(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 2025-01-15 View latest technical analysis
10 day averaged volume of Mercantile is 2520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed Jan 2025 | 23.65 | 23.74 | 23.74 | 22.15 | 0.723 times |
| 14 Tue Jan 2025 | 22.50 | 22.21 | 23.79 | 22.10 | 0.348 times |
| 13 Mon Jan 2025 | 22.21 | 23.00 | 24.00 | 22.10 | 0.432 times |
| 10 Fri Jan 2025 | 22.55 | 23.54 | 23.66 | 22.52 | 0.329 times |
| 09 Thu Jan 2025 | 23.55 | 22.69 | 24.19 | 22.61 | 1.35 times |
| 08 Wed Jan 2025 | 23.33 | 23.10 | 23.43 | 22.90 | 0.694 times |
| 07 Tue Jan 2025 | 22.96 | 23.51 | 23.51 | 22.56 | 0.249 times |
| 06 Mon Jan 2025 | 23.51 | 23.55 | 24.50 | 22.75 | 3.662 times |
| 03 Fri Jan 2025 | 23.55 | 22.32 | 23.80 | 22.32 | 0.46 times |
| 02 Thu Jan 2025 | 23.30 | 24.00 | 24.00 | 23.26 | 0.179 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.8 as stoploss in an intra day sell trade for a target of 23.31. However, stock will show a bullish move above 23.8.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 23.10 |
| Upside Target | 23.71 |
| Upside Target | 24.50 |
| Upside Target | 24.70 |
| Upside Target | 24.75 |
| Upside Target | 24.98 |
| Upside Target | 26.92 |
| Upside Target | 27.39 |
| Upside Target | 27.89 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 22.5 |
| Downside Intraday Target | 21.35 |
| Upside Intraday Target | 24.4 |
| Upside Intraday Target | 25.15 |
| Downside Intraday Target | 23.25 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed Jan 2025 | 23.65 | 23.00 | 24.00 | 22.10 | 0.239 times |
| 10 Fri Jan 2025 | 22.55 | 23.55 | 24.50 | 22.52 | 0.978 times |
| 03 Fri Jan 2025 | 23.55 | 23.01 | 24.70 | 22.32 | 0.752 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 |
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 |
| 15 Wed Jan 2025 | 23.65 | 23.94 | 24.70 | 22.10 | 0.261 times |
| 31 Tue Dec 2024 | 23.06 | 24.98 | 24.98 | 22.19 | 0.848 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 |
Scroll below to view daily charts
Price has moved up 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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.35 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 positive
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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.35 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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