(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 2022-01-18 View latest technical analysis
10 day averaged volume of Mercantile is 10058
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Tue Jan 2022||25.20||26.45||26.45||24.65||0.441 times|
|17 Mon Jan 2022||25.90||24.85||26.60||24.10||0.942 times|
|14 Fri Jan 2022||25.35||26.70||26.70||24.25||0.647 times|
|13 Thu Jan 2022||25.50||26.30||26.30||25.00||0.619 times|
|12 Wed Jan 2022||26.30||26.95||27.85||25.35||0.777 times|
|11 Tue Jan 2022||26.55||25.65||26.90||24.50||1.552 times|
|10 Mon Jan 2022||25.65||24.80||26.10||24.05||2.105 times|
|07 Fri Jan 2022||25.30||24.10||25.75||24.10||0.989 times|
|06 Thu Jan 2022||24.55||25.00||25.00||24.55||0.513 times|
|05 Wed Jan 2022||25.80||27.10||27.10||25.75||0.99 times|
My analysis of stock is bearish for shortterm, and stock might move down till 22.6 or till 19. Use a stoploss of 25.5 and if the stock hits stoploss, then it can shoot up till 28.44
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||24|
|Downside Intraday Target||22.8|
|Upside Intraday Target||26.5|
|Upside Intraday Target||27.8|
|Upside Intraday Target||25.3|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Tue Jan 2022||25.20||24.85||26.60||24.10||0.243 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 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|
|18 Tue Jan 2022||25.20||26.85||29.85||24.05||0.169 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||20, 12, 25||Buy|
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 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 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 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 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 25.74 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