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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)

Showing technical analysis as on 2021-05-25 View latest technical analysis

10 day averaged volume of Mercantile is 13648

Date Daily Closing Price Open High Low Volume
25 Tue May 2021 18.50 17.00 19.85 17.00 0.559 times
24 Mon May 2021 16.90 17.90 17.90 16.30 0.103 times
21 Fri May 2021 17.00 17.00 18.00 15.60 0.19 times
20 Thu May 2021 17.50 17.00 18.80 16.25 1.086 times
19 Wed May 2021 16.85 17.50 17.90 16.05 0.107 times
18 Tue May 2021 17.25 18.15 18.20 17.00 0.34 times
17 Mon May 2021 18.15 17.60 19.00 17.00 0.755 times
14 Fri May 2021 17.60 17.60 20.50 17.60 1.665 times
12 Wed May 2021 17.60 15.35 18.00 14.05 3.284 times
11 Tue May 2021 15.00 14.80 17.80 14.80 2.265 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 19, for a target of 17.4 or 16.14

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 11.60
Downside Target 12.50
Downside Target 13.25
Downside Target 14.05
Downside Target 15.60
Downside Target 16.00
Downside Target 16.50
Downside Target 18.15
Upside Target 19.00
Upside Target 19.85
Upside Target 20.50

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 16.58
Downside Intraday Target 14.67
Upside Intraday Target 20.13
Upside Intraday Target 21.77
Downside Intraday Target 18.22

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
25 Tue May 2021 18.50 17.90 19.85 16.30 0.267 times
21 Fri May 2021 17.00 17.60 19.00 15.60 0.334 times
14 Fri May 2021 17.60 14.05 20.50 14.05 5.593 times
07 Fri May 2021 15.40 13.25 16.00 13.25 1.223 times
30 Fri Apr 2021 15.17 14.55 18.15 14.25 1.177 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
25 Tue May 2021 18.50 13.25 20.50 13.25 1.705 times
30 Fri Apr 2021 15.17 12.70 18.15 12.50 1.67 times
31 Wed Mar 2021 12.94 12.50 14.22 11.60 0.471 times
26 Fri Feb 2021 13.25 13.26 14.50 11.65 0.825 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mercantile (Mercantile)

Indicator Name Indicator Value Indicator Signal
ADX 26, 13, 33 Buy
MACD 2, 1Buy
Stochastics 53None
CCI 109Buy
RSI 67Buy
OBV 114370Sell
VWAP 17Buy
ADL 0Sell
ROC 24Buy
Force Index 0Sell

Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Mercantile stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mercantile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.07 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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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