(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 2024-11-28 View latest technical analysis
10 day averaged volume of Mercantile is 5755
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 22.87 | 23.50 | 23.50 | 22.62 | 0.745 times |
| 27 Wed Nov 2024 | 23.08 | 24.09 | 24.25 | 23.08 | 2.577 times |
| 26 Tue Nov 2024 | 23.10 | 22.98 | 24.40 | 22.98 | 1.436 times |
| 25 Mon Nov 2024 | 23.45 | 22.59 | 24.37 | 22.59 | 1.059 times |
| 22 Fri Nov 2024 | 23.40 | 24.87 | 24.87 | 23.33 | 1.402 times |
| 21 Thu Nov 2024 | 23.75 | 24.00 | 24.12 | 23.70 | 0.172 times |
| 19 Tue Nov 2024 | 24.13 | 24.98 | 24.98 | 24.02 | 0.204 times |
| 18 Mon Nov 2024 | 24.57 | 24.82 | 24.83 | 23.66 | 1.065 times |
| 14 Thu Nov 2024 | 24.33 | 24.20 | 25.00 | 23.55 | 0.654 times |
| 13 Wed Nov 2024 | 24.40 | 26.15 | 26.45 | 24.24 | 1.097 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.6, but if it comes above 23.6, then a intra day buy could be more profitable.
If you take a sell trade below 23.6, then use 23.6 as stoploss and 22.3 as target. However if you take a buy trade in stock , then use 23.6 as stoploss and 24.63 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.59 |
| Upside Target | 23.10 |
| Upside Target | 24.98 |
| 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 | 22.17 |
| Downside Intraday Target | 21.48 |
| Upside Intraday Target | 23.98 |
| Upside Intraday Target | 25.1 |
| Upside Intraday Target | 23.29 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 22.87 | 22.59 | 24.40 | 22.59 | 2.046 times |
| 22 Fri Nov 2024 | 23.40 | 24.82 | 24.98 | 23.33 | 1.162 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 22.87 | 26.80 | 27.39 | 22.59 | 0.854 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 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 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 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 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 SELL signal in short term but selling is losing 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 23.55 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 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 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 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 SELL signal in short term but selling is losing 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 23.55 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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