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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)

10 day averaged volume of Mercantile is 2054

Date Daily Closing Price Open High Low Volume
27 Mon Jan 2025 21.55 23.40 23.40 21.26 5.079 times
24 Fri Jan 2025 22.90 23.95 23.95 22.52 1.164 times
23 Thu Jan 2025 22.56 23.00 23.45 22.53 1.211 times
22 Wed Jan 2025 23.40 22.75 23.48 22.53 0.61 times
21 Tue Jan 2025 22.55 24.09 24.09 22.50 2.58 times
20 Mon Jan 2025 23.59 22.48 23.77 22.48 0.598 times
17 Fri Jan 2025 22.94 23.64 23.64 22.70 0.025 times
16 Thu Jan 2025 23.32 23.65 23.99 22.90 1.965 times
15 Wed Jan 2025 23.65 23.74 23.74 22.15 0.888 times
14 Tue Jan 2025 22.50 22.21 23.79 22.10 0.427 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 bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 21.8, for a target of 22.5 or 23.05

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 21.26
Upside Target 22.10
Upside Target 23.10
Upside Target 24.09
Upside Target 24.50
Upside Target 24.70
Upside Target 24.98
Upside Target 26.92
Upside Target 27.39
Upside Target 27.89

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 20.74
Downside Intraday Target 19.93
Upside Intraday Target 22.88
Upside Intraday Target 24.21
Upside Intraday Target 22.07

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
27 Mon Jan 2025 21.55 23.40 23.40 21.26 0.824 times
24 Fri Jan 2025 22.90 22.48 24.09 22.48 1.607 times
17 Fri Jan 2025 22.94 23.00 24.00 22.10 0.498 times
10 Fri Jan 2025 22.55 23.55 24.50 22.52 0.978 times
03 Fri Jan 2025 23.55 23.01 24.70 22.32 0.752 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
27 Mon Jan 2025 21.55 23.94 24.70 21.26 0.523 times
31 Tue Dec 2024 23.06 24.98 24.98 22.19 0.848 times
29 Fri Nov 2024 23.85 26.80 27.39 22.30 1.119 times
31 Thu Oct 2024 25.78 25.20 26.92 23.10 0.855 times

Scroll below to view daily charts

Price has moved down 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 22.48 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mercantile in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 22.48 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.

Click here for Mercantile charts

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Daily charts

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