(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 2021-05-26 View latest technical analysis
10 day averaged volume of Mercantile is 14132
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Wed May 2021||18.50||18.85||19.50||18.50||0.621 times|
|25 Tue May 2021||18.50||17.00||19.85||17.00||0.54 times|
|24 Mon May 2021||16.90||17.90||17.90||16.30||0.1 times|
|21 Fri May 2021||17.00||17.00||18.00||15.60||0.184 times|
|20 Thu May 2021||17.50||17.00||18.80||16.25||1.049 times|
|19 Wed May 2021||16.85||17.50||17.90||16.05||0.103 times|
|18 Tue May 2021||17.25||18.15||18.20||17.00||0.328 times|
|17 Mon May 2021||18.15||17.60||19.00||17.00||0.73 times|
|14 Fri May 2021||17.60||17.60||20.50||17.60||1.608 times|
|12 Wed May 2021||17.60||15.35||18.00||14.05||3.172 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.7, but if it comes below 17.7, then a intra day sell could be more profitable.
If you take a sell trade below 17.7, then use 17.7 as stoploss and 16.35 as target. However if you take a buy trade in stock , then use 17.7 as stoploss and 19.2 as target.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|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|
|26 Wed May 2021||18.50||17.90||19.85||16.30||0.527 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|
|26 Wed May 2021||18.50||13.25||20.50||13.25||1.797 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||25, 12, 33||Buy|
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 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 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 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 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 coming down
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 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 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 17.71 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.