(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 2022-06-09 View latest technical analysis
10 day averaged volume of Mercantile is 3141
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Thu Jun 2022||18.50||19.40||20.00||18.30||0.747 times|
|08 Wed Jun 2022||19.00||18.25||19.80||18.25||0.161 times|
|07 Tue Jun 2022||19.80||18.60||20.20||18.60||0.098 times|
|06 Mon Jun 2022||19.30||20.35||20.35||18.55||1.477 times|
|03 Fri Jun 2022||20.35||18.35||20.50||18.00||1.225 times|
|02 Thu Jun 2022||19.10||17.60||20.00||17.60||1.267 times|
|01 Wed Jun 2022||19.10||20.60||20.60||17.60||0.573 times|
|31 Tue May 2022||18.90||19.25||19.25||16.85||0.692 times|
|30 Mon May 2022||17.70||17.35||18.50||17.35||1.003 times|
|27 Fri May 2022||16.85||17.65||17.70||16.60||1.613 times|
My analysis of stock is bullish for shortterm, and stock might move up till 19.3 or till 20.7. Use a stoploss of 18.21 and if this stock hits its stoploss, then it can fall down till 17.07
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.72|
|Downside Intraday Target||16.93|
|Upside Intraday Target||19.82|
|Upside Intraday Target||21.13|
|Upside Intraday Target||19.03|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Thu Jun 2022||18.50||20.35||20.35||18.25||0.522 times|
|03 Fri Jun 2022||20.35||17.35||20.60||16.85||0.614 times|
|27 Fri May 2022||16.85||18.90||18.90||15.30||2.051 times|
|20 Fri May 2022||17.80||18.10||19.45||15.55||0.71 times|
|13 Fri May 2022||18.30||20.15||20.70||16.75||1.158 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|
|09 Thu Jun 2022||18.50||20.60||20.60||17.60||0.24 times|
|31 Tue May 2022||18.90||22.75||22.75||15.30||0.719 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|
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||15, 8, 28||Buy|
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Mercantile in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 18.68 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.