(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 2025-05-16 View latest technical analysis
10 day averaged volume of Mercantile is 1601
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri May 2025 | 22.80 | 22.57 | 24.00 | 22.57 | 2.062 times |
| 15 Thu May 2025 | 23.19 | 24.75 | 24.75 | 22.40 | 1.213 times |
| 14 Wed May 2025 | 22.67 | 25.90 | 25.90 | 22.14 | 1.029 times |
| 13 Tue May 2025 | 23.38 | 22.89 | 24.50 | 22.06 | 1.141 times |
| 12 Mon May 2025 | 22.89 | 22.32 | 23.65 | 21.95 | 1.855 times |
| 09 Fri May 2025 | 21.55 | 21.82 | 22.36 | 21.55 | 0.89 times |
| 08 Thu May 2025 | 21.61 | 21.99 | 22.09 | 21.61 | 0.324 times |
| 07 Wed May 2025 | 21.51 | 22.00 | 22.58 | 20.52 | 1.07 times |
| 06 Tue May 2025 | 21.82 | 23.00 | 23.00 | 21.70 | 1.626 times |
| 05 Mon May 2025 | 23.00 | 22.00 | 23.38 | 21.73 | 0.49 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 bearish for shortterm, and stock might move down till 22 or till 21. Use a stoploss of 22.81 and if the stock hits stoploss, then it can shoot up till 23.65
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.51 |
| Downside Target | 20.52 |
| Downside Target | 21.78 |
| Upside Target | 23.30 |
| Upside Target | 24.70 |
| Upside Target | 25.00 |
| Upside Target | 25.40 |
| Upside Target | 25.90 |
| Upside Target | 26.74 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 21.2 |
| Downside Intraday Target | 19.6 |
| Upside Intraday Target | 25.15 |
| Upside Intraday Target | 27.5 |
| Upside Intraday Target | 23.55 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri May 2025 | 22.80 | 22.32 | 25.90 | 21.95 | 1.659 times |
| 09 Fri May 2025 | 21.55 | 22.00 | 23.38 | 20.52 | 0.284 times |
| 02 Fri May 2025 | 22.17 | 22.54 | 25.40 | 22.00 | 1.237 times |
| 25 Fri Apr 2025 | 22.54 | 22.90 | 25.00 | 22.06 | 0.824 times |
| 17 Thu Apr 2025 | 22.90 | 23.66 | 25.00 | 22.01 | 0.273 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 |
| 16 Fri May 2025 | 22.80 | 22.35 | 25.90 | 20.52 | 0.106 times |
| 30 Wed Apr 2025 | 23.00 | 19.00 | 26.74 | 19.00 | 1.546 times |
| 28 Fri Mar 2025 | 19.43 | 19.73 | 21.78 | 19.03 | 1.429 times |
| 28 Fri Feb 2025 | 19.73 | 23.26 | 23.30 | 19.51 | 1.39 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer 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.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.53 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 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer 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.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercantile in short term but SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.53 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 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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