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(Mercantile) Mercantile complete technical analysis [charts+indicators] | Buy/Sell Mercantile | (Mercantile) share price targets

Complete technical analysis of Mercantile (Mercantile) by charts plus indicators, forecast predictions and share price targets for Mercantile (Mercantile)

10 day averaged volume of Mercantile is 5899

Date Daily Closing Price Open High Low Volume
19 Wed Jun 2024 20.82 21.55 22.47 20.50 1.261 times
18 Tue Jun 2024 21.51 21.85 22.60 21.15 1.392 times
14 Fri Jun 2024 22.10 22.60 22.60 21.30 0.772 times
13 Thu Jun 2024 22.10 22.60 22.60 21.30 0.772 times
12 Wed Jun 2024 21.94 22.60 22.60 21.50 0.37 times
11 Tue Jun 2024 21.25 22.00 22.00 21.07 1.957 times
10 Mon Jun 2024 21.90 20.04 22.00 20.04 1.22 times
07 Fri Jun 2024 20.04 20.35 21.15 19.25 1.08 times
06 Thu Jun 2024 20.35 19.60 20.43 19.51 0.518 times
05 Wed Jun 2024 20.46 21.00 21.00 19.57 0.841 times

My analysis of stock is bullish for shortterm, and stock might move up till 21.5 or till 22.6. Use a stoploss of 20.64 and if this stock hits its stoploss, then it can fall down till 19.76

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.61
Upside Target 20.98
Upside Target 22.55
Upside Target 22.60
Upside Target 23.20
Upside Target 24.30
Upside Target 24.70
Upside Target 26.00
Upside Target 29.27

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 20.01
Downside Intraday Target 19.21
Upside Intraday Target 22.11
Upside Intraday Target 23.41
Upside Intraday Target 21.31

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
19 Wed Jun 2024 20.82 21.85 22.60 20.50 0.521 times
14 Fri Jun 2024 22.10 20.04 22.60 20.04 1.306 times
07 Fri Jun 2024 20.04 19.47 21.15 19.09 0.964 times
31 Fri May 2024 19.87 20.06 20.98 19.00 0.605 times
24 Fri May 2024 20.06 22.55 22.55 19.88 2.335 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 Mercantile (Mercantile)

Date Monthly Closing Price Open High Low Volume
19 Wed Jun 2024 20.82 19.47 22.60 19.09 0.692 times
31 Fri May 2024 19.87 24.00 24.70 19.00 1.552 times
30 Tue Apr 2024 24.00 20.15 24.30 19.61 0.873 times
28 Thu Mar 2024 20.55 23.85 26.00 20.10 0.568 times

Scroll below to view daily charts

Price has moved up 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 Mercantile (Mercantile)

Price action analysis of Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) based on a mid to longer 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

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

MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.

Mercantile 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. Bulls are getting tired and bears are picking up momentum.

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 Mercantile in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Mercantile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.22 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.

Mercantile 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.

Price action analysis of Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) based on a mid to longer 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

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

MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.

Mercantile 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. Bulls are getting tired and bears are picking up momentum.

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 Mercantile in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Mercantile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.22 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.

Mercantile 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.

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