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(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)

10 day averaged volume of Mercantile is 9101

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 18.90 19.15 21.00 16.00 1.097 times
17 Thu Jun 2021 20.00 17.25 20.85 17.25 1.415 times
16 Wed Jun 2021 19.00 18.25 19.85 18.25 0.674 times
15 Tue Jun 2021 19.35 19.50 20.50 19.10 0.827 times
14 Mon Jun 2021 20.35 20.80 20.80 17.40 1.546 times
11 Fri Jun 2021 19.85 19.75 20.30 18.20 0.054 times
10 Thu Jun 2021 19.75 20.45 20.50 19.25 0.388 times
09 Wed Jun 2021 19.05 18.75 20.65 18.20 0.496 times
08 Tue Jun 2021 19.10 20.15 21.00 18.50 0.736 times
07 Mon Jun 2021 19.15 19.75 20.90 18.25 1.632 times

My analysis of stock is bullish for shortterm, and stock might move up till 19.8 or till 21. Use a stoploss of 18.83 and if this stock hits its stoploss, then it can fall down till 17.82

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 11.60
Downside Target 12.50
Downside Target 13.25
Downside Target 14.22
Downside Target 15.60
Downside Target 16.00
Downside Target 18.15
Upside Target 19.00
Upside Target 19.85
Upside Target 20.50
Upside Target 20.90
Upside Target 21.00

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 16.27
Downside Intraday Target 13.63
Upside Intraday Target 21.27
Upside Intraday Target 23.63
Downside Intraday Target 18.63

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 18.90 20.80 21.00 16.00 1.681 times
11 Fri Jun 2021 19.85 19.75 21.00 18.20 0.47 times
04 Fri Jun 2021 19.75 17.75 20.90 16.05 1.689 times
28 Fri May 2021 17.40 17.90 19.85 16.30 1.123 times
21 Fri May 2021 17.00 17.60 19.00 15.60 0.334 times

Price has moved down 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
18 Fri Jun 2021 18.90 17.95 21.00 16.00 0.726 times
31 Mon May 2021 17.60 13.25 20.50 13.25 2.046 times
30 Fri Apr 2021 15.17 12.70 18.15 12.50 1.67 times
31 Wed Mar 2021 12.94 12.50 14.22 11.60 0.471 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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 16, 21 Sell
MACD 2, 2Sell
Stochastics 59None
CCI -212Sell
RSI 58Buy
OBV 11592Sell
VWAP 19Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mercantile in short term but the sell 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. 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 SELL signal for Mercantile in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 19.49 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 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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Daily charts

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