(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 2021-08-18 View latest technical analysis
10 day averaged volume of Mercantile is 4947
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 13.75 | 14.70 | 14.70 | 13.15 | 0.783 times |
| 17 Tue Aug 2021 | 14.40 | 14.40 | 14.40 | 13.05 | 0.491 times |
| 16 Mon Aug 2021 | 14.00 | 16.10 | 16.10 | 13.80 | 1.057 times |
| 13 Fri Aug 2021 | 14.95 | 16.75 | 16.75 | 14.40 | 0.876 times |
| 12 Thu Aug 2021 | 15.40 | 15.40 | 15.40 | 14.50 | 0.332 times |
| 11 Wed Aug 2021 | 14.65 | 14.35 | 15.75 | 13.80 | 1.285 times |
| 10 Tue Aug 2021 | 14.95 | 16.40 | 16.40 | 13.55 | 2.018 times |
| 09 Mon Aug 2021 | 16.40 | 16.45 | 16.85 | 16.30 | 0.259 times |
| 06 Fri Aug 2021 | 16.30 | 16.70 | 17.00 | 16.20 | 0.762 times |
| 05 Thu Aug 2021 | 16.45 | 17.45 | 17.60 | 16.40 | 0.146 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 13.4, for a target of 14.9 or 16.12
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 12.50 |
| Downside Target | 13.05 |
| Downside Target | 13.55 |
| Upside Target | 15.00 |
| Upside Target | 16.05 |
| Upside Target | 16.85 |
| Upside Target | 17.95 |
| Upside Target | 18.40 |
| Upside Target | 18.50 |
| Upside Target | 20.00 |
| Upside Target | 20.50 |
| Upside Target | 21.00 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 12.5 |
| Downside Intraday Target | 11.25 |
| Upside Intraday Target | 15.55 |
| Upside Intraday Target | 17.35 |
| Upside Intraday Target | 14.3 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Aug 2021 | 13.75 | 16.10 | 16.10 | 13.05 | 0.489 times |
| 13 Fri Aug 2021 | 14.95 | 16.45 | 16.85 | 13.55 | 0.898 times |
| 06 Fri Aug 2021 | 16.30 | 17.00 | 18.50 | 16.20 | 1.468 times |
| 30 Fri Jul 2021 | 16.85 | 17.15 | 17.95 | 16.05 | 1.116 times |
| 23 Fri Jul 2021 | 17.30 | 17.70 | 18.40 | 16.20 | 0.31 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 |
| 18 Wed Aug 2021 | 13.75 | 17.00 | 18.50 | 13.05 | 0.467 times |
| 30 Fri Jul 2021 | 16.85 | 19.40 | 20.00 | 16.05 | 0.554 times |
| 30 Wed Jun 2021 | 18.50 | 17.95 | 21.00 | 15.00 | 1.219 times |
| 31 Mon May 2021 | 17.60 | 13.25 | 20.50 | 13.25 | 2.046 times |
Scroll below to view daily charts
Price has moved down 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 | 12, 22, 29 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 16 | Sell |
| CCI | -109 | Sell |
| RSI | 48 | Sell |
| OBV | -36923 | Sell |
| VWAP | 15 | Sell |
| ADL | 0 | Sell |
| ROC | -18 | Sell |
| Force Index | 0 | Sell |
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 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 14.85 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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