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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 2022-06-16 View latest technical analysis

10 day averaged volume of Mercantile is 3832

Date Daily Closing Price Open High Low Volume
16 Thu Jun 2022 17.10 17.75 18.50 17.00 1.189 times
15 Wed Jun 2022 17.45 19.85 19.85 16.20 0.8 times
14 Tue Jun 2022 18.55 21.75 21.75 16.20 2.183 times
13 Mon Jun 2022 19.40 21.35 21.40 18.15 2.401 times
10 Fri Jun 2022 19.30 18.80 19.85 18.05 0.538 times
09 Thu Jun 2022 18.50 19.40 20.00 18.30 0.612 times
08 Wed Jun 2022 19.00 18.25 19.80 18.25 0.132 times
07 Tue Jun 2022 19.80 18.60 20.20 18.60 0.081 times
06 Mon Jun 2022 19.30 20.35 20.35 18.55 1.211 times
03 Fri Jun 2022 20.35 18.35 20.50 18.00 1.004 times

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 15.30
Downside Target 16.20
Downside Target 16.85
Upside Target 18.05
Upside Target 18.90
Upside Target 19.45
Upside Target 20.25
Upside Target 20.60
Upside Target 21.75
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 14.95
Downside Intraday Target 12.8
Upside Intraday Target 20.5
Upside Intraday Target 23.9
Upside Intraday Target 18.35

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
16 Thu Jun 2022 17.10 21.35 21.75 16.20 2.554 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mercantile (Mercantile)

Date Monthly Closing Price Open High Low Volume
16 Thu Jun 2022 17.10 20.60 21.75 16.20 0.615 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 12, 11, 2 Buy
MACD -0, -0Sell
Stochastics 27Sell
CCI -178Sell
RSI 51Buy
OBV -13241Sell
VWAP 19Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.

Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 18.81 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 negative.

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

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Daily charts

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Daily chart

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