(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 2021-08-24 View latest technical analysis
10 day averaged volume of Mercantile is 4388
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||14.50||14.40||14.50||13.30||1.343 times|
|23 Mon Aug 2021||14.05||14.00||15.00||13.40||1.21 times|
|20 Fri Aug 2021||13.85||14.00||14.45||13.40||0.784 times|
|18 Wed Aug 2021||13.75||14.70||14.70||13.15||0.882 times|
|17 Tue Aug 2021||14.40||14.40||14.40||13.05||0.554 times|
|16 Mon Aug 2021||14.00||16.10||16.10||13.80||1.192 times|
|13 Fri Aug 2021||14.95||16.75||16.75||14.40||0.988 times|
|12 Thu Aug 2021||15.40||15.40||15.40||14.50||0.374 times|
|11 Wed Aug 2021||14.65||14.35||15.75||13.80||1.448 times|
|10 Tue Aug 2021||14.95||16.40||16.40||13.55||2.275 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.4 as stoploss in an intra day buy trade for a target of 15.67. However, stock will show a bearish move below 14.4.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||13.53|
|Downside Intraday Target||12.57|
|Upside Intraday Target||15.23|
|Upside Intraday Target||15.97|
|Downside Intraday Target||14.27|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||14.50||14.00||15.00||13.30||0.748 times|
|20 Fri Aug 2021||13.85||16.10||16.10||13.05||0.634 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|
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 Tue Aug 2021||14.50||17.00||18.50||13.05||0.578 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
Indicators analysis of Mercantile (Mercantile)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||13, 18, 15||Sell|
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 14.47 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 has given negative returns over a short term period. Returns for a longer term period have been negative.