(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 2430
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 21.27 | 22.99 | 22.99 | 21.02 | 2.097 times |
16 Tue Apr 2024 | 22.00 | 21.72 | 22.00 | 21.50 | 0.177 times |
15 Mon Apr 2024 | 21.50 | 22.05 | 22.25 | 20.96 | 0.805 times |
12 Fri Apr 2024 | 22.06 | 22.90 | 22.90 | 22.02 | 0.16 times |
10 Wed Apr 2024 | 22.97 | 23.05 | 23.55 | 22.00 | 1.512 times |
09 Tue Apr 2024 | 23.00 | 23.55 | 23.83 | 21.65 | 1.314 times |
08 Mon Apr 2024 | 22.77 | 24.29 | 24.29 | 22.05 | 0.696 times |
05 Fri Apr 2024 | 23.14 | 22.73 | 23.85 | 22.40 | 1.662 times |
04 Thu Apr 2024 | 22.73 | 23.00 | 23.49 | 22.70 | 1.469 times |
03 Wed Apr 2024 | 22.38 | 21.95 | 22.38 | 21.95 | 0.914 times |
Stock of Mercantile (Mercantile) has showed a significant fall. This could be a good time to exit from this stock.
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 21.1 as stoploss in an intra day buy trade for a target of 21.84. However, stock will show a bearish move below 21.1.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 19.61 |
Downside Target | 20.10 |
Downside Target | 20.96 |
Upside Target | 21.52 |
Upside Target | 22.41 |
Upside 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 | 20.49 |
Downside Intraday Target | 19.71 |
Upside Intraday Target | 22.52 |
Upside Intraday Target | 23.77 |
Upside Intraday Target | 21.74 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 21.27 | 22.05 | 22.99 | 20.96 | 0.836 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 |
22 Fri Mar 2024 | 21.23 | 21.67 | 23.04 | 20.10 | 1.815 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 Thu Apr 2024 | 21.27 | 20.15 | 24.29 | 19.61 | 0.418 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 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 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy 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 red color and prices are below 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 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 22.44 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.
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 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy 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 red color and prices are below 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 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 22.44 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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