(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)
10 day averaged volume of Mercantile is 7818
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 22.08 | 22.50 | 22.50 | 21.63 | 0.6 times |
| 28 Thu Sep 2023 | 22.03 | 22.65 | 22.65 | 21.60 | 0.323 times |
| 27 Wed Sep 2023 | 21.81 | 22.99 | 22.99 | 21.45 | 0.479 times |
| 26 Tue Sep 2023 | 22.26 | 22.30 | 22.98 | 21.74 | 0.282 times |
| 25 Mon Sep 2023 | 22.27 | 21.85 | 22.85 | 21.64 | 0.982 times |
| 22 Fri Sep 2023 | 21.88 | 21.45 | 22.55 | 21.45 | 1.417 times |
| 21 Thu Sep 2023 | 22.44 | 22.35 | 22.50 | 21.40 | 2.018 times |
| 20 Wed Sep 2023 | 21.92 | 22.95 | 22.95 | 21.50 | 0.437 times |
| 18 Mon Sep 2023 | 21.84 | 23.70 | 23.70 | 21.14 | 1.41 times |
| 15 Fri Sep 2023 | 21.62 | 21.99 | 21.99 | 21.50 | 0.959 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.7 or till 21. Use a stoploss of 22.22 and if the stock hits stoploss, then it can shoot up till 22.78
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 16.00 |
| Downside Target | 17.12 |
| Downside Target | 18.00 |
| Downside Target | 18.95 |
| Downside Target | 20.40 |
| Downside Target | 20.98 |
| Upside Target | 22.98 |
| Upside Target | 23.44 |
| Upside Target | 23.70 |
| Upside Target | 24.99 |
| Upside Target | 25.60 |
| Upside Target | 27.20 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 21.36 |
| Downside Intraday Target | 20.63 |
| Upside Intraday Target | 22.9 |
| Upside Intraday Target | 23.71 |
| Upside Intraday Target | 22.17 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Sep 2023 | 22.08 | 21.85 | 22.99 | 21.45 | 0.505 times |
| 22 Fri Sep 2023 | 21.88 | 23.70 | 23.70 | 21.14 | 0.964 times |
| 15 Fri Sep 2023 | 21.62 | 22.70 | 22.98 | 20.40 | 1.02 times |
| 08 Fri Sep 2023 | 22.64 | 23.07 | 24.99 | 21.76 | 0.539 times |
| 01 Fri Sep 2023 | 23.23 | 21.51 | 25.60 | 21.50 | 0.24 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 |
| 29 Fri Sep 2023 | 22.08 | 23.67 | 24.99 | 20.40 | 0.331 times |
| 31 Thu Aug 2023 | 23.67 | 19.75 | 27.20 | 18.00 | 1.956 times |
| 31 Mon Jul 2023 | 19.36 | 19.52 | 23.44 | 17.12 | 1.177 times |
| 30 Fri Jun 2023 | 19.00 | 16.60 | 20.98 | 16.20 | 1.697 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)
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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term but the sell 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 and SELL 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 22.04 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
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term but the sell 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 and SELL 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 22.04 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
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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