(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 2024-01-19 View latest technical analysis
10 day averaged volume of Mercantile is 66705
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 29.73 | 29.99 | 30.90 | 28.75 | 0.293 times |
18 Thu Jan 2024 | 28.74 | 28.05 | 29.00 | 27.00 | 0.281 times |
17 Wed Jan 2024 | 27.47 | 29.44 | 29.44 | 26.42 | 0.233 times |
16 Tue Jan 2024 | 28.58 | 30.55 | 30.55 | 27.85 | 0.344 times |
15 Mon Jan 2024 | 29.95 | 32.13 | 32.50 | 29.55 | 0.548 times |
12 Fri Jan 2024 | 32.13 | 35.96 | 37.14 | 30.86 | 1.29 times |
11 Thu Jan 2024 | 33.95 | 34.99 | 36.36 | 31.11 | 3.255 times |
10 Wed Jan 2024 | 33.34 | 33.34 | 33.34 | 31.99 | 2.428 times |
09 Tue Jan 2024 | 27.79 | 23.15 | 27.79 | 23.15 | 1.487 times |
08 Mon Jan 2024 | 23.16 | 23.45 | 24.50 | 22.62 | 0.088 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 30.1 as stoploss in an intra day sell trade for a target of 26.17. However, stock will show a bullish move above 30.1.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 20.40 |
Downside Target | 21.00 |
Downside Target | 21.52 |
Downside Target | 22.05 |
Downside Target | 23.30 |
Downside Target | 24.00 |
Downside Target | 24.50 |
Downside Target | 24.99 |
Downside Target | 26.42 |
Downside Target | 27.00 |
Upside Target | 32.50 |
Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 26.6 |
Downside Intraday Target | 23.47 |
Upside Intraday Target | 32.68 |
Upside Intraday Target | 35.63 |
Downside Intraday Target | 29.55 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Jan 2024 | 29.73 | 32.13 | 32.50 | 26.42 | 0.199 times |
12 Fri Jan 2024 | 32.13 | 23.45 | 37.14 | 22.62 | 17.011 times |
05 Fri Jan 2024 | 23.03 | 23.65 | 24.12 | 22.41 | 0.839 times |
29 Fri Dec 2023 | 23.19 | 23.30 | 24.00 | 22.05 | 1.38 times |
22 Fri Dec 2023 | 22.62 | 22.50 | 23.45 | 21.52 | 0.687 times |
Price has moved down 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 |
19 Fri Jan 2024 | 29.73 | 23.65 | 37.14 | 22.41 | 4.24 times |
29 Fri Dec 2023 | 23.19 | 22.05 | 27.00 | 21.52 | 1.475 times |
30 Thu Nov 2023 | 22.16 | 21.39 | 23.30 | 21.00 | 0.798 times |
31 Tue Oct 2023 | 21.39 | 22.79 | 24.50 | 20.45 | 0.917 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 weakening, and bulls are picking up momentum!
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 but buying is losing 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 31.78 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 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 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 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 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 weakening, and bulls are picking up momentum!
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 but buying is losing 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 31.78 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 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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