(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 2022-01-17 View latest technical analysis
10 day averaged volume of Mercantile is 11269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 25.90 | 24.85 | 26.60 | 24.10 | 0.84 times |
| 14 Fri Jan 2022 | 25.35 | 26.70 | 26.70 | 24.25 | 0.578 times |
| 13 Thu Jan 2022 | 25.50 | 26.30 | 26.30 | 25.00 | 0.552 times |
| 12 Wed Jan 2022 | 26.30 | 26.95 | 27.85 | 25.35 | 0.693 times |
| 11 Tue Jan 2022 | 26.55 | 25.65 | 26.90 | 24.50 | 1.385 times |
| 10 Mon Jan 2022 | 25.65 | 24.80 | 26.10 | 24.05 | 1.879 times |
| 07 Fri Jan 2022 | 25.30 | 24.10 | 25.75 | 24.10 | 0.882 times |
| 06 Thu Jan 2022 | 24.55 | 25.00 | 25.00 | 24.55 | 0.458 times |
| 05 Wed Jan 2022 | 25.80 | 27.10 | 27.10 | 25.75 | 0.884 times |
| 04 Tue Jan 2022 | 27.10 | 29.85 | 29.85 | 27.10 | 0.774 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.5 or till 32.5. Use a stoploss of 25.14 and if this stock hits its stoploss, then it can fall down till 21.79
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 | 20.95 |
| Downside Target | 24.05 |
| Upside Target | 26.60 |
| 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 | 24.47 |
| Downside Intraday Target | 23.03 |
| Upside Intraday Target | 26.97 |
| Upside Intraday Target | 28.03 |
| Downside Intraday Target | 25.53 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jan 2022 | 25.90 | 24.85 | 26.60 | 24.10 | 0.165 times |
| 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 |
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 |
| 17 Mon Jan 2022 | 25.90 | 26.85 | 29.85 | 24.05 | 0.163 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 | 22, 13, 26 | Buy |
| MACD | 4, 4 | Sell |
| Stochastics | 26 | Sell |
| CCI | -29 | Buy |
| RSI | 63 | Buy |
| OBV | 422730 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 weakening, and bulls are picking up momentum!
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 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 25.88 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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