(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 2024-12-24 View latest technical analysis
10 day averaged volume of Mercantile is 4490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 23.69 | 23.86 | 24.75 | 22.75 | 2.337 times |
| 23 Mon Dec 2024 | 24.35 | 22.19 | 24.39 | 22.19 | 1.547 times |
| 20 Fri Dec 2024 | 22.75 | 23.25 | 23.73 | 22.32 | 1.625 times |
| 19 Thu Dec 2024 | 23.75 | 23.95 | 23.98 | 23.00 | 0.724 times |
| 18 Wed Dec 2024 | 23.69 | 22.40 | 23.96 | 22.40 | 0.617 times |
| 17 Tue Dec 2024 | 23.51 | 24.10 | 24.10 | 23.47 | 0.457 times |
| 16 Mon Dec 2024 | 23.97 | 23.80 | 24.40 | 23.45 | 0.949 times |
| 13 Fri Dec 2024 | 23.19 | 23.72 | 23.72 | 23.15 | 0.474 times |
| 12 Thu Dec 2024 | 23.14 | 23.98 | 23.98 | 22.80 | 0.452 times |
| 11 Wed Dec 2024 | 23.61 | 23.67 | 23.97 | 22.90 | 2.231 times |
Stock of Mercantile (Mercantile) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 23.9 or till 24.3. Use a stoploss of 23.5 and if this stock hits its stoploss, then it can fall down till 23.12
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.19 |
| Downside Target | 22.80 |
| Upside Target | 23.71 |
| Upside Target | 24.40 |
| Upside Target | 24.75 |
| Upside Target | 24.98 |
| 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 | 22.34 |
| Downside Intraday Target | 20.98 |
| Upside Intraday Target | 24.9 |
| Upside Intraday Target | 26.1 |
| Downside Intraday Target | 23.54 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 23.69 | 22.19 | 24.75 | 22.19 | 0.889 times |
| 20 Fri Dec 2024 | 22.75 | 23.80 | 24.40 | 22.32 | 0.939 times |
| 13 Fri Dec 2024 | 23.19 | 23.99 | 23.99 | 22.80 | 0.636 times |
| 06 Fri Dec 2024 | 23.62 | 24.98 | 24.98 | 22.91 | 0.526 times |
| 29 Fri Nov 2024 | 23.85 | 22.59 | 24.40 | 22.30 | 3.818 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 |
| 24 Tue Dec 2024 | 23.69 | 24.98 | 24.98 | 22.19 | 0.742 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Mercantile in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
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 23.61 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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Mercantile in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
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 23.61 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 is giving positive 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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