(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 2022-06-10 View latest technical analysis
10 day averaged volume of Mercantile is 2782
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Fri Jun 2022||19.30||18.80||19.85||18.05||0.742 times|
|09 Thu Jun 2022||18.50||19.40||20.00||18.30||0.843 times|
|08 Wed Jun 2022||19.00||18.25||19.80||18.25||0.182 times|
|07 Tue Jun 2022||19.80||18.60||20.20||18.60||0.111 times|
|06 Mon Jun 2022||19.30||20.35||20.35||18.55||1.668 times|
|03 Fri Jun 2022||20.35||18.35||20.50||18.00||1.383 times|
|02 Thu Jun 2022||19.10||17.60||20.00||17.60||1.43 times|
|01 Wed Jun 2022||19.10||20.60||20.60||17.60||0.647 times|
|31 Tue May 2022||18.90||19.25||19.25||16.85||0.782 times|
|30 Mon May 2022||17.70||17.35||18.50||17.35||1.132 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.4 as stoploss in an intra day sell trade for a target of 18.26. However, stock will show a bullish move above 19.4.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||18.12|
|Downside Intraday Target||16.93|
|Upside Intraday Target||20.42|
|Upside Intraday Target||21.53|
|Downside Intraday Target||19.23|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Fri Jun 2022||19.30||20.35||20.35||18.05||0.66 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|
|10 Fri Jun 2022||19.30||20.60||20.60||17.60||0.268 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 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||13, 9, 20||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 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 losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term and BUY 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 19.1 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.