(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 2022-07-28 View latest technical analysis
10 day averaged volume of Mercantile is 2563
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Thu Jul 2022||18.20||19.80||19.80||17.60||2.172 times|
|27 Wed Jul 2022||17.75||18.80||18.80||17.35||0.443 times|
|26 Tue Jul 2022||17.45||19.20||19.20||17.25||0.995 times|
|25 Mon Jul 2022||18.40||18.50||18.50||17.85||0.144 times|
|22 Fri Jul 2022||18.50||17.35||19.70||16.80||0.984 times|
|21 Thu Jul 2022||18.00||17.55||19.30||17.30||2.427 times|
|20 Wed Jul 2022||18.55||17.75||18.70||17.25||0.727 times|
|19 Tue Jul 2022||18.45||18.70||18.70||16.90||1.66 times|
|18 Mon Jul 2022||17.15||16.80||18.75||16.80||1.618 times|
|15 Fri Jul 2022||17.10||17.50||17.75||16.65||0.397 times|
Stock of Mercantile (Mercantile) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 18.3 as stoploss in an intra day sell trade for a target of 17.69. However, stock will show a bullish move above 18.3.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.03|
|Downside Intraday Target||15.87|
|Upside Intraday Target||19.58|
|Upside Intraday Target||20.97|
|Upside Intraday Target||18.42|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Thu Jul 2022||18.20||18.50||19.80||17.25||0.506 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|
|28 Thu Jul 2022||18.20||18.50||19.80||15.70||0.968 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||18, 6, 47||Buy|
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term and selling is picking up 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 17.98 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 is giving positive returns over a short term period. Returns for a longer term period have been positive