(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 2023-01-12 View latest technical analysis
10 day averaged volume of Mercantile is 4170
Date | Daily Closing Price | Open | High | Low | Volume |
12 Thu Jan 2023 | 18.60 | 19.45 | 19.45 | 18.00 | 3.445 times |
11 Wed Jan 2023 | 18.00 | 18.65 | 18.80 | 18.00 | 1.058 times |
10 Tue Jan 2023 | 18.30 | 17.85 | 18.40 | 17.70 | 0.817 times |
09 Mon Jan 2023 | 18.50 | 18.20 | 18.65 | 17.70 | 2.308 times |
06 Fri Jan 2023 | 18.20 | 18.45 | 18.45 | 17.55 | 0.428 times |
05 Thu Jan 2023 | 17.75 | 18.40 | 18.40 | 17.55 | 0.215 times |
04 Wed Jan 2023 | 17.75 | 18.10 | 18.40 | 17.60 | 0.123 times |
03 Tue Jan 2023 | 18.10 | 17.50 | 18.20 | 17.50 | 0.44 times |
02 Mon Jan 2023 | 17.45 | 18.30 | 18.45 | 17.25 | 3.151 times |
30 Fri Dec 2022 | 17.75 | 17.50 | 18.80 | 17.50 | 0.577 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 18.9 as stoploss in an intra day sell trade for a target of 18.28. However, stock will show a bullish move above 18.9.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 16.25 |
Downside Target | 17.15 |
Downside Target | 18.35 |
Upside Target | 19.45 |
Upside Target | 20.00 |
Upside Target | 20.80 |
Upside Target | 21.20 |
Upside Target | 22.75 |
Upside Target | 23.70 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 17.72 |
Downside Intraday Target | 16.83 |
Upside Intraday Target | 19.47 |
Upside Intraday Target | 20.33 |
Downside Intraday Target | 18.58 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Thu Jan 2023 | 18.60 | 18.20 | 19.45 | 17.70 | 1.751 times |
06 Fri Jan 2023 | 18.20 | 18.30 | 18.45 | 17.25 | 0.799 times |
30 Fri Dec 2022 | 17.75 | 18.70 | 18.80 | 17.15 | 1.321 times |
23 Fri Dec 2022 | 17.10 | 19.20 | 20.80 | 16.25 | 1.132 times |
16 Fri Dec 2022 | 19.20 | 19.85 | 20.00 | 18.35 | 1.104 times |
Price has moved up 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 |
12 Thu Jan 2023 | 18.60 | 18.30 | 19.45 | 17.25 | 0.675 times |
30 Fri Dec 2022 | 17.75 | 18.90 | 20.80 | 16.25 | 0.768 times |
30 Wed Nov 2022 | 19.05 | 20.15 | 21.20 | 17.25 | 1.616 times |
31 Mon Oct 2022 | 19.25 | 21.00 | 23.70 | 17.65 | 0.428 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)
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak 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. Bulls are getting tired and bears are picking up momentum.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 18.13 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 negative.
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak 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. Bulls are getting tired and bears are picking up momentum.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 18.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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