(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 2021-06-14 View latest technical analysis
10 day averaged volume of Mercantile is 9421
|Date||Daily Closing Price||Open||High||Low||Volume|
|14 Mon Jun 2021||20.35||20.80||20.80||17.40||1.493 times|
|11 Fri Jun 2021||19.85||19.75||20.30||18.20||0.053 times|
|10 Thu Jun 2021||19.75||20.45||20.50||19.25||0.375 times|
|09 Wed Jun 2021||19.05||18.75||20.65||18.20||0.479 times|
|08 Tue Jun 2021||19.10||20.15||21.00||18.50||0.711 times|
|07 Mon Jun 2021||19.15||19.75||20.90||18.25||1.577 times|
|04 Fri Jun 2021||19.75||20.00||20.00||18.05||2.154 times|
|03 Thu Jun 2021||19.75||20.45||20.90||17.50||3.226 times|
|02 Wed Jun 2021||17.50||16.05||17.90||16.05||0.292 times|
|01 Tue Jun 2021||17.05||17.95||19.65||16.60||0.76 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.5, but if it comes below 19.5, then a intra day sell could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 18.4 as target. However if you take a buy trade in stock , then use 19.5 as stoploss and 20.9 as target.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||18.23|
|Downside Intraday Target||16.12|
|Upside Intraday Target||21.63|
|Upside Intraday Target||22.92|
|Downside Intraday Target||19.52|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|14 Mon Jun 2021||20.35||20.80||20.80||17.40||0.467 times|
|11 Fri Jun 2021||19.85||19.75||21.00||18.20||0.47 times|
|04 Fri Jun 2021||19.75||17.75||20.90||16.05||1.689 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|
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|
|14 Mon Jun 2021||20.35||17.95||21.00||16.05||0.538 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 up 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||18, 15, 9||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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 19.43 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.