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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 2022-01-14 View latest technical analysis

10 day averaged volume of Mercantile is 15268

Date Daily Closing Price Open High Low Volume
14 Fri Jan 2022 25.35 26.70 26.70 24.25 0.426 times
13 Thu Jan 2022 25.50 26.30 26.30 25.00 0.408 times
12 Wed Jan 2022 26.30 26.95 27.85 25.35 0.512 times
11 Tue Jan 2022 26.55 25.65 26.90 24.50 1.022 times
10 Mon Jan 2022 25.65 24.80 26.10 24.05 1.387 times
07 Fri Jan 2022 25.30 24.10 25.75 24.10 0.651 times
06 Thu Jan 2022 24.55 25.00 25.00 24.55 0.338 times
05 Wed Jan 2022 25.80 27.10 27.10 25.75 0.652 times
04 Tue Jan 2022 27.10 29.85 29.85 27.10 0.571 times
03 Mon Jan 2022 28.50 26.85 29.70 25.80 1.413 times

My analysis of stock is bullish for shortterm, and stock might move up till 28.5 or till 32.9. Use a stoploss of 24.72 and if this stock hits its stoploss, then it can fall down till 20.98

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 27.85
Upside Target 29.85
Upside Target 32.30

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 23.65
Downside Intraday Target 21.95
Upside Intraday Target 27.45
Upside Intraday Target 29.55
Upside Intraday Target 25.75

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
14 Fri Jan 2022 25.35 24.80 27.85 24.05 1.035 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
14 Fri Jan 2022 25.35 26.85 29.85 24.05 0.15 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 25, 14, 28 Buy
MACD 4, 4Sell
Stochastics 26Sell
CCI -48Sell
RSI 64Buy
OBV 405222Sell
VWAP 26Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 SELL signal for Mercantile in short term but the sell signal is initial and weak.

Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 26.38 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.

Mercantile Stock has given negative 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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Daily chart

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