(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 2024-12-04 View latest technical analysis
10 day averaged volume of Mercantile is 9946
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 23.49 | 23.10 | 23.70 | 23.10 | 0.265 times |
| 03 Tue Dec 2024 | 23.02 | 23.55 | 24.18 | 22.91 | 1.764 times |
| 02 Mon Dec 2024 | 23.59 | 24.98 | 24.98 | 23.50 | 0.927 times |
| 29 Fri Nov 2024 | 23.85 | 22.87 | 24.01 | 22.30 | 2.915 times |
| 28 Thu Nov 2024 | 22.87 | 23.50 | 23.50 | 22.62 | 0.431 times |
| 27 Wed Nov 2024 | 23.08 | 24.09 | 24.25 | 23.08 | 1.491 times |
| 26 Tue Nov 2024 | 23.10 | 22.98 | 24.40 | 22.98 | 0.831 times |
| 25 Mon Nov 2024 | 23.45 | 22.59 | 24.37 | 22.59 | 0.613 times |
| 22 Fri Nov 2024 | 23.40 | 24.87 | 24.87 | 23.33 | 0.811 times |
| 21 Thu Nov 2024 | 23.75 | 24.00 | 24.12 | 23.70 | 0.099 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 23.2 as stoploss in an intra day buy trade for a target of 24.15. However, stock will show a bearish move below 23.2.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.30 |
| Downside Target | 22.91 |
| Upside Target | 24.98 |
| Upside Target | 26.50 |
| Upside Target | 26.92 |
| Upside Target | 27.39 |
| Upside Target | 27.89 |
| Upside Target | 29.20 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 22.61 |
| Downside Intraday Target | 21.72 |
| Upside Intraday Target | 24.68 |
| Upside Intraday Target | 25.86 |
| Upside Intraday Target | 23.79 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 23.49 | 24.98 | 24.98 | 22.91 | 0.471 times |
| 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 |
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 Dec 2024 | 23.49 | 24.98 | 24.98 | 22.91 | 0.24 times |
| 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 |
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 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 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 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 gaining 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 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 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 23.4 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 gaining 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 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 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 23.4 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Mercantile charts
Click here for further forecast and predictions for tomorrow