(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 2021-05-31 View latest technical analysis
10 day averaged volume of Mercantile is 7179
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Mon May 2021||17.60||17.75||17.85||17.00||0.489 times|
|28 Fri May 2021||17.40||19.55||19.55||16.60||1.597 times|
|27 Thu May 2021||19.15||18.65||19.50||17.55||1.21 times|
|26 Wed May 2021||18.50||18.85||19.50||18.50||1.222 times|
|25 Tue May 2021||18.50||17.00||19.85||17.00||1.063 times|
|24 Mon May 2021||16.90||17.90||17.90||16.30||0.196 times|
|21 Fri May 2021||17.00||17.00||18.00||15.60||0.362 times|
|20 Thu May 2021||17.50||17.00||18.80||16.25||2.064 times|
|19 Wed May 2021||16.85||17.50||17.90||16.05||0.203 times|
|18 Tue May 2021||17.25||18.15||18.20||17.00||0.646 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 18.1 as stoploss in an intra day sell trade for a target of 16.8. However, stock will show a bullish move above 18.1.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.12|
|Downside Intraday Target||16.63|
|Upside Intraday Target||17.97|
|Upside Intraday Target||18.33|
|Downside Intraday Target||17.48|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Mon May 2021||17.60||17.75||17.85||17.00||0.093 times|
|28 Fri May 2021||17.40||17.90||19.85||16.30||1.123 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|
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|
|31 Mon May 2021||17.60||13.25||20.50||13.25||2.046 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||19, 17, 4||Buy|
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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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 in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 17.9 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.