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(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 2025-05-06 View latest technical analysis

10 day averaged volume of Mercantile is 4606

Date Daily Closing Price Open High Low Volume
06 Tue May 2025 21.82 23.00 23.00 21.70 0.565 times
05 Mon May 2025 23.00 22.00 23.38 21.73 0.17 times
02 Fri May 2025 22.17 22.35 23.79 22.00 0.125 times
30 Wed Apr 2025 23.00 25.40 25.40 22.42 1.031 times
29 Tue Apr 2025 23.01 24.32 24.32 22.70 0.612 times
28 Mon Apr 2025 24.38 22.54 24.75 22.54 3.616 times
25 Fri Apr 2025 22.54 23.04 23.04 22.25 1.252 times
24 Thu Apr 2025 23.04 23.70 23.70 23.00 0.674 times
22 Tue Apr 2025 24.93 22.60 25.00 22.53 2.2 times
21 Mon Apr 2025 22.53 22.90 22.90 22.06 0.229 times

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 21.4 as stoploss in an intra day buy trade for a target of 22.55. However, stock will show a bearish move below 21.4.

Share price targets for Mercantile (Mercantile)

Target Type Value
Downside Target 19.00
Downside Target 19.51
Downside Target 20.70
Downside Target 21.61
Upside Target 23.30
Upside Target 23.79
Upside Target 24.70
Upside Target 25.00
Upside Target 25.40
Upside Target 26.74

Intraday share price targets for Mercantile (Mercantile)

Target Type Value
Downside Intraday Target 21.22
Downside Intraday Target 20.62
Upside Intraday Target 22.9
Upside Intraday Target 23.98
Upside Intraday Target 22.3

Weekly technical analysis of Mercantile (Mercantile)

Date Weekly Closing Price Open High Low Volume
06 Tue May 2025 21.82 22.00 23.38 21.70 0.137 times
02 Fri May 2025 22.17 22.54 25.40 22.00 1.237 times
25 Fri Apr 2025 22.54 22.90 25.00 22.06 0.824 times
17 Thu Apr 2025 22.90 23.66 25.00 22.01 0.273 times
11 Fri Apr 2025 23.20 23.35 26.74 21.61 3.655 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
06 Tue May 2025 21.82 22.35 23.79 21.70 0.022 times
30 Wed Apr 2025 23.00 19.00 26.74 19.00 1.546 times
28 Fri Mar 2025 19.43 19.73 21.78 19.03 1.429 times
28 Fri Feb 2025 19.73 23.26 23.30 19.51 1.39 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 23.75 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 23.75 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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