(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 2024-07-29 View latest technical analysis
10 day averaged volume of Mercantile is 4597
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 26.00 | 26.87 | 27.41 | 25.74 | 2.124 times |
| 26 Fri Jul 2024 | 26.87 | 25.80 | 26.87 | 25.70 | 0.38 times |
| 25 Thu Jul 2024 | 25.95 | 26.00 | 26.54 | 25.43 | 0.544 times |
| 24 Wed Jul 2024 | 26.56 | 26.69 | 26.69 | 25.74 | 0.159 times |
| 23 Tue Jul 2024 | 26.69 | 27.00 | 27.00 | 25.72 | 0.673 times |
| 22 Mon Jul 2024 | 27.04 | 27.48 | 27.48 | 25.80 | 0.209 times |
| 19 Fri Jul 2024 | 26.94 | 26.52 | 26.95 | 25.34 | 0.791 times |
| 18 Thu Jul 2024 | 25.99 | 27.20 | 27.20 | 25.51 | 0.772 times |
| 16 Tue Jul 2024 | 26.50 | 26.50 | 26.99 | 26.11 | 1.494 times |
| 15 Mon Jul 2024 | 26.77 | 27.38 | 28.25 | 26.02 | 2.651 times |
Stock of Mercantile (Mercantile) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.9 as stoploss in an intra day buy trade for a target of 26.92. However, stock will show a bearish move below 25.9.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 20.10 |
| Downside Target | 24.30 |
| Upside Target | 26.12 |
| Upside Target | 27.41 |
| Upside Target | 27.48 |
| Upside Target | 27.94 |
| Upside Target | 28.25 |
| Upside Target | 30.70 |
| Upside Target | 33.65 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 25.36 |
| Downside Intraday Target | 24.71 |
| Upside Intraday Target | 27.03 |
| Upside Intraday Target | 28.05 |
| Upside Intraday Target | 26.38 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 26.00 | 26.87 | 27.41 | 25.74 | 1.081 times |
| 26 Fri Jul 2024 | 26.87 | 27.48 | 27.48 | 25.43 | 0.344 times |
| 19 Fri Jul 2024 | 26.94 | 27.38 | 28.25 | 25.34 | 0.29 times |
| 12 Fri Jul 2024 | 27.38 | 27.22 | 27.94 | 25.08 | 0.256 times |
| 05 Fri Jul 2024 | 27.78 | 28.93 | 30.70 | 26.12 | 1.256 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 |
| 29 Mon Jul 2024 | 26.00 | 28.93 | 30.70 | 25.08 | 1.246 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 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 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 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 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 Strong 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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
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 26.47 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 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 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 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 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 Strong 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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
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 26.47 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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