(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 2024-12-30 View latest technical analysis
10 day averaged volume of Mercantile is 4330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 23.30 | 23.01 | 23.40 | 22.60 | 1.523 times |
| 27 Fri Dec 2024 | 23.13 | 23.46 | 23.93 | 23.01 | 0.352 times |
| 26 Thu Dec 2024 | 23.46 | 23.81 | 23.81 | 22.85 | 0.596 times |
| 24 Tue Dec 2024 | 23.69 | 23.86 | 24.75 | 22.75 | 2.424 times |
| 23 Mon Dec 2024 | 24.35 | 22.19 | 24.39 | 22.19 | 1.604 times |
| 20 Fri Dec 2024 | 22.75 | 23.25 | 23.73 | 22.32 | 1.685 times |
| 19 Thu Dec 2024 | 23.75 | 23.95 | 23.98 | 23.00 | 0.75 times |
| 18 Wed Dec 2024 | 23.69 | 22.40 | 23.96 | 22.40 | 0.639 times |
| 17 Tue Dec 2024 | 23.51 | 24.10 | 24.10 | 23.47 | 0.474 times |
| 16 Mon Dec 2024 | 23.97 | 23.80 | 24.40 | 23.45 | 0.984 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 23.51. However, stock will show a bearish move below 23.2.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.19 |
| Upside Target | 23.99 |
| 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 | 22.8 |
| Downside Intraday Target | 22.3 |
| Upside Intraday Target | 23.6 |
| Upside Intraday Target | 23.9 |
| Downside Intraday Target | 23.1 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Dec 2024 | 23.30 | 23.01 | 23.40 | 22.60 | 0.306 times |
| 27 Fri Dec 2024 | 23.13 | 22.19 | 24.75 | 22.19 | 1.098 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 |
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 |
| 30 Mon Dec 2024 | 23.30 | 24.98 | 24.98 | 22.19 | 0.83 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Mercantile in short term but the buy signal is initial and weak.
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 SELL signal for Mercantile in short term and SELL 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 23.58 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Mercantile in short term but the buy signal is initial and weak.
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 SELL signal for Mercantile in short term and SELL 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 23.58 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 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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