(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 2021-09-02 View latest technical analysis
10 day averaged volume of Mercantile is 4675
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Thu Sep 2021||14.47||14.50||14.59||14.15||0.254 times|
|01 Wed Sep 2021||14.19||14.90||14.90||14.17||0.458 times|
|31 Tue Aug 2021||14.90||15.00||15.35||14.70||0.151 times|
|30 Mon Aug 2021||14.80||15.75||15.75||14.10||0.51 times|
|27 Fri Aug 2021||14.25||14.85||14.90||14.10||0.277 times|
|26 Thu Aug 2021||14.50||15.00||15.00||13.95||2.145 times|
|25 Wed Aug 2021||14.70||14.85||15.75||14.05||2.499 times|
|24 Tue Aug 2021||14.50||14.40||14.50||13.30||1.261 times|
|23 Mon Aug 2021||14.05||14.00||15.00||13.40||1.135 times|
|20 Fri Aug 2021||13.85||14.00||14.45||13.40||0.735 times|
My analysis of stock is bearish for shortterm, and stock might move down till 14 or till 13. Use a stoploss of 14.77 and if the stock hits stoploss, then it can shoot up till 15.55
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||13.8|
|Downside Intraday Target||13.12|
|Upside Intraday Target||15.45|
|Upside Intraday Target||16.42|
|Upside Intraday Target||14.77|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Thu Sep 2021||14.47||15.75||15.75||14.10||0.188 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 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|
|02 Thu Sep 2021||14.47||14.90||14.90||14.15||0.033 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, 10||Buy|
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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. Bulls are getting tired and bears 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 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 14.45 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.