(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 2024-08-08 View latest technical analysis
10 day averaged volume of Mercantile is 4136
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 25.00 | 25.05 | 25.13 | 24.65 | 0.551 times |
| 07 Wed Aug 2024 | 25.13 | 24.92 | 25.95 | 24.02 | 0.618 times |
| 06 Tue Aug 2024 | 24.92 | 24.03 | 26.25 | 24.03 | 1.002 times |
| 05 Mon Aug 2024 | 25.02 | 23.94 | 25.69 | 23.94 | 0.646 times |
| 02 Fri Aug 2024 | 25.19 | 25.00 | 25.83 | 24.55 | 0.562 times |
| 01 Thu Aug 2024 | 25.00 | 25.99 | 25.99 | 24.75 | 1.408 times |
| 31 Wed Jul 2024 | 25.58 | 26.39 | 26.39 | 24.75 | 1.45 times |
| 30 Tue Jul 2024 | 25.40 | 25.90 | 26.49 | 25.10 | 0.925 times |
| 29 Mon Jul 2024 | 26.00 | 26.87 | 27.41 | 25.74 | 2.361 times |
| 26 Fri Jul 2024 | 26.87 | 25.80 | 26.87 | 25.70 | 0.422 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.2, but if it comes above 25.2, then a intra day buy could be more profitable.
If you take a sell trade below 25.2, then use 25.2 as stoploss and 24.3 as target. However if you take a buy trade in stock , then use 25.2 as stoploss and 26.03 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 23.94 |
| Upside Target | 26.25 |
| Upside Target | 27.41 |
| Upside Target | 27.48 |
| Upside Target | 27.94 |
| Upside Target | 28.25 |
| Upside Target | 30.70 |
| Upside Target | 33.65 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 23.88 |
| Downside Intraday Target | 22.75 |
| Upside Intraday Target | 26.19 |
| Upside Intraday Target | 27.37 |
| Upside Intraday Target | 25.06 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 25.00 | 23.94 | 26.25 | 23.94 | 0.42 times |
| 02 Fri Aug 2024 | 25.19 | 26.87 | 27.41 | 24.55 | 3.071 times |
| 26 Fri Jul 2024 | 26.87 | 27.48 | 27.48 | 25.43 | 0.344 times |
| 19 Fri Jul 2024 | 26.94 | 27.38 | 28.25 | 25.34 | 0.29 times |
| 12 Fri Jul 2024 | 27.38 | 27.22 | 27.94 | 25.08 | 0.256 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 |
| 08 Thu Aug 2024 | 25.00 | 25.99 | 26.25 | 23.94 | 0.04 times |
| 31 Wed Jul 2024 | 25.58 | 28.93 | 30.70 | 24.75 | 1.271 times |
| 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 |
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 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 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 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 BUY signal in short term and the buying is gaining 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 25.45 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 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 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 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 BUY signal in short term and the buying is gaining 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 25.45 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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