(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 2021-09-07 View latest technical analysis
10 day averaged volume of Mercantile is 3740
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||14.64||15.25||15.25||14.11||2.786 times|
|06 Mon Sep 2021||14.83||13.50||15.39||13.50||0.079 times|
|03 Fri Sep 2021||14.92||13.86||15.95||13.20||0.476 times|
|02 Thu Sep 2021||14.47||14.50||14.59||14.15||0.318 times|
|01 Wed Sep 2021||14.19||14.90||14.90||14.17||0.572 times|
|31 Tue Aug 2021||14.90||15.00||15.35||14.70||0.188 times|
|30 Mon Aug 2021||14.80||15.75||15.75||14.10||0.637 times|
|27 Fri Aug 2021||14.25||14.85||14.90||14.10||0.347 times|
|26 Thu Aug 2021||14.50||15.00||15.00||13.95||2.682 times|
|25 Wed Aug 2021||14.70||14.85||15.75||14.05||3.124 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 bullish for shortterm, and stock might move up till 15 or till 15.4. Use a stoploss of 14.54 and if this stock hits its stoploss, then it can fall down till 14.13
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||13.63|
|Downside Intraday Target||12.62|
|Upside Intraday Target||15.52|
|Upside Intraday Target||16.4|
|Downside Intraday Target||14.51|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||14.64||13.50||15.39||13.50||1.307 times|
|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|
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|
|07 Tue Sep 2021||14.64||14.90||15.95||13.20||0.155 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||20, 10, 33||Buy|
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Strong 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. 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 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
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 14.61 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.