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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 2021-06-02 View latest technical analysis

10 day averaged volume of Mercantile is 6751

Date Daily Closing Price Open High Low Volume
02 Wed Jun 2021 17.50 16.05 17.90 16.05 0.407 times
01 Tue Jun 2021 17.05 17.95 19.65 16.60 1.06 times
31 Mon May 2021 17.60 17.75 17.85 17.00 0.521 times
28 Fri May 2021 17.40 19.55 19.55 16.60 1.698 times
27 Thu May 2021 19.15 18.65 19.50 17.55 1.286 times
26 Wed May 2021 18.50 18.85 19.50 18.50 1.3 times
25 Tue May 2021 18.50 17.00 19.85 17.00 1.131 times
24 Mon May 2021 16.90 17.90 17.90 16.30 0.209 times
21 Fri May 2021 17.00 17.00 18.00 15.60 0.385 times
20 Thu May 2021 17.50 17.00 18.80 16.25 2.195 times

My analysis of stock is bullish for shortterm, and stock might move up till 18.2 or till 19.7. Use a stoploss of 17.02 and if this stock hits its stoploss, then it can fall down till 15.81

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
Upside Target 18.15
Upside Target 19.00
Upside Target 19.65
Upside Target 19.85
Upside Target 20.50

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 15.82
Downside Intraday Target 14.13
Upside Intraday Target 19.42
Upside Intraday Target 21.33
Upside Intraday Target 17.73

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
02 Wed Jun 2021 17.50 17.75 19.65 16.05 0.354 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
02 Wed Jun 2021 17.50 17.95 19.65 16.05 0.051 times
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

Scroll below to view daily charts

Price has moved down 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 22, 16, 16 Buy
MACD 1, 2Sell
Stochastics 42None
CCI -74Sell
RSI 56Buy
OBV 103171Sell
VWAP 18Sell
ADL 0Sell
ROC 4Buy
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 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 to mid 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 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 losing momentum.

MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.

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 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 17.86 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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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