(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 2024-06-13 View latest technical analysis
10 day averaged volume of Mercantile is 5117
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 22.10 | 22.60 | 22.60 | 21.30 | 0.89 times |
| 12 Wed Jun 2024 | 21.94 | 22.60 | 22.60 | 21.50 | 0.426 times |
| 11 Tue Jun 2024 | 21.25 | 22.00 | 22.00 | 21.07 | 2.257 times |
| 10 Mon Jun 2024 | 21.90 | 20.04 | 22.00 | 20.04 | 1.406 times |
| 07 Fri Jun 2024 | 20.04 | 20.35 | 21.15 | 19.25 | 1.244 times |
| 06 Thu Jun 2024 | 20.35 | 19.60 | 20.43 | 19.51 | 0.597 times |
| 05 Wed Jun 2024 | 20.46 | 21.00 | 21.00 | 19.57 | 0.97 times |
| 04 Tue Jun 2024 | 20.58 | 20.99 | 20.99 | 19.09 | 1.243 times |
| 03 Mon Jun 2024 | 20.09 | 19.47 | 20.74 | 19.47 | 0.44 times |
| 31 Fri May 2024 | 19.87 | 19.85 | 20.27 | 19.85 | 1.213 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.6, but if it comes below 21.6, then a intra day sell could be more profitable.
If you take a sell trade below 21.6, then use 21.6 as stoploss and 20.67 as target. However if you take a buy trade in stock , then use 21.6 as stoploss and 22.7 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 20.98 |
| Upside Target | 22.49 |
| Upside Target | 22.55 |
| Upside Target | 22.60 |
| Upside Target | 23.20 |
| Upside Target | 24.30 |
| 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 | 20.56 |
| Downside Intraday Target | 19.02 |
| Upside Intraday Target | 23.12 |
| Upside Intraday Target | 24.14 |
| Downside Intraday Target | 21.58 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 22.10 | 20.04 | 22.60 | 20.04 | 1.108 times |
| 07 Fri Jun 2024 | 20.04 | 19.47 | 21.15 | 19.09 | 0.964 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 |
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 |
| 13 Thu Jun 2024 | 22.10 | 19.47 | 22.60 | 19.09 | 0.488 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.89 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 20.89 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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