(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 2024-11-18 View latest technical analysis
10 day averaged volume of Mercantile is 4356
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 24.57 | 24.82 | 24.83 | 23.66 | 1.407 times |
| 14 Thu Nov 2024 | 24.33 | 24.20 | 25.00 | 23.55 | 0.864 times |
| 13 Wed Nov 2024 | 24.40 | 26.15 | 26.45 | 24.24 | 1.45 times |
| 12 Tue Nov 2024 | 25.34 | 26.50 | 26.50 | 25.03 | 0.441 times |
| 11 Mon Nov 2024 | 25.98 | 26.00 | 26.46 | 25.20 | 0.478 times |
| 08 Fri Nov 2024 | 25.44 | 24.23 | 25.99 | 24.23 | 2.06 times |
| 07 Thu Nov 2024 | 25.08 | 24.15 | 25.74 | 24.15 | 0.41 times |
| 06 Wed Nov 2024 | 25.05 | 25.88 | 25.88 | 24.19 | 0.393 times |
| 05 Tue Nov 2024 | 25.07 | 27.39 | 27.39 | 25.00 | 1.576 times |
| 04 Mon Nov 2024 | 26.25 | 26.70 | 26.70 | 25.03 | 2.131 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 24.4 as stoploss in an intra day buy trade for a target of 25.06. However, stock will show a bearish move below 24.4.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 23.10 |
| Upside Target | 25.98 |
| Upside Target | 26.50 |
| Upside Target | 26.92 |
| Upside Target | 27.04 |
| Upside Target | 27.39 |
| Upside Target | 27.89 |
| Upside Target | 29.20 |
| Upside Target | 30.70 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 23.88 |
| Downside Intraday Target | 23.18 |
| Upside Intraday Target | 25.05 |
| Upside Intraday Target | 25.52 |
| Downside Intraday Target | 24.35 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 24.57 | 24.82 | 24.83 | 23.66 | 0.435 times |
| 14 Thu Nov 2024 | 24.33 | 26.00 | 26.50 | 23.55 | 0.492 times |
| 08 Fri Nov 2024 | 25.44 | 26.70 | 27.39 | 24.15 | 3.13 times |
| 01 Fri Nov 2024 | 26.20 | 24.53 | 27.04 | 24.37 | 0.541 times |
| 25 Fri Oct 2024 | 23.56 | 25.98 | 25.98 | 23.56 | 0.274 times |
Price has moved up 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 |
| 18 Mon Nov 2024 | 24.57 | 26.80 | 27.39 | 23.55 | 0.454 times |
| 31 Thu Oct 2024 | 25.78 | 25.20 | 26.92 | 23.10 | 0.855 times |
| 30 Mon Sep 2024 | 25.20 | 27.89 | 27.89 | 23.71 | 0.92 times |
| 30 Fri Aug 2024 | 26.98 | 25.99 | 29.20 | 23.91 | 0.279 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 25.2 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 25.2 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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