Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-03 View latest technical analysis

10 day averaged volume of Mercantile is 9505

Date Daily Closing Price Open High Low Volume
03 Tue Sep 2024 26.03 26.99 26.99 25.31 0.969 times
02 Mon Sep 2024 26.45 27.89 27.89 26.00 0.618 times
30 Fri Aug 2024 26.98 25.12 26.98 25.12 0.473 times
29 Thu Aug 2024 25.92 27.00 27.98 25.70 0.613 times
28 Wed Aug 2024 26.98 26.66 26.99 26.01 0.217 times
27 Tue Aug 2024 26.66 28.36 28.36 26.50 0.424 times
26 Mon Aug 2024 27.24 29.10 29.20 27.02 1.218 times
23 Fri Aug 2024 27.81 26.24 27.82 26.24 4.555 times
22 Thu Aug 2024 26.50 25.97 26.50 24.44 0.761 times
21 Wed Aug 2024 25.50 25.00 25.99 25.00 0.335 times

My analysis of stock is bullish for shortterm, and stock might move up till 26.8 or till 27.9. Use a stoploss of 25.93 and if this stock hits its stoploss, then it can fall down till 25.04

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 23.91
Downside Target 24.44
Upside Target 26.25
Upside Target 26.72
Upside Target 27.82
Upside Target 27.89
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 24.93
Downside Intraday Target 23.83
Upside Intraday Target 27.51
Upside Intraday Target 28.99
Upside Intraday Target 26.41

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
03 Tue Sep 2024 26.03 27.89 27.89 25.31 0.539 times
30 Fri Aug 2024 26.98 29.10 29.20 25.12 0.424 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

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
03 Tue Sep 2024 26.03 27.89 27.89 25.31 0.109 times
30 Fri Aug 2024 26.98 25.99 29.20 23.91 0.279 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

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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.

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 weakening, and bulls are picking up momentum!

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 27.1 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.

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 weakening, and bulls are picking up momentum!

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 27.1 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme