(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)
Intraday share price targets for Mercantile (Mercantile)
|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|
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.