(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 2024-03-04 View latest technical analysis
10 day averaged volume of Mercantile is 4629
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 24.31 | 26.00 | 26.00 | 24.00 | 0.674 times |
| 02 Sat Mar 2024 | 25.00 | 25.09 | 25.09 | 24.01 | 0.009 times |
| 01 Fri Mar 2024 | 24.00 | 23.85 | 24.92 | 23.85 | 0.623 times |
| 29 Thu Feb 2024 | 23.95 | 25.95 | 25.95 | 23.58 | 1.765 times |
| 28 Wed Feb 2024 | 24.82 | 23.31 | 25.59 | 23.20 | 0.695 times |
| 27 Tue Feb 2024 | 24.40 | 24.95 | 25.68 | 23.76 | 0.866 times |
| 26 Mon Feb 2024 | 24.95 | 25.75 | 26.48 | 24.75 | 1.287 times |
| 23 Fri Feb 2024 | 25.55 | 26.50 | 26.50 | 25.06 | 0.512 times |
| 22 Thu Feb 2024 | 25.91 | 25.20 | 26.24 | 24.10 | 0.916 times |
| 21 Wed Feb 2024 | 25.20 | 25.33 | 26.00 | 25.11 | 0.598 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.6, but if it comes above 24.6, then a intra day buy could be more profitable.
If you take a sell trade below 24.6, then use 24.6 as stoploss and 23.3 as target. However if you take a buy trade in stock , then use 24.6 as stoploss and 25.66 as target.
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 |
| Upside Target | 24.75 |
| Upside Target | 25.52 |
| Upside Target | 27.00 |
| Upside Target | 27.18 |
| Upside Target | 29.00 |
| Upside Target | 29.20 |
| Upside Target | 29.27 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 23.54 |
| Downside Intraday Target | 22.77 |
| Upside Intraday Target | 25.54 |
| Upside Intraday Target | 26.77 |
| Upside Intraday Target | 24.77 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 24.31 | 26.00 | 26.00 | 24.00 | 0.129 times |
| 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 |
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 |
| 04 Mon Mar 2024 | 24.31 | 23.85 | 26.00 | 23.85 | 0.047 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 coming down
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
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 24.7 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 coming down
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
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 24.7 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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