(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 2022-07-26 View latest technical analysis
10 day averaged volume of Mercantile is 2758
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||17.45||19.20||19.20||17.25||0.924 times|
|25 Mon Jul 2022||18.40||18.50||18.50||17.85||0.134 times|
|22 Fri Jul 2022||18.50||17.35||19.70||16.80||0.915 times|
|21 Thu Jul 2022||18.00||17.55||19.30||17.30||2.256 times|
|20 Wed Jul 2022||18.55||17.75||18.70||17.25||0.675 times|
|19 Tue Jul 2022||18.45||18.70||18.70||16.90||1.543 times|
|18 Mon Jul 2022||17.15||16.80||18.75||16.80||1.503 times|
|15 Fri Jul 2022||17.10||17.50||17.75||16.65||0.369 times|
|14 Thu Jul 2022||17.85||17.00||17.90||16.55||0.562 times|
|13 Wed Jul 2022||17.00||17.25||18.20||16.50||1.291 times|
My analysis of stock is bearish for shortterm, and stock might move down till 16.9 or till 16.1. Use a stoploss of 17.55 and if the stock hits stoploss, then it can shoot up till 18.19
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||16.73|
|Downside Intraday Target||16.02|
|Upside Intraday Target||18.68|
|Upside Intraday Target||19.92|
|Upside Intraday Target||17.97|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||17.45||18.50||19.20||17.25||0.154 times|
|22 Fri Jul 2022||18.50||16.80||19.70||16.80||1.192 times|
|15 Fri Jul 2022||17.10||17.50||19.70||16.50||1.333 times|
|08 Fri Jul 2022||17.05||17.50||18.70||16.15||1.255 times|
|01 Fri Jul 2022||17.00||17.05||19.60||15.70||1.345 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|
|26 Tue Jul 2022||17.45||18.50||19.70||15.70||0.856 times|
|30 Thu Jun 2022||16.60||20.60||21.75||16.05||0.827 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|
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||15, 7, 33||Buy|
Price action analysis of Mercantile ( (Mercantile) ) based on a short 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 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 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
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 but the buy signal is initial and weak.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 17.81 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.