(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 2024-09-04 View latest technical analysis
10 day averaged volume of Mercantile is 9679
Date | Daily Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 26.33 | 27.23 | 27.23 | 25.52 | 0.158 times |
03 Tue Sep 2024 | 26.03 | 26.99 | 26.99 | 25.31 | 0.952 times |
02 Mon Sep 2024 | 26.45 | 27.89 | 27.89 | 26.00 | 0.607 times |
30 Fri Aug 2024 | 26.98 | 25.12 | 26.98 | 25.12 | 0.464 times |
29 Thu Aug 2024 | 25.92 | 27.00 | 27.98 | 25.70 | 0.602 times |
28 Wed Aug 2024 | 26.98 | 26.66 | 26.99 | 26.01 | 0.213 times |
27 Tue Aug 2024 | 26.66 | 28.36 | 28.36 | 26.50 | 0.416 times |
26 Mon Aug 2024 | 27.24 | 29.10 | 29.20 | 27.02 | 1.196 times |
23 Fri Aug 2024 | 27.81 | 26.24 | 27.82 | 26.24 | 4.473 times |
22 Thu Aug 2024 | 26.50 | 25.97 | 26.50 | 24.44 | 0.747 times |
My analysis of stock is bullish for shortterm, and stock might move up till 26.9 or till 27.9. Use a stoploss of 26 and if this stock hits its stoploss, then it can fall down till 25.13
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 19.00 |
Downside Target | 23.91 |
Downside Target | 24.44 |
Downside 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 | 25.13 |
Downside Intraday Target | 23.93 |
Upside Intraday Target | 27.71 |
Upside Intraday Target | 29.09 |
Upside Intraday Target | 26.51 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 26.33 | 27.89 | 27.89 | 25.31 | 0.594 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 |
04 Wed Sep 2024 | 26.33 | 27.89 | 27.89 | 25.31 | 0.12 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 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term but BUY 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 27.14 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 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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term but BUY 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 27.14 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.
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