(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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