Mercator is 157731

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 1.04 1.05 1.09 1.02 1.467 times
01 Wed Feb 2023 1.07 1.10 1.11 1.05 0.674 times
31 Tue Jan 2023 1.08 1.10 1.10 1.06 0.727 times
30 Mon Jan 2023 1.08 1.06 1.11 1.06 0.261 times
27 Fri Jan 2023 1.11 1.08 1.13 1.08 1.394 times
25 Wed Jan 2023 1.12 1.09 1.13 1.06 2.272 times
24 Tue Jan 2023 1.09 1.01 1.09 1.00 1.825 times
23 Mon Jan 2023 1.05 1.04 1.05 1.01 0.37 times
20 Fri Jan 2023 1.04 1.06 1.06 1.01 0.523 times
19 Thu Jan 2023 1.03 1.05 1.07 1.03 1.068 times

My analysis of stock is bearish for shortterm, and stock might move down till 1 or till 1. Use a stoploss of 1.07 and if the stock hits stoploss, then it can shoot up till 1.09

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.00
Upside Target 1.09
Upside Target 1.11
Upside Target 1.13
Upside Target 1.15
Upside Target 1.22
Upside Target 1.28
Upside Target 1.35

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1
Downside Intraday Target 0.97
Upside Intraday Target 1.09
Upside Intraday Target 1.15
Upside Intraday Target 1.06

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 1.04 1.06 1.11 1.02 0.534 times
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

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
02 Thu Feb 2023 1.04 1.10 1.11 1.02 0.112 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
30 Wed Nov 2022 1.14 1.10 1.22 1.05 1.376 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 49None
CCI -53Sell
RSI 48Sell
OBV -571715Sell
VWAP 1Sell
ADL 0Sell
ROC -1Sell
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mercator ( (Mercator) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Mercator is picking up buying 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 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

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Daily charts

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Daily chart

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