(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 2024-11-29 View latest technical analysis
10 day averaged volume of Mercantile is 5992
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 23.85 | 22.87 | 24.01 | 22.30 | 4.838 times |
| 28 Thu Nov 2024 | 22.87 | 23.50 | 23.50 | 22.62 | 0.716 times |
| 27 Wed Nov 2024 | 23.08 | 24.09 | 24.25 | 23.08 | 2.475 times |
| 26 Tue Nov 2024 | 23.10 | 22.98 | 24.40 | 22.98 | 1.379 times |
| 25 Mon Nov 2024 | 23.45 | 22.59 | 24.37 | 22.59 | 1.017 times |
| 22 Fri Nov 2024 | 23.40 | 24.87 | 24.87 | 23.33 | 1.347 times |
| 21 Thu Nov 2024 | 23.75 | 24.00 | 24.12 | 23.70 | 0.165 times |
| 19 Tue Nov 2024 | 24.13 | 24.98 | 24.98 | 24.02 | 0.196 times |
| 18 Mon Nov 2024 | 24.57 | 24.82 | 24.83 | 23.66 | 1.023 times |
| 14 Thu Nov 2024 | 24.33 | 24.20 | 25.00 | 23.55 | 0.628 times |
Stock of Mercantile (Mercantile) has showed a significant upmove. This could be a good time to enter in this stock!
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 23.5 as stoploss in an intra day buy trade for a target of 24.56. However, stock will show a bearish move below 23.5.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.30 |
| Downside 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 | 22.63 |
| Downside Intraday Target | 21.42 |
| Upside Intraday Target | 24.73 |
| Upside Intraday Target | 25.62 |
| Downside Intraday Target | 23.52 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 23.85 | 22.59 | 24.40 | 22.30 | 3.818 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 up 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 |
| 29 Fri Nov 2024 | 23.85 | 26.80 | 27.39 | 22.30 | 1.119 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 and the buying is gaining 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 23.59 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 and the buying is gaining 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 23.59 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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