(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 2024-11-19 View latest technical analysis
10 day averaged volume of Mercantile is 4883
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 24.13 | 24.98 | 24.98 | 24.02 | 0.241 times |
| 18 Mon Nov 2024 | 24.57 | 24.82 | 24.83 | 23.66 | 1.255 times |
| 14 Thu Nov 2024 | 24.33 | 24.20 | 25.00 | 23.55 | 0.771 times |
| 13 Wed Nov 2024 | 24.40 | 26.15 | 26.45 | 24.24 | 1.293 times |
| 12 Tue Nov 2024 | 25.34 | 26.50 | 26.50 | 25.03 | 0.393 times |
| 11 Mon Nov 2024 | 25.98 | 26.00 | 26.46 | 25.20 | 0.426 times |
| 08 Fri Nov 2024 | 25.44 | 24.23 | 25.99 | 24.23 | 1.838 times |
| 07 Thu Nov 2024 | 25.08 | 24.15 | 25.74 | 24.15 | 0.366 times |
| 06 Wed Nov 2024 | 25.05 | 25.88 | 25.88 | 24.19 | 0.351 times |
| 05 Tue Nov 2024 | 25.07 | 27.39 | 27.39 | 25.00 | 1.406 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.3, but if it comes above 24.3, then a intra day buy could be more profitable.
If you take a sell trade below 24.3, then use 24.3 as stoploss and 23.5 as target. However if you take a buy trade in stock , then use 24.3 as stoploss and 25 as target.
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 23.10 |
| Upside Target | 25.98 |
| Upside Target | 26.50 |
| Upside Target | 26.92 |
| Upside Target | 27.04 |
| Upside Target | 27.39 |
| Upside Target | 27.89 |
| Upside Target | 29.20 |
| Upside Target | 30.70 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 23.53 |
| Downside Intraday Target | 22.94 |
| Upside Intraday Target | 24.85 |
| Upside Intraday Target | 25.58 |
| Upside Intraday Target | 24.26 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 24.13 | 24.82 | 24.98 | 23.66 | 0.519 times |
| 14 Thu Nov 2024 | 24.33 | 26.00 | 26.50 | 23.55 | 0.492 times |
| 08 Fri Nov 2024 | 25.44 | 26.70 | 27.39 | 24.15 | 3.13 times |
| 01 Fri Nov 2024 | 26.20 | 24.53 | 27.04 | 24.37 | 0.541 times |
| 25 Fri Oct 2024 | 23.56 | 25.98 | 25.98 | 23.56 | 0.274 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 |
| 19 Tue Nov 2024 | 24.13 | 26.80 | 27.39 | 23.55 | 0.465 times |
| 31 Thu Oct 2024 | 25.78 | 25.20 | 26.92 | 23.10 | 0.855 times |
| 30 Mon Sep 2024 | 25.20 | 27.89 | 27.89 | 23.71 | 0.92 times |
| 30 Fri Aug 2024 | 26.98 | 25.99 | 29.20 | 23.91 | 0.279 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Mercantile in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 24.94 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mercantile in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Mercantile in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 24.94 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.
Click here for Mercantile charts
Click here for further forecast and predictions for tomorrow