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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 1049003

Date Daily Closing Price Open High Low Volume
04 Wed Aug 2021 2.58 2.58 2.58 2.58 0.188 times
03 Tue Aug 2021 2.71 2.75 2.75 2.71 0.226 times
02 Mon Aug 2021 2.85 2.90 3.00 2.85 0.543 times
30 Fri Jul 2021 2.99 2.72 3.00 2.72 2.755 times
29 Thu Jul 2021 2.86 2.86 2.86 2.86 0.034 times
28 Wed Jul 2021 3.01 3.01 3.01 3.01 0.098 times
27 Tue Jul 2021 3.16 3.16 3.16 3.16 0.064 times
26 Mon Jul 2021 3.32 3.66 3.66 3.32 0.752 times
23 Fri Jul 2021 3.49 3.49 3.49 3.19 1.414 times
22 Thu Jul 2021 3.33 3.30 3.33 3.19 1.944 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.5 as stoploss in an intra day buy trade for a target of 2.84. However, stock will show a bearish move below 2.5.

Share price targets for Mercator (Mercator)

Target Type Value
Downside Target 0.76
Downside Target 0.94
Downside Target 1.22
Downside Target 1.62
Downside Target 1.85
Downside Target 2.35
Downside Target 2.40
Downside Target 2.58
Upside Target 2.72
Upside Target 2.83
Upside Target 2.97
Upside Target 3.00
Upside Target 3.49
Upside Target 3.66

Intraday share price targets for Mercator (Mercator)

Target Type Value
Downside Intraday Target 2.44
Downside Intraday Target 2.3
Upside Intraday Target 2.86
Upside Intraday Target 3.14
Upside Intraday Target 2.72

Weekly technical analysis of Mercator (Mercator)

Date Weekly Closing Price Open High Low Volume
04 Wed Aug 2021 2.58 2.90 3.00 2.58 0.258 times
30 Fri Jul 2021 2.99 3.66 3.66 2.72 0.497 times
23 Fri Jul 2021 3.49 2.90 3.49 2.83 1.084 times
16 Fri Jul 2021 2.97 2.46 2.97 2.40 1.579 times
09 Fri Jul 2021 2.35 1.95 2.35 1.86 0.923 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
04 Wed Aug 2021 2.58 2.90 3.00 2.58 0.04 times
30 Fri Jul 2021 2.99 1.91 3.66 1.85 0.476 times
30 Wed Jun 2021 2.01 1.28 2.43 1.22 4.068 times
31 Mon May 2021 1.34 0.98 1.62 0.95 5.43 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 39, 44, 7 Sell
MACD 0, 1Sell
Stochastics 5Sell
CCI -127Sell
RSI 52Buy
OBV 19239982Sell
VWAP 3Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Mercator ( (Mercator) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 mid to longer 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.

ADX buy sell signal for Mercator stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mercator in short term but the sell signal is initial and weak.

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 in or above 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 3.17 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 positive

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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