(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 2023-03-14 View latest technical analysis
10 day averaged volume of Mercantile is 2002
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Mar 2023 | 17.95 | 17.11 | 18.70 | 17.11 | 1.315 times |
| 13 Mon Mar 2023 | 17.35 | 17.40 | 17.99 | 17.21 | 0.905 times |
| 10 Fri Mar 2023 | 17.38 | 18.40 | 18.40 | 17.20 | 0.056 times |
| 09 Thu Mar 2023 | 17.25 | 18.60 | 18.60 | 17.15 | 3.003 times |
| 08 Wed Mar 2023 | 17.61 | 17.90 | 18.70 | 17.21 | 1.426 times |
| 06 Mon Mar 2023 | 17.34 | 17.32 | 18.09 | 17.15 | 0.717 times |
| 03 Fri Mar 2023 | 17.67 | 17.16 | 17.99 | 17.13 | 0.681 times |
| 02 Thu Mar 2023 | 17.90 | 18.09 | 18.09 | 17.80 | 0.017 times |
| 01 Wed Mar 2023 | 17.89 | 17.15 | 18.00 | 17.15 | 1.895 times |
| 28 Tue Feb 2023 | 17.95 | 17.10 | 18.00 | 17.10 | 0.306 times |
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 as stoploss in an intra day sell trade for a target of 17.71. However, stock will show a bullish move above 18.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 16.15 |
| Downside Target | 17.05 |
| Upside Target | 18.35 |
| Upside Target | 18.70 |
| Upside Target | 18.85 |
| Upside Target | 19.45 |
| Upside Target | 20.00 |
| Upside Target | 20.80 |
| Upside Target | 21.20 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 17.14 |
| Downside Intraday Target | 16.33 |
| Upside Intraday Target | 18.73 |
| Upside Intraday Target | 19.51 |
| Downside Intraday Target | 17.92 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Mar 2023 | 17.95 | 17.40 | 18.70 | 17.11 | 0.427 times |
| 10 Fri Mar 2023 | 17.38 | 17.32 | 18.70 | 17.15 | 1.337 times |
| 03 Fri Mar 2023 | 17.67 | 18.35 | 18.35 | 17.10 | 0.708 times |
| 24 Fri Feb 2023 | 17.95 | 17.85 | 18.85 | 17.05 | 0.377 times |
| 17 Fri Feb 2023 | 17.80 | 18.35 | 19.45 | 17.10 | 2.882 times |
Price has moved up 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 |
| 14 Tue Mar 2023 | 17.95 | 17.15 | 18.70 | 17.11 | 0.33 times |
| 28 Tue Feb 2023 | 17.95 | 19.00 | 19.45 | 16.15 | 0.624 times |
| 31 Tue Jan 2023 | 18.60 | 18.30 | 20.00 | 17.25 | 1.316 times |
| 30 Fri Dec 2022 | 17.75 | 18.90 | 20.80 | 16.25 | 0.768 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 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 to mid 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 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 Strong 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 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 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 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 17.57 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 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 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 to mid 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 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 Strong 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 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 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 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 17.57 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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