(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 2022-06-22 View latest technical analysis
10 day averaged volume of Mercantile is 3236
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Wed Jun 2022||18.90||19.90||19.90||16.85||0.49 times|
|21 Tue Jun 2022||16.85||19.00||19.50||16.80||0.126 times|
|20 Mon Jun 2022||17.10||20.80||20.80||17.00||0.43 times|
|17 Fri Jun 2022||18.20||18.40||18.90||16.15||0.144 times|
|16 Thu Jun 2022||17.10||17.75||18.50||17.00||1.408 times|
|15 Wed Jun 2022||17.45||19.85||19.85||16.20||0.947 times|
|14 Tue Jun 2022||18.55||21.75||21.75||16.20||2.586 times|
|13 Mon Jun 2022||19.40||21.35||21.40||18.15||2.844 times|
|10 Fri Jun 2022||19.30||18.80||19.85||18.05||0.638 times|
|09 Thu Jun 2022||18.50||19.40||20.00||18.30||0.725 times|
My analysis of stock is bullish for shortterm, and stock might move up till 19.5 or till 20.8. Use a stoploss of 18.38 and if this stock hits its stoploss, then it can fall down till 17.26
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||16.87|
|Downside Intraday Target||14.83|
|Upside Intraday Target||20.87|
|Upside Intraday Target||22.83|
|Downside Intraday Target||18.83|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Wed Jun 2022||18.90||20.80||20.80||16.80||0.132 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 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|
|22 Wed Jun 2022||18.90||20.60||21.75||16.15||0.637 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||14, 10, 17||Buy|
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 18.46 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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.