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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 64037

Date Daily Closing Price Open High Low Volume
12 Fri Jul 2024 27.38 27.94 27.94 26.20 0.167 times
11 Thu Jul 2024 26.61 26.79 26.96 25.59 0.182 times
10 Wed Jul 2024 25.68 26.50 26.64 25.51 0.238 times
09 Tue Jul 2024 25.38 26.00 26.00 25.08 0.624 times
08 Mon Jul 2024 26.40 27.22 27.78 26.40 0.203 times
05 Fri Jul 2024 27.78 30.70 30.70 27.78 0.969 times
04 Thu Jul 2024 29.24 28.93 29.69 26.90 0.483 times
03 Wed Jul 2024 28.28 26.12 28.86 26.12 2.664 times
02 Tue Jul 2024 27.49 27.49 28.35 27.49 1.252 times
01 Mon Jul 2024 28.93 28.93 28.93 28.93 0.144 times

My analysis of stock is bullish for shortterm, and stock might move up till 29.7 or till 33.3. Use a stoploss of 26.65 and if this stock hits its stoploss, then it can fall down till 23.62

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.61
Downside Target 20.04
Downside Target 22.60
Downside Target 24.30
Downside Target 26.00
Downside Target 26.12
Upside Target 27.94
Upside Target 30.70
Upside Target 33.65

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 25.66
Downside Intraday Target 23.94
Upside Intraday Target 28.52
Upside Intraday Target 29.66
Downside Intraday Target 26.8

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
12 Fri Jul 2024 27.38 27.22 27.94 25.08 0.256 times
05 Fri Jul 2024 27.78 28.93 30.70 26.12 1.256 times
28 Fri Jun 2024 30.45 25.19 33.65 25.19 4.847 times
21 Fri Jun 2024 25.19 21.85 25.19 20.17 1.931 times
14 Fri Jun 2024 22.10 20.04 22.60 20.04 1.306 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
12 Fri Jul 2024 27.38 28.93 30.70 25.08 1.131 times
28 Fri Jun 2024 30.45 19.47 33.65 19.09 3.95 times
31 Fri May 2024 19.87 24.00 24.70 19.00 1.552 times
30 Tue Apr 2024 24.00 20.15 24.30 19.61 0.873 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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.

Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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

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 27.68 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.

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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.

Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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

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 27.68 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.

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Daily charts

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