(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 2024-07-11 View latest technical analysis
10 day averaged volume of Mercantile is 64048
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 26.61 | 26.79 | 26.96 | 25.59 | 0.182 times |
| 10 Wed Jul 2024 | 25.68 | 26.50 | 26.64 | 25.51 | 0.238 times |
| 09 Tue Jul 2024 | 25.38 | 26.00 | 26.00 | 25.08 | 0.624 times |
| 08 Mon Jul 2024 | 26.40 | 27.22 | 27.78 | 26.40 | 0.203 times |
| 05 Fri Jul 2024 | 27.78 | 30.70 | 30.70 | 27.78 | 0.969 times |
| 04 Thu Jul 2024 | 29.24 | 28.93 | 29.69 | 26.90 | 0.483 times |
| 03 Wed Jul 2024 | 28.28 | 26.12 | 28.86 | 26.12 | 2.664 times |
| 02 Tue Jul 2024 | 27.49 | 27.49 | 28.35 | 27.49 | 1.252 times |
| 01 Mon Jul 2024 | 28.93 | 28.93 | 28.93 | 28.93 | 0.144 times |
| 28 Fri Jun 2024 | 30.45 | 33.65 | 33.65 | 30.45 | 3.24 times |
My analysis of stock is bullish for shortterm, and stock might move up till 29.6 or till 33.4. Use a stoploss of 26.39 and if this stock hits its stoploss, then it can fall down till 23.21
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 20.04 |
| Downside Target | 22.60 |
| Downside Target | 24.30 |
| Downside Target | 26.00 |
| Downside Target | 26.12 |
| Upside Target | 27.78 |
| Upside Target | 30.70 |
| Upside Target | 33.65 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 25.2 |
| Downside Intraday Target | 23.79 |
| Upside Intraday Target | 27.9 |
| Upside Intraday Target | 29.19 |
| Downside Intraday Target | 26.49 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 26.61 | 27.22 | 27.78 | 25.08 | 0.226 times |
| 05 Fri Jul 2024 | 27.78 | 28.93 | 30.70 | 26.12 | 1.256 times |
| 28 Fri Jun 2024 | 30.45 | 25.19 | 33.65 | 25.19 | 4.847 times |
| 21 Fri Jun 2024 | 25.19 | 21.85 | 25.19 | 20.17 | 1.931 times |
| 14 Fri Jun 2024 | 22.10 | 20.04 | 22.60 | 20.04 | 1.306 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 |
| 11 Thu Jul 2024 | 26.61 | 28.93 | 30.70 | 25.08 | 1.104 times |
| 28 Fri Jun 2024 | 30.45 | 19.47 | 33.65 | 19.09 | 3.95 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 buy signal for Mercantile in short term but BUY 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
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 28.58 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 buy signal for Mercantile in short term but BUY 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
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 28.58 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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