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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 2022-04-27 View latest technical analysis

10 day averaged volume of Mercantile is 5668

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 20.00 21.55 21.55 19.60 0.427 times
26 Tue Apr 2022 21.45 21.85 22.70 21.00 0.694 times
25 Mon Apr 2022 22.75 23.00 23.75 21.20 0.861 times
22 Fri Apr 2022 22.45 22.90 22.90 20.55 0.871 times
21 Thu Apr 2022 21.95 22.35 22.35 20.55 1.348 times
20 Wed Apr 2022 21.50 21.50 21.75 20.10 2.13 times
19 Tue Apr 2022 19.90 20.00 21.00 19.30 0.929 times
18 Mon Apr 2022 19.35 20.75 20.75 19.20 0.455 times
13 Wed Apr 2022 20.30 21.65 21.65 20.00 0.917 times
12 Tue Apr 2022 19.75 22.00 22.70 19.40 0.664 times

My analysis of stock is bullish for shortterm, and stock might move up till 21.6 or till 23.4. Use a stoploss of 19.98 and if this stock hits its stoploss, then it can fall down till 18.41

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 14.30
Downside Target 16.90
Downside Target 18.75
Downside Target 19.20
Upside Target 20.25
Upside Target 21.10
Upside Target 22.00
Upside Target 22.90
Upside Target 23.20
Upside Target 23.75
Upside Target 24.70
Upside Target 29.85
Upside Target 32.30

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 18.48
Downside Intraday Target 16.97
Upside Intraday Target 22.63
Upside Intraday Target 25.27
Upside Intraday Target 21.12

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 20.00 23.00 23.75 19.60 0.346 times
22 Fri Apr 2022 22.45 20.75 22.90 19.20 2.114 times
13 Wed Apr 2022 20.30 23.20 23.20 19.40 0.624 times
08 Fri Apr 2022 21.25 17.90 22.00 17.50 2.38 times
01 Fri Apr 2022 17.90 17.60 18.75 17.05 0.505 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
27 Wed Apr 2022 20.00 18.65 23.75 17.20 1.071 times
31 Thu Mar 2022 17.90 19.55 20.25 16.90 1.189 times
28 Mon Feb 2022 18.95 22.65 24.70 17.25 0.424 times
31 Mon Jan 2022 21.60 26.85 29.85 21.10 0.213 times

Scroll below to view daily charts

Price has moved up 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 19, 14, 16 Buy
MACD 1, 1Buy
Stochastics 49None
CCI -59Sell
RSI 48Sell
OBV 38689Sell
VWAP 21Sell
ADL 0Sell
ROC -6Sell
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 21.19 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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