(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 2024-08-28 View latest technical analysis
10 day averaged volume of Mercantile is 10151
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 26.98 | 26.66 | 26.99 | 26.01 | 0.203 times |
27 Tue Aug 2024 | 26.66 | 28.36 | 28.36 | 26.50 | 0.397 times |
26 Mon Aug 2024 | 27.24 | 29.10 | 29.20 | 27.02 | 1.141 times |
23 Fri Aug 2024 | 27.81 | 26.24 | 27.82 | 26.24 | 4.265 times |
22 Thu Aug 2024 | 26.50 | 25.97 | 26.50 | 24.44 | 0.713 times |
21 Wed Aug 2024 | 25.50 | 25.00 | 25.99 | 25.00 | 0.314 times |
20 Tue Aug 2024 | 25.46 | 26.96 | 26.96 | 24.80 | 0.736 times |
19 Mon Aug 2024 | 26.10 | 27.06 | 27.06 | 25.03 | 0.471 times |
16 Fri Aug 2024 | 25.89 | 26.72 | 26.72 | 24.30 | 0.638 times |
14 Wed Aug 2024 | 25.45 | 25.36 | 26.60 | 24.75 | 0.851 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.6, but if it comes below 26.6, then a intra day sell could be more profitable.
If you take a sell trade below 26.6, then use 26.6 as stoploss and 25.7 as target. However if you take a buy trade in stock , then use 26.6 as stoploss and 27.7 as target.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 19.00 |
Downside Target | 19.61 |
Downside Target | 23.91 |
Downside Target | 26.01 |
Downside Target | 26.25 |
Downside Target | 26.72 |
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 | 25.59 |
Downside Intraday Target | 24.21 |
Upside Intraday Target | 28.78 |
Upside Intraday Target | 30.59 |
Upside Intraday Target | 27.4 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 26.98 | 29.10 | 29.20 | 26.01 | 0.268 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 |
28 Wed Aug 2024 | 26.98 | 25.99 | 29.20 | 23.91 | 0.258 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 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 26.92 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 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 26.92 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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