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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 3933

Date Daily Closing Price Open High Low Volume
02 Mon Aug 2021 17.25 17.00 17.80 16.30 0.823 times
30 Fri Jul 2021 16.85 17.40 17.40 16.25 0.502 times
29 Thu Jul 2021 16.45 16.05 17.75 16.05 0.997 times
28 Wed Jul 2021 17.10 17.95 17.95 16.65 0.205 times
27 Tue Jul 2021 17.35 17.70 17.70 17.00 0.838 times
26 Mon Jul 2021 17.40 17.15 17.85 17.15 2.007 times
23 Fri Jul 2021 17.30 17.75 17.90 17.00 1.1 times
22 Thu Jul 2021 16.80 16.95 18.35 16.35 1.321 times
20 Tue Jul 2021 17.25 18.00 18.40 16.20 0.842 times
19 Mon Jul 2021 17.60 17.70 18.40 17.05 0.811 times

My analysis of stock is bearish for shortterm, and stock might move down till 17 or till 16.6. Use a stoploss of 17.37 and if the stock hits stoploss, then it can shoot up till 17.74

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 12.50
Downside Target 13.25
Downside Target 15.00
Downside Target 16.05
Upside Target 17.80
Upside Target 18.15
Upside Target 18.40
Upside Target 19.45
Upside Target 19.90
Upside Target 20.00
Upside Target 20.50
Upside Target 21.00

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 16.43
Downside Intraday Target 15.62
Upside Intraday Target 17.93
Upside Intraday Target 18.62
Downside Intraday Target 17.12

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
02 Mon Aug 2021 17.25 17.00 17.80 16.30 0.181 times
30 Fri Jul 2021 16.85 17.15 17.95 16.05 1.116 times
23 Fri Jul 2021 17.30 17.70 18.40 16.20 0.31 times
16 Fri Jul 2021 17.50 17.50 19.45 16.05 1.727 times
09 Fri Jul 2021 17.25 19.90 19.90 16.05 0.534 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 Mercantile (Mercantile)

Date Monthly Closing Price Open High Low Volume
02 Mon Aug 2021 17.25 17.00 17.80 16.30 0.025 times
30 Fri Jul 2021 16.85 19.40 20.00 16.05 0.554 times
30 Wed Jun 2021 18.50 17.95 21.00 15.00 1.219 times
31 Mon May 2021 17.60 13.25 20.50 13.25 2.046 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)

Indicator Name Indicator Value Indicator Signal
ADX 9, 15, 26 Sell
MACD -0, -0Sell
Stochastics 33None
CCI -36Buy
RSI 59Buy
OBV -47498Sell
VWAP 17Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) 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 Mercantile ( (Mercantile) ) based on a short to mid term time period is

Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is

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

MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying 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 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 17.15 and Mercantile (Mercantile) 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 Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.

Mercantile 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.

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Daily charts

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