(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 2022-01-05 View latest technical analysis
10 day averaged volume of Mercantile is 60931
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jan 2022 | 25.80 | 27.10 | 27.10 | 25.75 | 0.163 times |
| 04 Tue Jan 2022 | 27.10 | 29.85 | 29.85 | 27.10 | 0.143 times |
| 03 Mon Jan 2022 | 28.50 | 26.85 | 29.70 | 25.80 | 0.354 times |
| 31 Fri Dec 2021 | 27.40 | 27.50 | 29.70 | 25.20 | 0.763 times |
| 30 Thu Dec 2021 | 27.55 | 31.70 | 31.70 | 27.50 | 0.882 times |
| 29 Wed Dec 2021 | 30.55 | 30.70 | 32.30 | 27.00 | 1.212 times |
| 28 Tue Dec 2021 | 29.50 | 25.45 | 29.50 | 22.25 | 2.296 times |
| 27 Mon Dec 2021 | 24.60 | 20.95 | 24.60 | 20.95 | 3.178 times |
| 24 Fri Dec 2021 | 20.50 | 21.00 | 21.00 | 19.00 | 0.249 times |
| 23 Thu Dec 2021 | 19.20 | 19.35 | 19.50 | 18.65 | 0.349 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 26.8 as stoploss in an intra day sell trade for a target of 21.93. However, stock will show a bullish move above 26.8.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 13.20 |
| Downside Target | 14.00 |
| Downside Target | 14.30 |
| Downside Target | 14.70 |
| Downside Target | 16.00 |
| Downside Target | 18.50 |
| Downside Target | 19.50 |
| Downside Target | 20.00 |
| Downside Target | 20.95 |
| Downside Target | 25.75 |
| Upside Target | 29.85 |
| Upside Target | 32.30 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 24.42 |
| Downside Intraday Target | 23.03 |
| Upside Intraday Target | 28.52 |
| Upside Intraday Target | 31.23 |
| Upside Intraday Target | 27.13 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jan 2022 | 25.80 | 26.85 | 29.85 | 25.75 | 0.079 times |
| 31 Fri Dec 2021 | 27.40 | 20.95 | 32.30 | 20.95 | 5.837 times |
| 24 Fri Dec 2021 | 20.50 | 17.85 | 21.00 | 16.00 | 1.083 times |
| 17 Fri Dec 2021 | 17.55 | 19.00 | 20.00 | 16.15 | 1.198 times |
| 10 Fri Dec 2021 | 17.50 | 16.00 | 19.50 | 14.70 | 6.515 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 |
| 05 Wed Jan 2022 | 25.80 | 26.85 | 29.85 | 25.75 | 0.054 times |
| 31 Fri Dec 2021 | 27.40 | 14.40 | 32.30 | 14.30 | 12.706 times |
| 30 Tue Nov 2021 | 15.22 | 15.08 | 16.10 | 13.32 | 0.707 times |
| 29 Fri Oct 2021 | 14.65 | 16.90 | 18.50 | 14.00 | 0.811 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 | 28, 11, 44 | Buy |
| MACD | 5, 5 | Buy |
| Stochastics | 64 | None |
| CCI | 9 | Sell |
| RSI | 66 | Buy |
| OBV | 466324 | Sell |
| VWAP | 27 | Sell |
| ADL | 0 | Sell |
| ROC | 36 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 26.92 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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