(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 2021-06-15 View latest technical analysis
10 day averaged volume of Mercantile is 10477
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Tue Jun 2021||19.35||19.50||20.50||19.10||0.719 times|
|14 Mon Jun 2021||20.35||20.80||20.80||17.40||1.343 times|
|11 Fri Jun 2021||19.85||19.75||20.30||18.20||0.047 times|
|10 Thu Jun 2021||19.75||20.45||20.50||19.25||0.337 times|
|09 Wed Jun 2021||19.05||18.75||20.65||18.20||0.431 times|
|08 Tue Jun 2021||19.10||20.15||21.00||18.50||0.64 times|
|07 Mon Jun 2021||19.15||19.75||20.90||18.25||1.418 times|
|04 Fri Jun 2021||19.75||20.00||20.00||18.05||1.937 times|
|03 Thu Jun 2021||19.75||20.45||20.90||17.50||2.901 times|
|02 Wed Jun 2021||17.50||16.05||17.90||16.05||0.262 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 19.6 as stoploss in an intra day sell trade for a target of 18.5. However, stock will show a bullish move above 19.6.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.57|
|Downside Intraday Target||15.78|
|Upside Intraday Target||20.97|
|Upside Intraday Target||22.58|
|Downside Intraday Target||19.18|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Tue Jun 2021||19.35||20.80||20.80||17.40||0.718 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 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|
|15 Tue Jun 2021||19.35||17.95||21.00||16.05||0.577 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||17, 14, 9||Buy|
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
Mercantile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 19.59 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.