(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 2022-06-20 View latest technical analysis
10 day averaged volume of Mercantile is 3552
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Jun 2022 | 17.10 | 20.80 | 20.80 | 17.00 | 0.391 times |
| 17 Fri Jun 2022 | 18.20 | 18.40 | 18.90 | 16.15 | 0.131 times |
| 16 Thu Jun 2022 | 17.10 | 17.75 | 18.50 | 17.00 | 1.282 times |
| 15 Wed Jun 2022 | 17.45 | 19.85 | 19.85 | 16.20 | 0.863 times |
| 14 Tue Jun 2022 | 18.55 | 21.75 | 21.75 | 16.20 | 2.356 times |
| 13 Mon Jun 2022 | 19.40 | 21.35 | 21.40 | 18.15 | 2.591 times |
| 10 Fri Jun 2022 | 19.30 | 18.80 | 19.85 | 18.05 | 0.581 times |
| 09 Thu Jun 2022 | 18.50 | 19.40 | 20.00 | 18.30 | 0.66 times |
| 08 Wed Jun 2022 | 19.00 | 18.25 | 19.80 | 18.25 | 0.142 times |
| 07 Tue Jun 2022 | 19.80 | 18.60 | 20.20 | 18.60 | 0.087 times |
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 15.30 |
| Downside Target | 16.15 |
| Downside Target | 16.85 |
| Upside Target | 18.05 |
| Upside Target | 18.90 |
| Upside Target | 20.25 |
| Upside Target | 20.60 |
| Upside Target | 20.80 |
| 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 | 15.8 |
| Downside Intraday Target | 14.5 |
| Upside Intraday Target | 19.6 |
| Upside Intraday Target | 22.1 |
| Upside Intraday Target | 18.3 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Jun 2022 | 17.10 | 20.80 | 20.80 | 17.00 | 0.054 times |
| 17 Fri Jun 2022 | 18.20 | 21.35 | 21.75 | 16.15 | 2.601 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 |
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 |
| 20 Mon Jun 2022 | 17.10 | 20.60 | 21.75 | 16.15 | 0.61 times |
| 31 Tue May 2022 | 18.90 | 22.75 | 22.75 | 15.30 | 0.754 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 | 16, 12, 15 | Buy |
| MACD | -1, -0 | Sell |
| Stochastics | 23 | Sell |
| CCI | -36 | Buy |
| RSI | 51 | Buy |
| OBV | -11228 | Sell |
| VWAP | 18 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 buy signal for Mercantile in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 18.48 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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