(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 2024-03-02 View latest technical analysis
10 day averaged volume of Mercantile is 4949
Date | Daily Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 25.00 | 25.09 | 25.09 | 24.01 | 0.008 times |
01 Fri Mar 2024 | 24.00 | 23.85 | 24.92 | 23.85 | 0.583 times |
29 Thu Feb 2024 | 23.95 | 25.95 | 25.95 | 23.58 | 1.651 times |
28 Wed Feb 2024 | 24.82 | 23.31 | 25.59 | 23.20 | 0.65 times |
27 Tue Feb 2024 | 24.40 | 24.95 | 25.68 | 23.76 | 0.81 times |
26 Mon Feb 2024 | 24.95 | 25.75 | 26.48 | 24.75 | 1.204 times |
23 Fri Feb 2024 | 25.55 | 26.50 | 26.50 | 25.06 | 0.479 times |
22 Thu Feb 2024 | 25.91 | 25.20 | 26.24 | 24.10 | 0.856 times |
21 Wed Feb 2024 | 25.20 | 25.33 | 26.00 | 25.11 | 0.559 times |
20 Tue Feb 2024 | 26.38 | 26.55 | 26.65 | 25.00 | 2.553 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 24.7 as stoploss in an intra day buy trade for a target of 25.82. However, stock will show a bearish move below 24.7.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 21.00 |
Downside Target | 21.52 |
Downside Target | 22.41 |
Downside Target | 23.20 |
Downside Target | 23.85 |
Downside Target | 24.75 |
Upside Target | 26.48 |
Upside Target | 27.18 |
Upside Target | 29.00 |
Upside Target | 29.20 |
Upside Target | 29.27 |
Upside Target | 30.00 |
Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 23.31 |
Downside Intraday Target | 21.61 |
Upside Intraday Target | 26.59 |
Upside Intraday Target | 28.17 |
Downside Intraday Target | 24.89 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Sat Mar 2024 | 25.00 | 25.75 | 26.48 | 23.20 | 0.961 times |
23 Fri Feb 2024 | 25.55 | 27.18 | 27.18 | 24.10 | 0.93 times |
16 Fri Feb 2024 | 26.00 | 28.99 | 29.00 | 24.75 | 0.749 times |
09 Fri Feb 2024 | 27.71 | 27.71 | 29.20 | 25.52 | 0.674 times |
02 Fri Feb 2024 | 28.36 | 29.20 | 30.00 | 27.01 | 1.51 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 |
02 Sat Mar 2024 | 25.00 | 23.85 | 25.09 | 23.85 | 0.023 times |
29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 times |
31 Wed Jan 2024 | 28.49 | 23.65 | 37.14 | 22.41 | 4.657 times |
29 Fri Dec 2023 | 23.19 | 22.05 | 27.00 | 21.52 | 1.475 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 25.18 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 25.18 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 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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