(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 2024-01-23 View latest technical analysis
10 day averaged volume of Mercantile is 68913
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 29.88 | 30.90 | 32.00 | 29.20 | 0.114 times |
| 22 Mon Jan 2024 | 30.77 | 30.80 | 32.60 | 29.74 | 0.167 times |
| 19 Fri Jan 2024 | 29.73 | 29.99 | 30.90 | 28.75 | 0.284 times |
| 18 Thu Jan 2024 | 28.74 | 28.05 | 29.00 | 27.00 | 0.272 times |
| 17 Wed Jan 2024 | 27.47 | 29.44 | 29.44 | 26.42 | 0.226 times |
| 16 Tue Jan 2024 | 28.58 | 30.55 | 30.55 | 27.85 | 0.333 times |
| 15 Mon Jan 2024 | 29.95 | 32.13 | 32.50 | 29.55 | 0.53 times |
| 12 Fri Jan 2024 | 32.13 | 35.96 | 37.14 | 30.86 | 1.248 times |
| 11 Thu Jan 2024 | 33.95 | 34.99 | 36.36 | 31.11 | 3.15 times |
| 10 Wed Jan 2024 | 33.34 | 33.34 | 33.34 | 31.99 | 2.351 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 30.9 as stoploss in an intra day sell trade for a target of 26.94. However, stock will show a bullish move above 30.9.
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 | 24.99 |
| Downside Target | 26.42 |
| Downside Target | 27.00 |
| Downside Target | 29.20 |
| Upside Target | 32.50 |
| Upside Target | 32.60 |
| Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 28.52 |
| Downside Intraday Target | 27.16 |
| Upside Intraday Target | 31.92 |
| Upside Intraday Target | 33.96 |
| Upside Intraday Target | 30.56 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 29.88 | 30.80 | 32.60 | 29.20 | 0.17 times |
| 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 |
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 |
| 23 Tue Jan 2024 | 29.88 | 23.65 | 37.14 | 22.41 | 4.354 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 above the green 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
Although the stock is in the BUY zone, but buying 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 32.49 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 above the green 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
Although the stock is in the BUY zone, but buying 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 32.49 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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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