(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 2022-01-10 View latest technical analysis
10 day averaged volume of Mercantile is 56294
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jan 2022 | 25.65 | 24.80 | 26.10 | 24.05 | 0.376 times |
| 07 Fri Jan 2022 | 25.30 | 24.10 | 25.75 | 24.10 | 0.177 times |
| 06 Thu Jan 2022 | 24.55 | 25.00 | 25.00 | 24.55 | 0.092 times |
| 05 Wed Jan 2022 | 25.80 | 27.10 | 27.10 | 25.75 | 0.177 times |
| 04 Tue Jan 2022 | 27.10 | 29.85 | 29.85 | 27.10 | 0.155 times |
| 03 Mon Jan 2022 | 28.50 | 26.85 | 29.70 | 25.80 | 0.383 times |
| 31 Fri Dec 2021 | 27.40 | 27.50 | 29.70 | 25.20 | 0.826 times |
| 30 Thu Dec 2021 | 27.55 | 31.70 | 31.70 | 27.50 | 0.954 times |
| 29 Wed Dec 2021 | 30.55 | 30.70 | 32.30 | 27.00 | 1.311 times |
| 28 Tue Dec 2021 | 29.50 | 25.45 | 29.50 | 22.25 | 2.485 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 27.6 as stoploss in an intra day sell trade for a target of 23.13. However, stock will show a bullish move above 27.6.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 13.20 |
| Downside Target | 14.00 |
| Downside Target | 14.30 |
| Downside Target | 16.00 |
| Downside Target | 18.50 |
| Downside Target | 20.00 |
| Downside Target | 20.95 |
| Downside Target | 24.05 |
| Downside Target | 24.10 |
| Upside Target | 26.10 |
| Upside Target | 29.85 |
| Upside Target | 32.30 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 24.43 |
| Downside Intraday Target | 23.22 |
| Upside Intraday Target | 26.48 |
| Upside Intraday Target | 27.32 |
| Downside Intraday Target | 25.27 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jan 2022 | 25.65 | 24.80 | 26.10 | 24.05 | 0.382 times |
| 07 Fri Jan 2022 | 25.30 | 26.85 | 29.85 | 24.10 | 0.109 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 |
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 |
| 10 Mon Jan 2022 | 25.65 | 26.85 | 29.85 | 24.05 | 0.102 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, 13, 36 | Buy |
| MACD | 4, 5 | Sell |
| Stochastics | 38 | None |
| CCI | -85 | Buy |
| RSI | 61 | Buy |
| OBV | 441781 | Sell |
| VWAP | 29 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | 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 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 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 gaining momentum.
MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.
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. Bears 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 but BUY signal is weak.
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 28.6 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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