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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 8402

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 25.19 25.19 25.19 25.19 1.598 times
20 Thu Jun 2024 22.90 21.45 22.90 20.17 3.441 times
19 Wed Jun 2024 20.82 21.55 22.47 20.50 0.885 times
18 Tue Jun 2024 21.51 21.85 22.60 21.15 0.978 times
14 Fri Jun 2024 22.10 22.60 22.60 21.30 0.542 times
13 Thu Jun 2024 22.10 22.60 22.60 21.30 0.542 times
12 Wed Jun 2024 21.94 22.60 22.60 21.50 0.26 times
11 Tue Jun 2024 21.25 22.00 22.00 21.07 1.374 times
10 Mon Jun 2024 21.90 20.04 22.00 20.04 0.856 times
07 Fri Jun 2024 20.04 20.35 21.15 19.25 0.758 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 24.1, for a target of 22.4 or 20.98

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.61
Downside Target 20.98
Downside Target 22.55
Downside Target 22.60
Downside Target 23.20
Downside Target 24.30
Downside Target 24.70
Downside Target 25.19
Upside Target 26.00
Upside Target 29.27

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 21.84
Downside Intraday Target 18.5
Upside Intraday Target 26.86
Upside Intraday Target 28.54
Downside Intraday Target 23.52

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 25.19 21.85 25.19 20.17 1.931 times
14 Fri Jun 2024 22.10 20.04 22.60 20.04 1.306 times
07 Fri Jun 2024 20.04 19.47 21.15 19.09 0.964 times
31 Fri May 2024 19.87 20.06 20.98 19.00 0.605 times
24 Fri May 2024 20.06 22.55 22.55 19.88 2.335 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
21 Fri Jun 2024 25.19 19.47 25.19 19.09 1.118 times
31 Fri May 2024 19.87 24.00 24.70 19.00 1.552 times
30 Tue Apr 2024 24.00 20.15 24.30 19.61 0.873 times
28 Thu Mar 2024 20.55 23.85 26.00 20.10 0.568 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 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 short 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Mercantile in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 22.37 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 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 short 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Mercantile in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 22.37 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.

Click here for Mercantile charts

Click here for further forecast and predictions for tomorrow

Daily charts

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