(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 2510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 22.00 | 21.72 | 22.00 | 21.50 | 0.172 times |
| 15 Mon Apr 2024 | 21.50 | 22.05 | 22.25 | 20.96 | 0.779 times |
| 12 Fri Apr 2024 | 22.06 | 22.90 | 22.90 | 22.02 | 0.155 times |
| 10 Wed Apr 2024 | 22.97 | 23.05 | 23.55 | 22.00 | 1.463 times |
| 09 Tue Apr 2024 | 23.00 | 23.55 | 23.83 | 21.65 | 1.273 times |
| 08 Mon Apr 2024 | 22.77 | 24.29 | 24.29 | 22.05 | 0.674 times |
| 05 Fri Apr 2024 | 23.14 | 22.73 | 23.85 | 22.40 | 1.609 times |
| 04 Thu Apr 2024 | 22.73 | 23.00 | 23.49 | 22.70 | 1.422 times |
| 03 Wed Apr 2024 | 22.38 | 21.95 | 22.38 | 21.95 | 0.884 times |
| 02 Tue Apr 2024 | 21.32 | 21.35 | 21.92 | 20.50 | 1.25 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22.6 or till 23.5. Use a stoploss of 21.86 and if this stock hits its stoploss, then it can fall down till 21.11
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.61 |
| Downside Target | 20.10 |
| Downside Target | 20.96 |
| Downside Target | 21.52 |
| Upside Target | 23.04 |
| Upside Target | 23.85 |
| Upside Target | 24.29 |
| Upside Target | 26.00 |
| Upside Target | 27.00 |
| Upside Target | 29.27 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 21.22 |
| Downside Intraday Target | 20.45 |
| Upside Intraday Target | 22.51 |
| Upside Intraday Target | 23.03 |
| Downside Intraday Target | 21.74 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 22.00 | 22.05 | 22.25 | 20.96 | 0.267 times |
| 12 Fri Apr 2024 | 22.06 | 24.29 | 24.29 | 21.65 | 0.63 times |
| 05 Fri Apr 2024 | 23.14 | 20.15 | 23.85 | 19.61 | 0.504 times |
| 28 Thu Mar 2024 | 20.55 | 21.51 | 21.88 | 20.15 | 1.413 times |
| 22 Fri Mar 2024 | 21.23 | 21.67 | 23.04 | 20.10 | 1.815 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 |
| 16 Tue Apr 2024 | 22.00 | 20.15 | 24.29 | 19.61 | 0.348 times |
| 28 Thu Mar 2024 | 20.55 | 23.85 | 26.00 | 20.10 | 0.568 times |
| 29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 times |
| 31 Wed Jan 2024 | 28.49 | 23.65 | 37.14 | 22.41 | 4.657 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 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 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 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 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. 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 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 22.54 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 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 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 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 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 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. 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 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 22.54 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 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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