(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 2022-08-05 View latest technical analysis
10 day averaged volume of Mercantile is 2892
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||18.45||17.55||18.70||17.55||0.31 times|
|04 Thu Aug 2022||18.00||18.00||18.00||17.70||0.207 times|
|03 Wed Aug 2022||18.70||20.90||20.90||17.55||1.32 times|
|02 Tue Aug 2022||18.10||17.50||18.40||17.50||0.984 times|
|01 Mon Aug 2022||17.50||18.50||19.25||17.40||1.162 times|
|29 Fri Jul 2022||18.20||18.65||18.65||17.60||2.128 times|
|28 Thu Jul 2022||18.20||19.80||19.80||17.60||1.925 times|
|27 Wed Jul 2022||17.75||18.80||18.80||17.35||0.392 times|
|26 Tue Jul 2022||17.45||19.20||19.20||17.25||0.881 times|
|25 Mon Jul 2022||18.40||18.50||18.50||17.85||0.128 times|
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 18.5 as stoploss in an intra day sell trade for a target of 17.97. However, stock will show a bullish move above 18.5.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||16.93|
|Downside Intraday Target||15.42|
|Upside Intraday Target||20.43|
|Upside Intraday Target||22.42|
|Upside Intraday Target||18.92|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Fri Aug 2022||18.45||18.50||20.90||17.40||0.73 times|
|29 Fri Jul 2022||18.20||18.50||19.80||17.25||0.83 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|
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|
|05 Fri Aug 2022||18.45||18.50||20.90||17.40||0.179 times|
|29 Fri Jul 2022||18.20||18.50||19.80||15.70||1.07 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|
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||28, 3, 78||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
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 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.
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 and the buy signal is strong.
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 green color and prices are in or below the green 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 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 18.09 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.