(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)
10 day averaged volume of Mercantile is 2953
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 23.11 | 23.00 | 23.87 | 22.67 | 1.111 times |
| 23 Tue Apr 2024 | 23.84 | 23.44 | 23.94 | 22.51 | 0.477 times |
| 22 Mon Apr 2024 | 23.44 | 22.45 | 23.44 | 21.47 | 3.129 times |
| 19 Fri Apr 2024 | 22.33 | 21.28 | 22.33 | 21.28 | 0.831 times |
| 18 Thu Apr 2024 | 21.27 | 22.99 | 22.99 | 21.02 | 1.725 times |
| 16 Tue Apr 2024 | 22.00 | 21.72 | 22.00 | 21.50 | 0.146 times |
| 15 Mon Apr 2024 | 21.50 | 22.05 | 22.25 | 20.96 | 0.662 times |
| 12 Fri Apr 2024 | 22.06 | 22.90 | 22.90 | 22.02 | 0.132 times |
| 10 Wed Apr 2024 | 22.97 | 23.05 | 23.55 | 22.00 | 1.244 times |
| 09 Tue Apr 2024 | 23.00 | 23.55 | 23.83 | 21.65 | 1.082 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.1, but if it comes below 23.1, then a intra day sell could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 22.15 as target. However if you take a buy trade in stock , then use 23.1 as stoploss and 24.2 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.61 |
| Downside Target | 20.10 |
| Downside Target | 20.96 |
| Downside Target | 21.47 |
| Downside Target | 22.41 |
| Downside Target | 22.99 |
| Upside Target | 23.85 |
| Upside Target | 24.29 |
| Upside Target | 26.00 |
| Upside Target | 27.00 |
| Upside Target | 29.27 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 21.74 |
| Downside Intraday Target | 20.37 |
| Upside Intraday Target | 24.21 |
| Upside Intraday Target | 25.31 |
| Downside Intraday Target | 22.84 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 23.11 | 22.45 | 23.94 | 21.47 | 1.402 times |
| 19 Fri Apr 2024 | 22.33 | 22.05 | 22.99 | 20.96 | 1.111 times |
| 12 Fri Apr 2024 | 22.06 | 24.29 | 24.29 | 21.65 | 0.63 times |
| 05 Fri Apr 2024 | 23.14 | 20.15 | 23.85 | 19.61 | 0.504 times |
| 28 Thu Mar 2024 | 20.55 | 21.51 | 21.88 | 20.15 | 1.413 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 |
| 24 Wed Apr 2024 | 23.11 | 20.15 | 24.29 | 19.61 | 0.642 times |
| 28 Thu Mar 2024 | 20.55 | 23.85 | 26.00 | 20.10 | 0.568 times |
| 29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 times |
| 31 Wed Jan 2024 | 28.49 | 23.65 | 37.14 | 22.41 | 4.657 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)
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 short term time period is neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy 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 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 coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 22.72 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 short term time period is neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy 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 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 coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 22.72 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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