(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 2024-06-28 View latest technical analysis
10 day averaged volume of Mercantile is 14069
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 30.45 | 33.65 | 33.65 | 30.45 | 14.751 times |
| 27 Thu Jun 2024 | 32.05 | 32.05 | 32.05 | 32.05 | 0.835 times |
| 26 Wed Jun 2024 | 30.53 | 30.53 | 30.53 | 30.53 | 2.604 times |
| 25 Tue Jun 2024 | 29.08 | 29.08 | 29.08 | 29.08 | 0.836 times |
| 24 Mon Jun 2024 | 25.19 | 25.19 | 25.19 | 25.19 | 0.955 times |
| 21 Fri Jun 2024 | 25.19 | 25.19 | 25.19 | 25.19 | 0.955 times |
| 20 Thu Jun 2024 | 22.90 | 21.45 | 22.90 | 20.17 | 2.055 times |
| 19 Wed Jun 2024 | 20.82 | 21.55 | 22.47 | 20.50 | 0.529 times |
| 18 Tue Jun 2024 | 21.51 | 21.85 | 22.60 | 21.15 | 0.584 times |
| 14 Fri Jun 2024 | 22.10 | 22.60 | 22.60 | 21.30 | 0.324 times |
Stock of Mercantile (Mercantile) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.9, for a target of 27.3 or 23.42
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 20.04 |
| Downside Target | 20.98 |
| Downside Target | 22.60 |
| Downside Target | 23.20 |
| Downside Target | 24.30 |
| Downside Target | 25.19 |
| Downside Target | 26.00 |
| Downside Target | 29.27 |
| Upside Target | 33.65 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 25.88 |
| Downside Intraday Target | 21.3 |
| Upside Intraday Target | 34.34 |
| Upside Intraday Target | 38.22 |
| Downside Intraday Target | 29.76 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 30.45 | 25.19 | 33.65 | 25.19 | 4.847 times |
| 21 Fri Jun 2024 | 25.19 | 21.85 | 25.19 | 20.17 | 1.931 times |
| 14 Fri Jun 2024 | 22.10 | 20.04 | 22.60 | 20.04 | 1.306 times |
| 07 Fri Jun 2024 | 20.04 | 19.47 | 21.15 | 19.09 | 0.964 times |
| 31 Fri May 2024 | 19.87 | 20.06 | 20.98 | 19.00 | 0.605 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 30.45 | 19.47 | 33.65 | 19.09 | 3.95 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Mercantile (Mercantile)
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL 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 28.89 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 is giving positive 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL 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 28.89 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 is giving positive 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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