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(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 2024-06-04 View latest technical analysis

10 day averaged volume of Mercantile is 6557

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 20.58 20.99 20.99 19.09 0.97 times
03 Mon Jun 2024 20.09 19.47 20.74 19.47 0.344 times
31 Fri May 2024 19.87 19.85 20.27 19.85 0.947 times
30 Thu May 2024 19.31 19.99 19.99 19.24 0.159 times
29 Wed May 2024 19.54 19.35 19.81 19.00 0.567 times
28 Tue May 2024 19.30 20.98 20.98 19.20 1.204 times
27 Mon May 2024 20.19 20.06 20.75 19.99 0.762 times
24 Fri May 2024 20.06 21.34 21.79 19.88 3.405 times
23 Thu May 2024 20.92 21.00 21.37 20.44 0.703 times
22 Wed May 2024 20.40 22.00 22.19 20.22 1.595 times

My analysis of stock is bearish for shortterm, and stock might move down till 19.9 or till 18.8. Use a stoploss of 20.86 and if the stock hits stoploss, then it can shoot up till 21.81

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.61
Upside Target 20.98
Upside Target 22.49
Upside Target 22.55
Upside Target 23.20
Upside Target 24.30
Upside Target 24.48
Upside Target 24.70
Upside Target 26.00
Upside Target 29.27

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 19.45
Downside Intraday Target 18.32
Upside Intraday Target 21.35
Upside Intraday Target 22.12
Downside Intraday Target 20.22

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 20.58 19.47 20.99 19.09 0.361 times
31 Fri May 2024 19.87 20.06 20.98 19.00 0.605 times
24 Fri May 2024 20.06 22.55 22.55 19.88 2.335 times
18 Sat May 2024 22.20 21.99 22.49 20.16 1.139 times
10 Fri May 2024 21.36 24.48 24.48 21.02 1.227 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
04 Tue Jun 2024 20.58 19.47 20.99 19.09 0.087 times
31 Fri May 2024 19.87 24.00 24.70 19.00 1.552 times
30 Tue Apr 2024 24.00 20.15 24.30 19.61 0.873 times
28 Thu Mar 2024 20.55 23.85 26.00 20.10 0.568 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 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 gaining 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 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 20.08 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 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 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 gaining 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 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 20.08 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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