(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, -0 | Sell |
| Stochastics | 27 | Sell |
| CCI | -178 | Sell |
| RSI | 51 | Buy |
| OBV | -13241 | Sell |
| VWAP | 19 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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.
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