(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 2021-09-16 View latest technical analysis
10 day averaged volume of Mercantile is 3570
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Thu Sep 2021||15.95||15.25||15.95||14.61||0.922 times|
|15 Wed Sep 2021||15.59||14.70||15.70||14.20||2.214 times|
|14 Tue Sep 2021||14.94||15.34||15.34||14.31||0.491 times|
|13 Mon Sep 2021||15.25||14.45||15.25||14.00||1.525 times|
|09 Thu Sep 2021||14.57||15.73||15.73||14.21||0.912 times|
|08 Wed Sep 2021||14.77||14.98||14.98||14.27||0.425 times|
|07 Tue Sep 2021||14.64||15.25||15.25||14.11||2.919 times|
|06 Mon Sep 2021||14.83||13.50||15.39||13.50||0.082 times|
|03 Fri Sep 2021||14.92||13.86||15.95||13.20||0.499 times|
|02 Thu Sep 2021||14.47||14.50||14.59||14.15||0.333 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 15.8, for a target of 15.2 or 14.67
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||14.65|
|Downside Intraday Target||13.35|
|Upside Intraday Target||16.6|
|Upside Intraday Target||17.25|
|Downside Intraday Target||15.3|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Thu Sep 2021||15.95||14.45||15.95||14.00||1.188 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|
|16 Thu Sep 2021||15.95||14.90||15.95||13.20||0.382 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||20, 8, 44||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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 15.07 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.