(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 2022-08-17 View latest technical analysis
10 day averaged volume of Mercantile is 2364
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Wed Aug 2022||17.95||17.65||18.30||17.35||0.685 times|
|16 Tue Aug 2022||17.65||17.65||18.30||17.30||2.823 times|
|12 Fri Aug 2022||18.30||18.45||18.45||17.55||0.823 times|
|11 Thu Aug 2022||18.40||18.75||18.75||17.70||0.522 times|
|10 Wed Aug 2022||17.75||18.20||18.60||17.70||0.876 times|
|08 Mon Aug 2022||18.05||17.65||18.80||17.65||0.082 times|
|05 Fri Aug 2022||18.45||17.55||18.70||17.55||0.379 times|
|04 Thu Aug 2022||18.00||18.00||18.00||17.70||0.253 times|
|03 Wed Aug 2022||18.70||20.90||20.90||17.55||1.615 times|
|02 Tue Aug 2022||18.10||17.50||18.40||17.50||1.204 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.8 as stoploss in an intra day buy trade for a target of 18.12. However, stock will show a bearish move below 17.8.
Share price targets for Mercantile (Mercantile)
Intraday share price targets for Mercantile (Mercantile)
|Downside Intraday Target||17.4|
|Downside Intraday Target||16.85|
|Upside Intraday Target||18.4|
|Upside Intraday Target||18.85|
|Downside Intraday Target||17.85|
Weekly technical analysis of Mercantile (Mercantile)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Wed Aug 2022||17.95||17.65||18.30||17.30||1.523 times|
|12 Fri Aug 2022||18.30||17.65||18.80||17.55||0.473 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|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Wed Aug 2022||17.95||18.50||20.90||17.30||0.393 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||20, 5, 60||Buy|
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Mercantile in short term and the sell 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 moving up
CCI has generated a buy signal for Mercantile in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 18.07 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.