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(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 2021-08-27 View latest technical analysis

10 day averaged volume of Mercantile is 5387

Date Daily Closing Price Open High Low Volume
27 Fri Aug 2021 14.25 14.85 14.90 14.10 0.241 times
26 Thu Aug 2021 14.50 15.00 15.00 13.95 1.862 times
25 Wed Aug 2021 14.70 14.85 15.75 14.05 2.169 times
24 Tue Aug 2021 14.50 14.40 14.50 13.30 1.094 times
23 Mon Aug 2021 14.05 14.00 15.00 13.40 0.985 times
20 Fri Aug 2021 13.85 14.00 14.45 13.40 0.638 times
18 Wed Aug 2021 13.75 14.70 14.70 13.15 0.719 times
17 Tue Aug 2021 14.40 14.40 14.40 13.05 0.451 times
16 Mon Aug 2021 14.00 16.10 16.10 13.80 0.971 times
13 Fri Aug 2021 14.95 16.75 16.75 14.40 0.805 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 14.1 as stoploss in an intra day buy trade for a target of 15.29. However, stock will show a bearish move below 14.1.

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 12.50
Downside Target 13.05
Upside Target 15.00
Upside Target 15.75
Upside Target 16.85
Upside Target 17.95
Upside Target 18.15
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 13.12
Downside Intraday Target 11.98
Upside Intraday Target 15.57
Upside Intraday Target 16.88
Upside Intraday Target 14.43

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
27 Fri Aug 2021 14.25 14.00 15.75 13.30 2.285 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mercantile (Mercantile)

Date Monthly Closing Price Open High Low Volume
27 Fri Aug 2021 14.25 17.00 18.50 13.05 0.753 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 18, 15, 9 Buy
MACD -1, -1Buy
Stochastics 39None
CCI 8Sell
RSI 46Sell
OBV -21536Sell
VWAP 14Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but SELL signal is weak.

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 14.38 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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