(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 2023-09-25 View latest technical analysis
10 day averaged volume of Mercantile is 8951
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Sep 2023 | 22.27 | 21.85 | 22.85 | 21.64 | 0.858 times |
| 22 Fri Sep 2023 | 21.88 | 21.45 | 22.55 | 21.45 | 1.237 times |
| 21 Thu Sep 2023 | 22.44 | 22.35 | 22.50 | 21.40 | 1.763 times |
| 20 Wed Sep 2023 | 21.92 | 22.95 | 22.95 | 21.50 | 0.382 times |
| 18 Mon Sep 2023 | 21.84 | 23.70 | 23.70 | 21.14 | 1.232 times |
| 15 Fri Sep 2023 | 21.62 | 21.99 | 21.99 | 21.50 | 0.838 times |
| 14 Thu Sep 2023 | 21.99 | 22.20 | 22.50 | 20.40 | 1.477 times |
| 13 Wed Sep 2023 | 21.76 | 22.80 | 22.80 | 21.19 | 0.79 times |
| 12 Tue Sep 2023 | 21.05 | 22.98 | 22.98 | 20.90 | 0.867 times |
| 11 Mon Sep 2023 | 22.17 | 22.70 | 22.75 | 22.02 | 0.814 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.7 or till 20.8. Use a stoploss of 22.51 and if the stock hits stoploss, then it can shoot up till 23.3
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 | 22.85 |
| 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 | 21.66 |
| Downside Intraday Target | 21.04 |
| Upside Intraday Target | 22.87 |
| Upside Intraday Target | 23.46 |
| Downside Intraday Target | 22.25 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Sep 2023 | 22.27 | 21.85 | 22.85 | 21.64 | 0.186 times |
| 22 Fri Sep 2023 | 21.88 | 23.70 | 23.70 | 21.14 | 0.964 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 |
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 |
| 25 Mon Sep 2023 | 22.27 | 23.67 | 24.99 | 20.40 | 0.303 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 21.94 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 21.94 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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