(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 2024-09-09 View latest technical analysis
10 day averaged volume of Mercantile is 5047
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 25.58 | 25.30 | 26.49 | 25.30 | 0.299 times |
| 06 Fri Sep 2024 | 25.71 | 26.03 | 26.50 | 25.25 | 0.811 times |
| 05 Thu Sep 2024 | 26.03 | 26.33 | 26.88 | 25.25 | 0.352 times |
| 04 Wed Sep 2024 | 26.33 | 27.23 | 27.23 | 25.52 | 0.303 times |
| 03 Tue Sep 2024 | 26.03 | 26.99 | 26.99 | 25.31 | 1.825 times |
| 02 Mon Sep 2024 | 26.45 | 27.89 | 27.89 | 26.00 | 1.164 times |
| 30 Fri Aug 2024 | 26.98 | 25.12 | 26.98 | 25.12 | 0.89 times |
| 29 Thu Aug 2024 | 25.92 | 27.00 | 27.98 | 25.70 | 1.155 times |
| 28 Wed Aug 2024 | 26.98 | 26.66 | 26.99 | 26.01 | 0.408 times |
| 27 Tue Aug 2024 | 26.66 | 28.36 | 28.36 | 26.50 | 0.798 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.4 as stoploss in an intra day buy trade for a target of 26.15. However, stock will show a bearish move below 25.4.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 23.91 |
| Downside Target | 24.44 |
| Upside Target | 26.49 |
| 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 | 25.09 |
| Downside Intraday Target | 24.6 |
| Upside Intraday Target | 26.28 |
| Upside Intraday Target | 26.98 |
| Upside Intraday Target | 25.79 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 25.58 | 25.30 | 26.49 | 25.30 | 0.067 times |
| 06 Fri Sep 2024 | 25.71 | 27.89 | 27.89 | 25.25 | 0.803 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 |
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 |
| 09 Mon Sep 2024 | 25.58 | 27.89 | 27.89 | 25.25 | 0.173 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY 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 26.25 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY 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 26.25 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock has given negative 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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