(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 2674
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||18.30||18.45||18.45||17.55||0.727 times|
|11 Thu Aug 2022||18.40||18.75||18.75||17.70||0.461 times|
|10 Wed Aug 2022||17.75||18.20||18.60||17.70||0.774 times|
|08 Mon Aug 2022||18.05||17.65||18.80||17.65||0.073 times|
|05 Fri Aug 2022||18.45||17.55||18.70||17.55||0.335 times|
|04 Thu Aug 2022||18.00||18.00||18.00||17.70||0.224 times|
|03 Wed Aug 2022||18.70||20.90||20.90||17.55||1.428 times|
|02 Tue Aug 2022||18.10||17.50||18.40||17.50||1.065 times|
|01 Mon Aug 2022||17.50||18.50||19.25||17.40||1.257 times|
|30 Sat Jul 2022||18.20||18.65||18.65||17.60||2.301 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 18.5 as stoploss in an intra day sell trade for a target of 18.05. However, stock will show a bullish move above 18.5.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.63|
|Downside Intraday Target||16.97|
|Upside Intraday Target||18.88|
|Upside Intraday Target||19.47|
|Downside Intraday Target||18.22|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||18.30||17.65||18.80||17.55||0.473 times|
|05 Fri Aug 2022||18.45||18.50||20.90||17.40||0.73 times|
|30 Sat Jul 2022||18.20||18.50||19.80||17.25||0.83 times|
|22 Fri Jul 2022||18.50||16.80||19.70||16.80||1.192 times|
|15 Fri Jul 2022||17.10||17.50||19.70||16.50||1.333 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|
|12 Fri Aug 2022||18.30||18.50||20.90||17.40||0.264 times|
|30 Sat Jul 2022||18.20||18.50||19.80||15.70||1.07 times|
|30 Thu Jun 2022||16.60||20.60||21.75||16.05||0.788 times|
|31 Tue May 2022||18.90||22.75||22.75||15.30||0.754 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||23, 4, 70||Buy|
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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 18.15 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 is giving positive 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.