(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 2024-01-29 View latest technical analysis
10 day averaged volume of Mercantile is 23501
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 28.55 | 29.20 | 30.00 | 27.01 | 0.397 times |
| 25 Thu Jan 2024 | 28.50 | 28.98 | 29.70 | 28.30 | 0.361 times |
| 24 Wed Jan 2024 | 28.98 | 29.28 | 30.87 | 28.50 | 0.333 times |
| 23 Tue Jan 2024 | 29.88 | 30.90 | 32.00 | 29.20 | 0.333 times |
| 22 Mon Jan 2024 | 30.77 | 30.80 | 32.60 | 29.74 | 0.489 times |
| 19 Fri Jan 2024 | 29.73 | 29.99 | 30.90 | 28.75 | 0.833 times |
| 18 Thu Jan 2024 | 28.74 | 28.05 | 29.00 | 27.00 | 0.797 times |
| 17 Wed Jan 2024 | 27.47 | 29.44 | 29.44 | 26.42 | 0.662 times |
| 16 Tue Jan 2024 | 28.58 | 30.55 | 30.55 | 27.85 | 0.977 times |
| 15 Mon Jan 2024 | 29.95 | 32.13 | 32.50 | 29.55 | 1.554 times |
My analysis of stock is bullish for shortterm, and stock might move up till 31.4 or till 35.6. Use a stoploss of 27.81 and if this stock hits its stoploss, then it can fall down till 24.25
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 20.40 |
| Downside Target | 21.00 |
| Downside Target | 21.52 |
| Downside Target | 22.41 |
| Downside Target | 23.30 |
| Downside Target | 24.12 |
| Downside Target | 24.99 |
| Downside Target | 26.42 |
| Downside Target | 27.00 |
| Downside Target | 28.30 |
| Upside Target | 30.00 |
| 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 | 27.04 |
| Downside Intraday Target | 25.53 |
| Upside Intraday Target | 30.03 |
| Upside Intraday Target | 31.51 |
| Downside Intraday Target | 28.52 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 28.55 | 29.20 | 30.00 | 27.01 | 0.262 times |
| 25 Thu Jan 2024 | 28.50 | 30.80 | 32.60 | 28.30 | 0.314 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 |
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 |
| 29 Mon Jan 2024 | 28.55 | 23.65 | 37.14 | 22.41 | 4.505 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 29.18 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.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term but the sell signal is initial and weak.
Mercantile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 29.18 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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