(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 4201
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 25.04 | 25.50 | 26.49 | 25.02 | 0.305 times |
| 10 Thu Oct 2024 | 25.33 | 25.98 | 26.92 | 25.03 | 1.129 times |
| 09 Wed Oct 2024 | 25.98 | 25.55 | 26.10 | 25.50 | 0.879 times |
| 08 Tue Oct 2024 | 24.87 | 24.99 | 24.99 | 23.10 | 0.62 times |
| 07 Mon Oct 2024 | 23.80 | 25.99 | 25.99 | 23.76 | 1.098 times |
| 03 Thu Oct 2024 | 25.15 | 26.49 | 26.49 | 24.51 | 1.066 times |
| 01 Tue Oct 2024 | 25.50 | 25.20 | 25.89 | 24.52 | 0.228 times |
| 30 Mon Sep 2024 | 25.20 | 25.99 | 25.99 | 25.00 | 1.005 times |
| 27 Fri Sep 2024 | 25.41 | 26.20 | 26.20 | 24.70 | 2.094 times |
| 26 Thu Sep 2024 | 25.97 | 25.10 | 26.43 | 25.10 | 0.509 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 24.8 as stoploss in an intra day buy trade for a target of 25.3. However, stock will show a bearish move below 24.8.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.09 |
| Downside Target | 23.10 |
| Downside Target | 23.71 |
| Upside Target | 26.47 |
| Upside Target | 26.73 |
| Upside Target | 26.88 |
| Upside Target | 26.92 |
| 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 | 23.12 |
| Downside Intraday Target | 21.2 |
| Upside Intraday Target | 26.94 |
| Upside Intraday Target | 28.84 |
| Downside Intraday Target | 25.02 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 25.04 | 25.99 | 26.92 | 23.10 | 1.753 times |
| 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 |
Price has moved down 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 |
| 11 Fri Oct 2024 | 25.04 | 25.20 | 26.92 | 23.10 | 0.175 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 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 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 BUY. 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.
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 coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 25.19 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 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 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 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 BUY. 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.
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 coming down
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 25.19 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 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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