(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 3753
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 25.91 | 26.27 | 26.27 | 24.65 | 14.401 times |
| 11 Fri Oct 2024 | 25.04 | 25.50 | 26.49 | 25.02 | 0.342 times |
| 10 Thu Oct 2024 | 25.33 | 25.98 | 26.92 | 25.03 | 1.264 times |
| 09 Wed Oct 2024 | 25.98 | 25.55 | 26.10 | 25.50 | 0.984 times |
| 08 Tue Oct 2024 | 24.87 | 24.99 | 24.99 | 23.10 | 0.694 times |
| 07 Mon Oct 2024 | 23.80 | 25.99 | 25.99 | 23.76 | 1.229 times |
| 03 Thu Oct 2024 | 25.15 | 26.49 | 26.49 | 24.51 | 1.193 times |
| 01 Tue Oct 2024 | 25.50 | 25.20 | 25.89 | 24.52 | 0.255 times |
| 30 Mon Sep 2024 | 25.20 | 25.99 | 25.99 | 25.00 | 1.125 times |
| 27 Fri Sep 2024 | 25.41 | 26.20 | 26.20 | 24.70 | 2.344 times |
Stock of Mercantile (Mercantile) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.8, but if it comes below 25.8, then a intra day sell could be more profitable.
If you take a sell trade below 25.8, then use 25.8 as stoploss and 25.31 as target. However if you take a buy trade in stock , then use 25.8 as stoploss and 26.5 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.09 |
| Downside Target | 23.10 |
| Downside Target | 23.71 |
| Upside Target | 26.27 |
| Upside Target | 26.49 |
| 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 | 24.95 |
| Downside Intraday Target | 23.99 |
| Upside Intraday Target | 26.57 |
| Upside Intraday Target | 27.23 |
| Downside Intraday Target | 25.61 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 25.91 | 26.27 | 26.27 | 24.65 | 3.192 times |
| 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 |
Price has moved up 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 |
| 14 Mon Oct 2024 | 25.91 | 25.20 | 26.92 | 23.10 | 0.598 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 up 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 negative zone. This is the SELL 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 25.61 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 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 negative zone. This is the SELL 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 25.61 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 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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