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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 2021-06-15 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)

Target Type Value
Downside Target 11.60
Downside Target 12.50
Downside Target 13.25
Downside Target 14.22
Downside Target 15.60
Downside Target 16.05
Downside Target 17.40
Downside Target 18.15
Downside Target 19.00
Upside Target 19.85
Upside Target 20.50
Upside Target 20.80
Upside Target 20.90
Upside Target 21.00

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
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
MACD 2, 2Buy
Stochastics 77Buy
CCI 63Buy
RSI 59Buy
OBV 23564Sell
VWAP 20Sell
ADL 0Sell
ROC 13Buy
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 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.

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Daily charts

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