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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 2022-07-27 View latest technical analysis

10 day averaged volume of Mercantile is 2805

Date Daily Closing Price Open High Low Volume
27 Wed Jul 2022 17.75 18.80 18.80 17.35 0.405 times
26 Tue Jul 2022 17.45 19.20 19.20 17.25 0.909 times
25 Mon Jul 2022 18.40 18.50 18.50 17.85 0.132 times
22 Fri Jul 2022 18.50 17.35 19.70 16.80 0.899 times
21 Thu Jul 2022 18.00 17.55 19.30 17.30 2.218 times
20 Wed Jul 2022 18.55 17.75 18.70 17.25 0.664 times
19 Tue Jul 2022 18.45 18.70 18.70 16.90 1.517 times
18 Mon Jul 2022 17.15 16.80 18.75 16.80 1.478 times
15 Fri Jul 2022 17.10 17.50 17.75 16.65 0.363 times
14 Thu Jul 2022 17.85 17.00 17.90 16.55 0.552 times

My analysis of stock is bullish for shortterm, and stock might move up till 18.2 or till 19. Use a stoploss of 17.61 and if this stock hits its stoploss, then it can fall down till 17

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 15.30
Downside Target 15.70
Downside Target 16.05
Downside Target 16.50
Upside Target 18.70
Upside Target 19.20
Upside Target 19.60
Upside Target 19.70
Upside Target 20.25
Upside Target 21.75
Upside Target 22.75
Upside Target 23.85

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 16.93
Downside Intraday Target 16.12
Upside Intraday Target 18.88
Upside Intraday Target 20.02
Upside Intraday Target 18.07

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
27 Wed Jul 2022 17.75 18.50 19.20 17.25 0.213 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
27 Wed Jul 2022 17.75 18.50 19.70 15.70 0.875 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 14, 7, 32 Buy
MACD -0, -0Buy
Stochastics 42None
CCI 13Sell
RSI 50Sell
OBV 5818Sell
VWAP 18Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Mercantile ( (Mercantile) ) based on a short 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

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 losing 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mercantile in short term

RSI is generating a SELL signal in short term and selling is picking up 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 17.92 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.

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Daily charts

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