(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 4263
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 21.16 | 21.50 | 21.84 | 20.24 | 2.554 times |
26 Tue Mar 2024 | 20.96 | 21.51 | 21.88 | 20.85 | 3.208 times |
22 Fri Mar 2024 | 21.23 | 21.88 | 21.88 | 20.80 | 2.253 times |
21 Thu Mar 2024 | 21.89 | 22.09 | 23.04 | 20.99 | 0.909 times |
20 Wed Mar 2024 | 22.09 | 21.42 | 22.10 | 20.10 | 0.273 times |
19 Tue Mar 2024 | 21.07 | 22.48 | 22.48 | 21.01 | 0.878 times |
18 Mon Mar 2024 | 21.50 | 21.67 | 22.30 | 21.50 | 0.364 times |
15 Fri Mar 2024 | 21.67 | 22.00 | 22.00 | 21.65 | 0.787 times |
14 Thu Mar 2024 | 21.70 | 22.64 | 22.70 | 21.51 | 0.435 times |
13 Wed Mar 2024 | 22.64 | 23.45 | 23.45 | 21.91 | 0.605 times |
Stock of Mercantile (Mercantile) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.5, but if it comes above 21.5, then a intra day buy could be more profitable.
If you take a sell trade below 21.5, then use 21.5 as stoploss and 19.9 as target. However if you take a buy trade in stock , then use 21.5 as stoploss and 22.76 as target.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 20.10 |
Downside Target | 21.00 |
Upside Target | 21.51 |
Upside Target | 22.41 |
Upside Target | 23.30 |
Upside Target | 24.74 |
Upside Target | 26.00 |
Upside Target | 26.48 |
Upside Target | 27.00 |
Upside Target | 29.27 |
Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 20.31 |
Downside Intraday Target | 19.45 |
Upside Intraday Target | 21.95 |
Upside Intraday Target | 22.73 |
Downside Intraday Target | 21.09 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 21.16 | 21.51 | 21.88 | 20.24 | 1.232 times |
22 Fri Mar 2024 | 21.23 | 21.67 | 23.04 | 20.10 | 1.815 times |
15 Fri Mar 2024 | 21.67 | 24.74 | 24.74 | 21.51 | 0.977 times |
07 Thu Mar 2024 | 24.00 | 26.00 | 26.00 | 22.75 | 0.463 times |
02 Sat Mar 2024 | 25.00 | 25.75 | 26.48 | 23.20 | 0.961 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 |
27 Wed Mar 2024 | 21.16 | 23.85 | 26.00 | 20.10 | 0.54 times |
29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 times |
31 Wed Jan 2024 | 28.49 | 23.65 | 37.14 | 22.41 | 4.657 times |
29 Fri Dec 2023 | 23.19 | 22.05 | 27.00 | 21.52 | 1.475 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)
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Mercantile stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term and the sell 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL 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 21.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Mercantile stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term and the sell 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL 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 21.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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