(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 2022-05-02 View latest technical analysis
10 day averaged volume of Mercantile is 5876
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 20.50 | 22.75 | 22.75 | 19.00 | 1.353 times |
| 29 Fri Apr 2022 | 21.00 | 21.35 | 23.85 | 20.30 | 0.77 times |
| 28 Thu Apr 2022 | 21.75 | 20.85 | 22.00 | 19.80 | 1.788 times |
| 27 Wed Apr 2022 | 20.00 | 21.55 | 21.55 | 19.60 | 0.412 times |
| 26 Tue Apr 2022 | 21.45 | 21.85 | 22.70 | 21.00 | 0.67 times |
| 25 Mon Apr 2022 | 22.75 | 23.00 | 23.75 | 21.20 | 0.83 times |
| 22 Fri Apr 2022 | 22.45 | 22.90 | 22.90 | 20.55 | 0.841 times |
| 21 Thu Apr 2022 | 21.95 | 22.35 | 22.35 | 20.55 | 1.3 times |
| 20 Wed Apr 2022 | 21.50 | 21.50 | 21.75 | 20.10 | 2.055 times |
| 19 Tue Apr 2022 | 19.90 | 20.00 | 21.00 | 19.30 | 0.896 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.8 or till 23.4. Use a stoploss of 20.48 and if this stock hits its stoploss, then it can fall down till 19.17
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 16.90 |
| Downside Target | 19.00 |
| Downside Target | 20.25 |
| Upside Target | 21.10 |
| Upside Target | 22.00 |
| Upside Target | 22.75 |
| Upside Target | 22.90 |
| Upside Target | 23.20 |
| Upside Target | 23.85 |
| Upside Target | 24.70 |
| Upside Target | 29.85 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 18.75 |
| Downside Intraday Target | 17 |
| Upside Intraday Target | 22.5 |
| Upside Intraday Target | 24.5 |
| Upside Intraday Target | 20.75 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 20.50 | 22.75 | 22.75 | 19.00 | 0.303 times |
| 29 Fri Apr 2022 | 21.00 | 23.00 | 23.85 | 19.60 | 0.808 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 |
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 |
| 02 Mon May 2022 | 20.50 | 22.75 | 22.75 | 19.00 | 0.079 times |
| 29 Fri Apr 2022 | 21.00 | 18.65 | 23.85 | 17.20 | 1.258 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 |
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 | 21, 14, 19 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 42 | None |
| CCI | -61 | Sell |
| RSI | 53 | Buy |
| OBV | 40910 | Sell |
| VWAP | 21 | Sell |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 21.41 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 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.
Click here for Mercantile charts
Click here for further forecast and predictions for tomorrow