(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 2024-06-05 View latest technical analysis
10 day averaged volume of Mercantile is 6986
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 20.46 | 21.00 | 21.00 | 19.57 | 0.71 times |
04 Tue Jun 2024 | 20.58 | 20.99 | 20.99 | 19.09 | 0.91 times |
03 Mon Jun 2024 | 20.09 | 19.47 | 20.74 | 19.47 | 0.323 times |
31 Fri May 2024 | 19.87 | 19.85 | 20.27 | 19.85 | 0.889 times |
30 Thu May 2024 | 19.31 | 19.99 | 19.99 | 19.24 | 0.149 times |
29 Wed May 2024 | 19.54 | 19.35 | 19.81 | 19.00 | 0.532 times |
28 Tue May 2024 | 19.30 | 20.98 | 20.98 | 19.20 | 1.13 times |
27 Mon May 2024 | 20.19 | 20.06 | 20.75 | 19.99 | 0.715 times |
24 Fri May 2024 | 20.06 | 21.34 | 21.79 | 19.88 | 3.196 times |
23 Thu May 2024 | 20.92 | 21.00 | 21.37 | 20.44 | 0.66 times |
My analysis of stock is bearish for shortterm, and stock might move down till 19.9 or till 18.8. Use a stoploss of 20.8 and if the stock hits stoploss, then it can shoot up till 21.73
Share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Target | 19.00 |
Downside Target | 19.61 |
Upside Target | 20.98 |
Upside Target | 22.49 |
Upside Target | 22.55 |
Upside Target | 23.20 |
Upside Target | 24.30 |
Upside Target | 24.48 |
Upside Target | 24.70 |
Upside Target | 26.00 |
Upside Target | 29.27 |
Intraday share price targets for Mercantile (Mercantile)
Target Type | Value |
Downside Intraday Target | 19.37 |
Downside Intraday Target | 18.27 |
Upside Intraday Target | 21.28 |
Upside Intraday Target | 22.09 |
Downside Intraday Target | 20.18 |
Weekly technical analysis of Mercantile (Mercantile)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 20.46 | 19.47 | 21.00 | 19.09 | 0.569 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 |
18 Sat May 2024 | 22.20 | 21.99 | 22.49 | 20.16 | 1.139 times |
10 Fri May 2024 | 21.36 | 24.48 | 24.48 | 21.02 | 1.227 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 |
05 Wed Jun 2024 | 20.46 | 19.47 | 21.00 | 19.09 | 0.137 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 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 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 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 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 SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 20.06 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 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 SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 20.06 and Mercantile (Mercantile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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