(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)
10 day averaged volume of Mercantile is 3760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 22.94 | 24.48 | 24.48 | 22.33 | 0.379 times |
| 03 Fri May 2024 | 23.35 | 23.50 | 23.99 | 23.10 | 0.39 times |
| 02 Thu May 2024 | 24.03 | 24.00 | 24.70 | 23.07 | 0.737 times |
| 30 Tue Apr 2024 | 24.00 | 23.40 | 24.30 | 23.31 | 1.45 times |
| 29 Mon Apr 2024 | 23.16 | 23.35 | 24.00 | 23.11 | 0.639 times |
| 26 Fri Apr 2024 | 23.56 | 23.01 | 24.15 | 23.01 | 1.605 times |
| 25 Thu Apr 2024 | 23.01 | 23.50 | 23.50 | 23.00 | 0.822 times |
| 24 Wed Apr 2024 | 23.11 | 23.00 | 23.87 | 22.67 | 0.873 times |
| 23 Tue Apr 2024 | 23.84 | 23.44 | 23.94 | 22.51 | 0.374 times |
| 22 Mon Apr 2024 | 23.44 | 22.45 | 23.44 | 21.47 | 2.457 times |
My analysis of stock is bullish for shortterm, and stock might move up till 23.7 or till 24.5. Use a stoploss of 22.91 and if this stock hits its stoploss, then it can fall down till 22.17
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.61 |
| Downside Target | 20.10 |
| Downside Target | 20.96 |
| Downside Target | 21.47 |
| Downside Target | 22.33 |
| Upside Target | 22.99 |
| Upside Target | 24.15 |
| Upside Target | 24.48 |
| Upside Target | 24.70 |
| Upside Target | 26.00 |
| Upside Target | 29.27 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 22.02 |
| Downside Intraday Target | 21.1 |
| Upside Intraday Target | 24.17 |
| Upside Intraday Target | 25.4 |
| Upside Intraday Target | 23.25 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 22.94 | 24.48 | 24.48 | 22.33 | 0.118 times |
| 03 Fri May 2024 | 23.35 | 23.35 | 24.70 | 23.07 | 0.525 times |
| 26 Fri Apr 2024 | 23.56 | 22.45 | 24.15 | 21.47 | 2.32 times |
| 19 Fri Apr 2024 | 22.33 | 22.05 | 22.99 | 20.96 | 1.111 times |
| 12 Fri Apr 2024 | 22.06 | 24.29 | 24.29 | 21.65 | 0.63 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 |
| 06 Mon May 2024 | 22.94 | 24.00 | 24.70 | 22.33 | 0.089 times |
| 30 Tue Apr 2024 | 24.00 | 20.15 | 24.30 | 19.61 | 0.873 times |
| 28 Thu Mar 2024 | 20.55 | 23.85 | 26.00 | 20.10 | 0.568 times |
| 29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 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)
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 to mid 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 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 and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 23.5 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 to mid 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 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 and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 23.5 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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