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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 2022-01-06 View latest technical analysis

10 day averaged volume of Mercantile is 58427

Date Daily Closing Price Open High Low Volume
06 Thu Jan 2022 24.55 25.00 25.00 24.55 0.088 times
05 Wed Jan 2022 25.80 27.10 27.10 25.75 0.17 times
04 Tue Jan 2022 27.10 29.85 29.85 27.10 0.149 times
03 Mon Jan 2022 28.50 26.85 29.70 25.80 0.369 times
31 Fri Dec 2021 27.40 27.50 29.70 25.20 0.796 times
30 Thu Dec 2021 27.55 31.70 31.70 27.50 0.919 times
29 Wed Dec 2021 30.55 30.70 32.30 27.00 1.264 times
28 Tue Dec 2021 29.50 25.45 29.50 22.25 2.394 times
27 Mon Dec 2021 24.60 20.95 24.60 20.95 3.314 times
24 Fri Dec 2021 20.50 21.00 21.00 19.00 0.259 times

My analysis of stock is bullish for shortterm, and stock might move up till 27 or till 32.7. Use a stoploss of 22.34 and if this stock hits its stoploss, then it can fall down till 17.63

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 24.55
Upside Target 29.85
Upside Target 32.30

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 22.78
Downside Intraday Target 21.02
Upside Intraday Target 28.08
Upside Intraday Target 31.62
Upside Intraday Target 26.32

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
06 Thu Jan 2022 24.55 26.85 29.85 24.55 0.089 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
06 Thu Jan 2022 24.55 26.85 29.85 24.55 0.061 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 27, 15, 29 Buy
MACD 5, 5Buy
Stochastics 53None
CCI -51Sell
RSI 64Buy
OBV 461163Sell
VWAP 27Sell
ADL 0Sell
ROC 28Buy
Force Index 0Sell

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 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 27.19 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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Daily charts

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