(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 2022-08-08 View latest technical analysis
10 day averaged volume of Mercantile is 2729
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||18.05||17.65||18.80||17.65||0.071 times|
|05 Fri Aug 2022||18.45||17.55||18.70||17.55||0.328 times|
|04 Thu Aug 2022||18.00||18.00||18.00||17.70||0.219 times|
|03 Wed Aug 2022||18.70||20.90||20.90||17.55||1.399 times|
|02 Tue Aug 2022||18.10||17.50||18.40||17.50||1.043 times|
|01 Mon Aug 2022||17.50||18.50||19.25||17.40||1.232 times|
|29 Fri Jul 2022||18.20||18.65||18.65||17.60||2.255 times|
|28 Thu Jul 2022||18.20||19.80||19.80||17.60||2.04 times|
|27 Wed Jul 2022||17.75||18.80||18.80||17.35||0.416 times|
|26 Tue Jul 2022||17.45||19.20||19.20||17.25||0.934 times|
My analysis of stock is bullish for shortterm, and stock might move up till 18.4 or till 19. Use a stoploss of 17.95 and if this stock hits its stoploss, then it can fall down till 17.45
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.53|
|Downside Intraday Target||17.02|
|Upside Intraday Target||18.68|
|Upside Intraday Target||19.32|
|Upside Intraday Target||18.17|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||18.05||17.65||18.80||17.65||0.017 times|
|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|
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|
|08 Mon Aug 2022||18.05||18.50||20.90||17.40||0.182 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 down 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||27, 3, 80||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
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.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.