(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 2024-04-02 View latest technical analysis
10 day averaged volume of Mercantile is 5269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 21.32 | 21.35 | 21.92 | 20.50 | 0.595 times |
| 01 Mon Apr 2024 | 21.20 | 20.15 | 21.57 | 19.61 | 0.233 times |
| 28 Thu Mar 2024 | 20.55 | 21.30 | 21.48 | 20.15 | 0.683 times |
| 27 Wed Mar 2024 | 21.16 | 21.50 | 21.84 | 20.24 | 2.066 times |
| 26 Tue Mar 2024 | 20.96 | 21.51 | 21.88 | 20.85 | 2.596 times |
| 22 Fri Mar 2024 | 21.23 | 21.88 | 21.88 | 20.80 | 1.823 times |
| 21 Thu Mar 2024 | 21.89 | 22.09 | 23.04 | 20.99 | 0.735 times |
| 20 Wed Mar 2024 | 22.09 | 21.42 | 22.10 | 20.10 | 0.221 times |
| 19 Tue Mar 2024 | 21.07 | 22.48 | 22.48 | 21.01 | 0.711 times |
| 18 Mon Mar 2024 | 21.50 | 21.67 | 22.30 | 21.50 | 0.295 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 as stoploss in an intra day buy trade for a target of 22.27. However, stock will show a bearish move below 21.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.61 |
| Downside Target | 20.10 |
| Upside Target | 21.51 |
| Upside Target | 22.41 |
| Upside Target | 23.04 |
| Upside Target | 23.20 |
| Upside Target | 24.74 |
| Upside Target | 26.00 |
| Upside Target | 27.00 |
| Upside Target | 29.27 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 19.98 |
| Downside Intraday Target | 18.64 |
| Upside Intraday Target | 22.29 |
| Upside Intraday Target | 23.26 |
| Downside Intraday Target | 20.95 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 21.32 | 20.15 | 21.92 | 19.61 | 0.155 times |
| 28 Thu Mar 2024 | 20.55 | 21.51 | 21.88 | 20.15 | 1.413 times |
| 22 Fri Mar 2024 | 21.23 | 21.67 | 23.04 | 20.10 | 1.815 times |
| 15 Fri Mar 2024 | 21.67 | 24.74 | 24.74 | 21.51 | 0.977 times |
| 07 Thu Mar 2024 | 24.00 | 26.00 | 26.00 | 22.75 | 0.463 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 |
| 02 Tue Apr 2024 | 21.32 | 20.15 | 21.92 | 19.61 | 0.06 times |
| 28 Thu Mar 2024 | 20.55 | 23.85 | 26.00 | 20.10 | 0.568 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 |
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 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. 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 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 21.17 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 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 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. 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 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 21.17 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 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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