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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 2021-09-03 View latest technical analysis

10 day averaged volume of Mercantile is 4407

Date Daily Closing Price Open High Low Volume
03 Fri Sep 2021 14.92 13.86 15.95 13.20 0.404 times
02 Thu Sep 2021 14.47 14.50 14.59 14.15 0.27 times
01 Wed Sep 2021 14.19 14.90 14.90 14.17 0.485 times
31 Tue Aug 2021 14.90 15.00 15.35 14.70 0.16 times
30 Mon Aug 2021 14.80 15.75 15.75 14.10 0.541 times
27 Fri Aug 2021 14.25 14.85 14.90 14.10 0.294 times
26 Thu Aug 2021 14.50 15.00 15.00 13.95 2.276 times
25 Wed Aug 2021 14.70 14.85 15.75 14.05 2.651 times
24 Tue Aug 2021 14.50 14.40 14.50 13.30 1.337 times
23 Mon Aug 2021 14.05 14.00 15.00 13.40 1.204 times

My analysis of stock is bullish for shortterm, and stock might move up till 15.4 or till 16.2. Use a stoploss of 14.7 and if this stock hits its stoploss, then it can fall down till 14.01

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 13.05
Upside Target 15.00
Upside Target 15.75
Upside Target 16.10
Upside Target 16.20
Upside Target 16.85
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 13.43
Downside Intraday Target 11.94
Upside Intraday Target 16.18
Upside Intraday Target 17.44
Downside Intraday Target 14.69

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
03 Fri Sep 2021 14.92 15.75 15.95 13.20 0.24 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
03 Fri Sep 2021 14.92 14.90 15.95 13.20 0.05 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 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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 13, 33 Buy
MACD -1, -1Buy
Stochastics 50None
CCI 41Buy
RSI 44Sell
OBV -9998Sell
VWAP 15Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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 buy signal for Mercantile in short term and BUY 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

Stock of Mercantile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.52 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.

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