(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 2712
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 17.75 | 18.20 | 18.60 | 17.70 | 0.764 times |
| 08 Mon Aug 2022 | 18.05 | 17.65 | 18.80 | 17.65 | 0.072 times |
| 05 Fri Aug 2022 | 18.45 | 17.55 | 18.70 | 17.55 | 0.33 times |
| 04 Thu Aug 2022 | 18.00 | 18.00 | 18.00 | 17.70 | 0.221 times |
| 03 Wed Aug 2022 | 18.70 | 20.90 | 20.90 | 17.55 | 1.408 times |
| 02 Tue Aug 2022 | 18.10 | 17.50 | 18.40 | 17.50 | 1.05 times |
| 01 Mon Aug 2022 | 17.50 | 18.50 | 19.25 | 17.40 | 1.239 times |
| 30 Sat Jul 2022 | 18.20 | 18.65 | 18.65 | 17.60 | 2.269 times |
| 28 Thu Jul 2022 | 18.20 | 19.80 | 19.80 | 17.60 | 2.052 times |
| 27 Wed Jul 2022 | 17.75 | 18.80 | 18.80 | 17.35 | 0.419 times |
My analysis of stock is bearish for shortterm, and stock might move down till 17.5 or till 16.9. Use a stoploss of 17.96 and if the stock hits stoploss, then it can shoot up till 18.45
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 15.30 |
| Downside Target | 15.70 |
| Downside Target | 16.05 |
| Downside Target | 16.50 |
| Downside Target | 17.20 |
| Upside Target | 18.80 |
| Upside Target | 19.70 |
| Upside Target | 19.80 |
| Upside Target | 20.90 |
| Upside Target | 21.75 |
| Upside Target | 22.75 |
| Upside Target | 23.85 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 17.33 |
| Downside Intraday Target | 16.92 |
| Upside Intraday Target | 18.48 |
| Upside Intraday Target | 19.22 |
| Upside Intraday Target | 18.07 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 17.75 | 17.65 | 18.80 | 17.65 | 0.197 times |
| 05 Fri Aug 2022 | 18.45 | 18.50 | 20.90 | 17.40 | 0.73 times |
| 30 Sat Jul 2022 | 18.20 | 18.50 | 19.80 | 17.25 | 0.83 times |
| 22 Fri Jul 2022 | 18.50 | 16.80 | 19.70 | 16.80 | 1.192 times |
| 15 Fri Jul 2022 | 17.10 | 17.50 | 19.70 | 16.50 | 1.333 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 |
| 10 Wed Aug 2022 | 17.75 | 18.50 | 20.90 | 17.40 | 0.214 times |
| 30 Sat Jul 2022 | 18.20 | 18.50 | 19.80 | 15.70 | 1.07 times |
| 30 Thu Jun 2022 | 16.60 | 20.60 | 21.75 | 16.05 | 0.788 times |
| 31 Tue May 2022 | 18.90 | 22.75 | 22.75 | 15.30 | 0.754 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 | 26, 3, 78 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 22 | Sell |
| CCI | -53 | Sell |
| RSI | 50 | Buy |
| OBV | 6584 | Sell |
| VWAP | 18 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 mid to longer term time period is
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong 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 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 green color and prices are in or below the green 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 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 18.12 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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