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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 2022-06-13 View latest technical analysis

10 day averaged volume of Mercantile is 2481

Date Daily Closing Price Open High Low Volume
13 Mon Jun 2022 19.40 21.35 21.40 18.15 3.709 times
10 Fri Jun 2022 19.30 18.80 19.85 18.05 0.832 times
09 Thu Jun 2022 18.50 19.40 20.00 18.30 0.945 times
08 Wed Jun 2022 19.00 18.25 19.80 18.25 0.204 times
07 Tue Jun 2022 19.80 18.60 20.20 18.60 0.125 times
06 Mon Jun 2022 19.30 20.35 20.35 18.55 1.87 times
03 Fri Jun 2022 20.35 18.35 20.50 18.00 1.551 times
02 Thu Jun 2022 19.10 17.60 20.00 17.60 1.604 times
01 Wed Jun 2022 19.10 20.60 20.60 17.60 0.726 times
31 Tue May 2022 18.90 19.25 19.25 16.85 0.877 times

Stock of Mercantile (Mercantile) has showed a significant upmove. This could be a good time to enter in this stock!

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 15.30
Downside Target 16.85
Downside Target 17.60
Downside Target 18.05
Downside Target 18.90
Upside Target 19.45
Upside Target 20.25
Upside Target 20.60
Upside Target 21.40
Upside Target 22.75
Upside Target 23.85
Upside Target 24.70

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 17.9
Downside Intraday Target 16.4
Upside Intraday Target 21.15
Upside Intraday Target 22.9
Upside Intraday Target 19.65

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
13 Mon Jun 2022 19.40 21.35 21.40 18.15 0.933 times
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

Price has moved up 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
13 Mon Jun 2022 19.40 20.60 21.40 17.60 0.395 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 19, 7, 43 Buy
MACD 0, -0Buy
Stochastics 56None
CCI 104Buy
RSI 52Buy
OBV 3194Sell
VWAP 19Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 and the buy signal is strong.

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 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 19.33 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.

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Daily charts

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Daily chart

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