(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 2021-09-01 View latest technical analysis
10 day averaged volume of Mercantile is 4704
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Wed Sep 2021||14.19||14.90||14.90||14.17||0.455 times|
|31 Tue Aug 2021||14.90||15.00||15.35||14.70||0.15 times|
|30 Mon Aug 2021||14.80||15.75||15.75||14.10||0.507 times|
|27 Fri Aug 2021||14.25||14.85||14.90||14.10||0.276 times|
|26 Thu Aug 2021||14.50||15.00||15.00||13.95||2.132 times|
|25 Wed Aug 2021||14.70||14.85||15.75||14.05||2.484 times|
|24 Tue Aug 2021||14.50||14.40||14.50||13.30||1.253 times|
|23 Mon Aug 2021||14.05||14.00||15.00||13.40||1.128 times|
|20 Fri Aug 2021||13.85||14.00||14.45||13.40||0.731 times|
|18 Wed Aug 2021||13.75||14.70||14.70||13.15||0.823 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 as stoploss in an intra day buy trade for a target of 14.89. However, stock will show a bearish move below 14.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||13.61|
|Downside Intraday Target||13.03|
|Upside Intraday Target||15.26|
|Upside Intraday Target||16.33|
|Upside Intraday Target||14.68|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Wed Sep 2021||14.19||15.75||15.75||14.10||0.153 times|
|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|
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|
|01 Wed Sep 2021||14.19||14.90||14.90||14.17||0.021 times|
|31 Tue Aug 2021||14.90||17.00||18.50||13.05||0.776 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|
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||19, 16, 9||Buy|
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and selling is picking up 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 14.39 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.