(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 2023-09-18 View latest technical analysis
10 day averaged volume of Mercantile is 8484
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Sep 2023 | 21.84 | 23.70 | 23.70 | 21.14 | 1.3 times |
| 15 Fri Sep 2023 | 21.62 | 21.99 | 21.99 | 21.50 | 0.884 times |
| 14 Thu Sep 2023 | 21.99 | 22.20 | 22.50 | 20.40 | 1.559 times |
| 13 Wed Sep 2023 | 21.76 | 22.80 | 22.80 | 21.19 | 0.833 times |
| 12 Tue Sep 2023 | 21.05 | 22.98 | 22.98 | 20.90 | 0.915 times |
| 11 Mon Sep 2023 | 22.17 | 22.70 | 22.75 | 22.02 | 0.858 times |
| 08 Fri Sep 2023 | 22.64 | 22.40 | 23.95 | 22.40 | 0.633 times |
| 07 Thu Sep 2023 | 22.49 | 22.00 | 22.75 | 22.00 | 0.405 times |
| 06 Wed Sep 2023 | 22.40 | 23.00 | 23.60 | 21.76 | 1.393 times |
| 05 Tue Sep 2023 | 23.10 | 24.99 | 24.99 | 22.55 | 0.694 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 21.8 as stoploss in an intra day buy trade for a target of 22.86. However, stock will show a bearish move below 21.8.
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 | 20.40 |
| Downside Target | 20.98 |
| Upside Target | 22.98 |
| Upside Target | 23.44 |
| Upside Target | 23.70 |
| 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 | 20.75 |
| Downside Intraday Target | 19.67 |
| Upside Intraday Target | 23.31 |
| Upside Intraday Target | 24.79 |
| Upside Intraday Target | 22.23 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Sep 2023 | 21.84 | 23.70 | 23.70 | 21.14 | 0.257 times |
| 15 Fri Sep 2023 | 21.62 | 22.70 | 22.98 | 20.40 | 1.02 times |
| 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 |
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 |
| 18 Mon Sep 2023 | 21.84 | 23.67 | 24.99 | 20.40 | 0.223 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 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 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 to mid 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 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 Weak 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 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 weakening, and bulls are picking up momentum!
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 22.05 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 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 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 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 to mid 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 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 Weak 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 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 weakening, and bulls are picking up momentum!
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 22.05 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 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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