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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 2024-08-26 View latest technical analysis

10 day averaged volume of Mercantile is 9110

Date Daily Closing Price Open High Low Volume
26 Mon Aug 2024 27.24 29.10 29.20 27.02 1.271 times
23 Fri Aug 2024 27.81 26.24 27.82 26.24 4.753 times
22 Thu Aug 2024 26.50 25.97 26.50 24.44 0.794 times
21 Wed Aug 2024 25.50 25.00 25.99 25.00 0.35 times
20 Tue Aug 2024 25.46 26.96 26.96 24.80 0.82 times
19 Mon Aug 2024 26.10 27.06 27.06 25.03 0.525 times
16 Fri Aug 2024 25.89 26.72 26.72 24.30 0.711 times
14 Wed Aug 2024 25.45 25.36 26.60 24.75 0.948 times
13 Tue Aug 2024 25.36 25.49 25.49 23.91 0.528 times
12 Mon Aug 2024 24.95 25.40 25.40 24.00 0.528 times

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 27.4, for a target of 26.4 or 25.59

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.61
Downside Target 23.91
Downside Target 26.25
Downside Target 26.72
Downside Target 27.02
Upside Target 27.41
Upside Target 27.82
Upside Target 29.20
Upside Target 30.70
Upside Target 33.65

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 26.44
Downside Intraday Target 25.64
Upside Intraday Target 28.62
Upside Intraday Target 30
Upside Intraday Target 27.82

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
26 Mon Aug 2024 27.24 29.10 29.20 27.02 0.176 times
23 Fri Aug 2024 27.81 27.06 27.82 24.44 2.667 times
16 Fri Aug 2024 25.89 25.40 26.72 23.91 2.054 times
09 Fri Aug 2024 24.22 23.94 26.25 23.94 0.434 times
02 Fri Aug 2024 25.19 26.87 27.41 24.55 3.071 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
26 Mon Aug 2024 27.24 25.99 29.20 23.91 0.246 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 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 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 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 stronger in this stock.

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

CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 26.76 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 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 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 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 stronger in this stock.

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

CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 26.76 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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