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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)

10 day averaged volume of Mercator is 159265

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 1.07 1.07 1.09 1.06 0.474 times
25 Fri Nov 2022 1.06 1.06 1.09 1.06 1.583 times
24 Thu Nov 2022 1.10 1.09 1.10 1.06 0.592 times
23 Wed Nov 2022 1.10 1.10 1.12 1.08 1.475 times
22 Tue Nov 2022 1.12 1.18 1.18 1.11 0.888 times
21 Mon Nov 2022 1.16 1.19 1.20 1.15 0.783 times
18 Fri Nov 2022 1.16 1.12 1.18 1.12 0.749 times
17 Thu Nov 2022 1.14 1.13 1.18 1.11 0.955 times
16 Wed Nov 2022 1.16 1.16 1.20 1.16 1.093 times
15 Tue Nov 2022 1.20 1.16 1.20 1.16 0.541 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 1.14 as target.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 1.05
Upside Target 1.14
Upside Target 1.18
Upside Target 1.22
Upside Target 1.25
Upside Target 1.28
Upside Target 1.37
Upside Target 1.47
Upside Target 1.53
Upside Target 1.73

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 1.06
Downside Intraday Target 1.04
Upside Intraday Target 1.09
Upside Intraday Target 1.1
Upside Intraday Target 1.07

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 1.07 1.07 1.09 1.06 0.089 times
25 Fri Nov 2022 1.06 1.19 1.20 1.06 1.137 times
18 Fri Nov 2022 1.16 1.20 1.20 1.11 0.836 times
11 Fri Nov 2022 1.21 1.15 1.22 1.14 1.289 times
04 Fri Nov 2022 1.15 1.11 1.18 1.08 1.386 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
28 Mon Nov 2022 1.07 1.10 1.22 1.06 1.221 times
31 Mon Oct 2022 1.09 1.21 1.28 1.08 0.568 times
30 Fri Sep 2022 1.17 1.30 1.53 1.05 1.191 times
30 Tue Aug 2022 1.35 1.44 1.47 1.25 1.442 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 63, 63, 0 Sell
MACD -0, -0Buy
Stochastics 11Sell
CCI -100Buy
RSI 48Sell
OBV -454605Sell
VWAP 1Sell
ADL 0Sell
ROC -10Sell
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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mercator in short term but BUY signal is weak.

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 1.12 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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