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(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 7411

Date Daily Closing Price Open High Low Volume
03 Thu Oct 2024 25.15 26.49 26.49 24.51 0.604 times
01 Tue Oct 2024 25.50 25.20 25.89 24.52 0.129 times
30 Mon Sep 2024 25.20 25.99 25.99 25.00 0.57 times
27 Fri Sep 2024 25.41 26.20 26.20 24.70 1.187 times
26 Thu Sep 2024 25.97 25.10 26.43 25.10 0.289 times
25 Wed Sep 2024 25.20 26.47 26.47 25.01 0.777 times
24 Tue Sep 2024 25.63 25.73 25.73 24.36 0.193 times
23 Mon Sep 2024 24.92 25.99 25.99 24.50 0.671 times
20 Fri Sep 2024 24.94 24.85 26.05 23.71 1.365 times
19 Thu Sep 2024 24.85 25.75 26.49 24.50 1.393 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 25.1 as stoploss in an intra day buy trade for a target of 25.47. However, stock will show a bearish move below 25.1.

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.09
Downside Target 23.71
Upside Target 26.47
Upside Target 26.49
Upside Target 26.73
Upside Target 26.88
Upside Target 27.89
Upside Target 29.20
Upside Target 30.70
Upside Target 33.65

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 24.28
Downside Intraday Target 23.4
Upside Intraday Target 26.26
Upside Intraday Target 27.36
Upside Intraday Target 25.38

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
03 Thu Oct 2024 25.15 25.99 26.49 24.51 0.418 times
27 Fri Sep 2024 25.41 25.99 26.47 24.36 0.453 times
20 Fri Sep 2024 24.94 24.61 26.88 23.71 1.889 times
13 Fri Sep 2024 25.08 25.30 26.73 25.00 1.201 times
06 Fri Sep 2024 25.71 27.89 27.89 25.25 0.803 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
03 Thu Oct 2024 25.15 25.20 26.49 24.51 0.043 times
30 Mon Sep 2024 25.20 27.89 27.89 23.71 0.92 times
30 Fri Aug 2024 26.98 25.99 29.20 23.91 0.279 times
31 Wed Jul 2024 25.58 28.93 30.70 24.75 1.271 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 25.13 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 25.13 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 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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Daily charts

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