(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 2021-06-17 View latest technical analysis
10 day averaged volume of Mercantile is 10853
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Thu Jun 2021||20.00||17.25||20.85||17.25||1.186 times|
|16 Wed Jun 2021||19.00||18.25||19.85||18.25||0.565 times|
|15 Tue Jun 2021||19.35||19.50||20.50||19.10||0.694 times|
|14 Mon Jun 2021||20.35||20.80||20.80||17.40||1.296 times|
|11 Fri Jun 2021||19.85||19.75||20.30||18.20||0.046 times|
|10 Thu Jun 2021||19.75||20.45||20.50||19.25||0.326 times|
|09 Wed Jun 2021||19.05||18.75||20.65||18.20||0.416 times|
|08 Tue Jun 2021||19.10||20.15||21.00||18.50||0.617 times|
|07 Mon Jun 2021||19.15||19.75||20.90||18.25||1.369 times|
|04 Fri Jun 2021||19.75||20.00||20.00||18.05||1.87 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.8, but if it comes below 19.8, then a intra day sell could be more profitable.
If you take a sell trade below 19.8, then use 19.8 as stoploss and 18.74 as target. However if you take a buy trade in stock , then use 19.8 as stoploss and 21.1 as target.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.88|
|Downside Intraday Target||15.77|
|Upside Intraday Target||21.48|
|Upside Intraday Target||22.97|
|Downside Intraday Target||19.37|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Thu Jun 2021||20.00||20.80||20.85||17.25||1.349 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|
|17 Thu Jun 2021||20.00||17.95||21.00||16.05||0.675 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||13, 14, 3||Sell|
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Mercantile in short term but BUY signal is weak.
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
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 19.61 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.