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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)

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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