(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 2023-09-08 View latest technical analysis
10 day averaged volume of Mercantile is 13040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Sep 2023 | 22.64 | 22.40 | 23.95 | 22.40 | 0.412 times |
| 07 Thu Sep 2023 | 22.49 | 22.00 | 22.75 | 22.00 | 0.264 times |
| 06 Wed Sep 2023 | 22.40 | 23.00 | 23.60 | 21.76 | 0.906 times |
| 05 Tue Sep 2023 | 23.10 | 24.99 | 24.99 | 22.55 | 0.451 times |
| 04 Mon Sep 2023 | 23.44 | 23.07 | 24.29 | 22.69 | 1.188 times |
| 01 Fri Sep 2023 | 23.23 | 23.67 | 24.86 | 22.31 | 0.746 times |
| 31 Thu Aug 2023 | 23.67 | 25.18 | 25.18 | 23.52 | 0.627 times |
| 30 Wed Aug 2023 | 24.43 | 23.60 | 25.60 | 23.50 | 1.611 times |
| 29 Tue Aug 2023 | 23.15 | 23.00 | 23.35 | 22.06 | 1.544 times |
| 28 Mon Aug 2023 | 22.67 | 21.51 | 22.85 | 21.50 | 1.443 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.2 or till 26.7. Use a stoploss of 22.16 and if this stock hits its stoploss, then it can fall down till 20.1
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 16.00 |
| Downside Target | 17.12 |
| Downside Target | 18.00 |
| Downside Target | 18.95 |
| Downside Target | 19.50 |
| Downside Target | 20.98 |
| Downside Target | 21.50 |
| Upside Target | 23.44 |
| Upside Target | 24.99 |
| Upside Target | 25.60 |
| Upside Target | 27.20 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 21.27 |
| Downside Intraday Target | 19.9 |
| Upside Intraday Target | 24.5 |
| Upside Intraday Target | 26.36 |
| Upside Intraday Target | 23.13 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Sep 2023 | 22.64 | 23.07 | 24.99 | 21.76 | 0.539 times |
| 01 Fri Sep 2023 | 23.23 | 21.51 | 25.60 | 21.50 | 0.24 times |
| 25 Fri Aug 2023 | 22.89 | 19.40 | 27.20 | 19.01 | 12.883 times |
| 18 Fri Aug 2023 | 18.55 | 19.43 | 19.50 | 18.15 | 1.318 times |
| 11 Fri Aug 2023 | 18.58 | 19.85 | 19.85 | 18.22 | 0.439 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 |
| 08 Fri Sep 2023 | 22.64 | 23.67 | 24.99 | 21.76 | 0.109 times |
| 31 Thu Aug 2023 | 23.67 | 19.75 | 27.20 | 18.00 | 1.956 times |
| 31 Mon Jul 2023 | 19.36 | 19.52 | 23.44 | 17.12 | 1.177 times |
| 30 Fri Jun 2023 | 19.00 | 16.60 | 20.98 | 16.20 | 1.697 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 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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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
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 23.26 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 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 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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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
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 23.26 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 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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