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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 2021-09-14 View latest technical analysis

10 day averaged volume of Mercantile is 2913

Date Daily Closing Price Open High Low Volume
14 Tue Sep 2021 14.94 15.34 15.34 14.31 0.601 times
13 Mon Sep 2021 15.25 14.45 15.25 14.00 1.87 times
09 Thu Sep 2021 14.57 15.73 15.73 14.21 1.117 times
08 Wed Sep 2021 14.77 14.98 14.98 14.27 0.521 times
07 Tue Sep 2021 14.64 15.25 15.25 14.11 3.577 times
06 Mon Sep 2021 14.83 13.50 15.39 13.50 0.101 times
03 Fri Sep 2021 14.92 13.86 15.95 13.20 0.612 times
02 Thu Sep 2021 14.47 14.50 14.59 14.15 0.408 times
01 Wed Sep 2021 14.19 14.90 14.90 14.17 0.734 times
31 Tue Aug 2021 14.90 15.00 15.35 14.70 0.242 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.9, but if it comes below 14.9, then a intra day sell could be more profitable.
If you take a sell trade below 14.9, then use 14.9 as stoploss and 14.51 as target. However if you take a buy trade in stock , then use 14.9 as stoploss and 15.4 as target.

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 13.05
Downside Target 14.00
Upside Target 15.00
Upside Target 15.34
Upside Target 15.73
Upside Target 15.95
Upside Target 16.05
Upside Target 16.10
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 14.18
Downside Intraday Target 13.42
Upside Intraday Target 15.52
Upside Intraday Target 16.1
Downside Intraday Target 14.76

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
14 Tue Sep 2021 14.94 14.45 15.34 14.00 0.465 times
09 Thu Sep 2021 14.57 13.50 15.73 13.50 1.889 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

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
14 Tue Sep 2021 14.94 14.90 15.95 13.20 0.272 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 19, 9, 35 Buy
MACD -1, -1Buy
Stochastics 63None
CCI 76Buy
RSI 50Sell
OBV -850Sell
VWAP 15Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 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 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

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 14.76 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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Daily charts

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