logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-06-16 View latest technical analysis

10 day averaged volume of Mercantile is 10514

Date Daily Closing Price Open High Low Volume
16 Wed Jun 2021 19.00 18.25 19.85 18.25 0.584 times
15 Tue Jun 2021 19.35 19.50 20.50 19.10 0.716 times
14 Mon Jun 2021 20.35 20.80 20.80 17.40 1.338 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 0.336 times
09 Wed Jun 2021 19.05 18.75 20.65 18.20 0.43 times
08 Tue Jun 2021 19.10 20.15 21.00 18.50 0.637 times
07 Mon Jun 2021 19.15 19.75 20.90 18.25 1.413 times
04 Fri Jun 2021 19.75 20.00 20.00 18.05 1.93 times
03 Thu Jun 2021 19.75 20.45 20.90 17.50 2.891 times

My analysis of stock is bullish for shortterm, and stock might move up till 19.7 or till 21. Use a stoploss of 18.61 and if this stock hits its stoploss, then it can fall down till 17.54

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 17.33
Downside Intraday Target 15.67
Upside Intraday Target 20.73
Upside Intraday Target 22.47
Upside Intraday Target 19.07

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
16 Wed Jun 2021 19.00 20.80 20.80 17.40 0.921 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
16 Wed Jun 2021 19.00 17.95 21.00 16.05 0.608 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 15, 17, 4 Sell
MACD 2, 2Sell
Stochastics 66None
CCI -173Sell
RSI 60Buy
OBV 22065Sell
VWAP 20Sell
ADL 0Sell
ROC 9Buy
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 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 SELL. 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. 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 SELL signal for Mercantile in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 19.61 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.

Click here for Mercantile charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme