(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 2024-04-09 View latest technical analysis
10 day averaged volume of Mercantile is 5365
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 23.00 | 23.55 | 23.83 | 21.65 | 0.595 times |
08 Mon Apr 2024 | 22.77 | 24.29 | 24.29 | 22.05 | 0.315 times |
05 Fri Apr 2024 | 23.14 | 22.73 | 23.85 | 22.40 | 0.753 times |
04 Thu Apr 2024 | 22.73 | 23.00 | 23.49 | 22.70 | 0.665 times |
03 Wed Apr 2024 | 22.38 | 21.95 | 22.38 | 21.95 | 0.414 times |
02 Tue Apr 2024 | 21.32 | 21.35 | 21.92 | 20.50 | 0.585 times |
01 Mon Apr 2024 | 21.20 | 20.15 | 21.57 | 19.61 | 0.229 times |
28 Thu Mar 2024 | 20.55 | 21.30 | 21.48 | 20.15 | 0.671 times |
27 Wed Mar 2024 | 21.16 | 21.50 | 21.84 | 20.24 | 2.029 times |
26 Tue Mar 2024 | 20.96 | 21.51 | 21.88 | 20.85 | 2.549 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.7, but if it comes below 22.7, then a intra day sell could be more profitable.
If you take a sell trade below 22.7, then use 22.7 as stoploss and 21.94 as target. However if you take a buy trade in stock , then use 22.7 as stoploss and 23.7 as target.
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 19.61 |
Downside Target | 20.10 |
Downside Target | 21.51 |
Downside Target | 22.41 |
Upside Target | 23.04 |
Upside Target | 23.85 |
Upside Target | 24.29 |
Upside Target | 24.74 |
Upside Target | 26.00 |
Upside Target | 27.00 |
Upside Target | 29.27 |
Upside Target | 37.14 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 21.67 |
Downside Intraday Target | 20.34 |
Upside Intraday Target | 24.31 |
Upside Intraday Target | 25.62 |
Downside Intraday Target | 22.98 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 23.00 | 24.29 | 24.29 | 21.65 | 0.344 times |
05 Fri Apr 2024 | 23.14 | 20.15 | 23.85 | 19.61 | 0.504 times |
28 Thu Mar 2024 | 20.55 | 21.51 | 21.88 | 20.15 | 1.413 times |
22 Fri Mar 2024 | 21.23 | 21.67 | 23.04 | 20.10 | 1.815 times |
15 Fri Mar 2024 | 21.67 | 24.74 | 24.74 | 21.51 | 0.977 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 |
09 Tue Apr 2024 | 23.00 | 20.15 | 24.29 | 19.61 | 0.26 times |
28 Thu Mar 2024 | 20.55 | 23.85 | 26.00 | 20.10 | 0.568 times |
29 Thu Feb 2024 | 23.95 | 28.91 | 29.27 | 23.20 | 0.164 times |
31 Wed Jan 2024 | 28.49 | 23.65 | 37.14 | 22.41 | 4.657 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
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 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 moving up
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 21.59 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 negative.
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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
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 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 moving up
CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.
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 21.59 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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