(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 2024-08-27 View latest technical analysis
10 day averaged volume of Mercantile is 10229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 26.66 | 28.36 | 28.36 | 26.50 | 0.394 times |
| 26 Mon Aug 2024 | 27.24 | 29.10 | 29.20 | 27.02 | 1.132 times |
| 23 Fri Aug 2024 | 27.81 | 26.24 | 27.82 | 26.24 | 4.233 times |
| 22 Thu Aug 2024 | 26.50 | 25.97 | 26.50 | 24.44 | 0.707 times |
| 21 Wed Aug 2024 | 25.50 | 25.00 | 25.99 | 25.00 | 0.311 times |
| 20 Tue Aug 2024 | 25.46 | 26.96 | 26.96 | 24.80 | 0.73 times |
| 19 Mon Aug 2024 | 26.10 | 27.06 | 27.06 | 25.03 | 0.468 times |
| 16 Fri Aug 2024 | 25.89 | 26.72 | 26.72 | 24.30 | 0.633 times |
| 14 Wed Aug 2024 | 25.45 | 25.36 | 26.60 | 24.75 | 0.845 times |
| 13 Tue Aug 2024 | 25.36 | 25.49 | 25.49 | 23.91 | 0.471 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.5, but if it comes below 26.5, then a intra day sell could be more profitable.
If you take a sell trade below 26.5, then use 26.5 as stoploss and 25.62 as target. However if you take a buy trade in stock , then use 26.5 as stoploss and 27.5 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 19.61 |
| Downside Target | 23.91 |
| Downside Target | 26.25 |
| Downside Target | 26.50 |
| Upside Target | 26.72 |
| Upside Target | 27.41 |
| Upside Target | 27.82 |
| Upside Target | 29.20 |
| Upside Target | 30.70 |
| Upside Target | 33.65 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 25.71 |
| Downside Intraday Target | 24.75 |
| Upside Intraday Target | 28.41 |
| Upside Intraday Target | 30.15 |
| Upside Intraday Target | 27.45 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 26.66 | 29.10 | 29.20 | 26.50 | 0.237 times |
| 23 Fri Aug 2024 | 27.81 | 27.06 | 27.82 | 24.44 | 2.667 times |
| 16 Fri Aug 2024 | 25.89 | 25.40 | 26.72 | 23.91 | 2.054 times |
| 09 Fri Aug 2024 | 24.22 | 23.94 | 26.25 | 23.94 | 0.434 times |
| 02 Fri Aug 2024 | 25.19 | 26.87 | 27.41 | 24.55 | 3.071 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 |
| 27 Tue Aug 2024 | 26.66 | 25.99 | 29.20 | 23.91 | 0.254 times |
| 31 Wed Jul 2024 | 25.58 | 28.93 | 30.70 | 24.75 | 1.271 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 |
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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 below the red cloud Prices appear to be coming down
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
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 26.84 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mercantile in short term and the buy signal is strong.
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 below the red cloud Prices appear to be coming down
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
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 26.84 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. 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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