(MERC) Mercer International complete technical analysis [charts+indicators] | Buy/Sell Mercer International | (MERC) share price targets
Complete technical analysis of Mercer International (MERC) by charts plus indicators, forecast predictions and share price targets for Mercer International (MERC)
Mercer International trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-05-30 View latest technical analysis
10 day averaged volume of Mercer International is 227617
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 9.50 | 9.55 | 9.78 | 9.46 | 0.641 times |
29 Wed May 2024 | 9.54 | 9.79 | 9.85 | 9.51 | 0.685 times |
28 Tue May 2024 | 9.87 | 10.12 | 10.21 | 9.84 | 0.961 times |
23 Thu May 2024 | 9.69 | 9.65 | 9.79 | 9.47 | 1.16 times |
22 Wed May 2024 | 9.64 | 9.89 | 10.00 | 9.62 | 0.913 times |
21 Tue May 2024 | 9.96 | 9.53 | 10.00 | 9.26 | 0.872 times |
20 Mon May 2024 | 9.61 | 10.19 | 10.23 | 9.58 | 1.357 times |
17 Fri May 2024 | 10.18 | 10.40 | 10.40 | 10.15 | 0.793 times |
16 Thu May 2024 | 10.35 | 10.38 | 10.43 | 10.22 | 1.074 times |
15 Wed May 2024 | 10.42 | 10.42 | 10.57 | 10.18 | 1.359 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.8, but if it comes above 9.8, then a intra day buy could be more profitable.
If you take a sell trade below 9.8, then use 9.8 as stoploss and 9.2 as target. However if you take a buy trade in stock , then use 9.8 as stoploss and 10.24 as target.
Share price targets for Mercer International (MERC)
Target Type | Value |
Downside Target | 7.01 |
Downside Target | 8.44 |
Downside Target | 9.05 |
Downside Target | 9.26 |
Upside Target | 10.05 |
Upside Target | 10.23 |
Upside Target | 10.42 |
Upside Target | 10.45 |
Upside Target | 10.84 |
Upside Target | 11.17 |
Upside Target | 11.20 |
Intraday share price targets for Mercer International (MERC)
Target Type | Value |
Downside Intraday Target | 9.24 |
Downside Intraday Target | 8.97 |
Upside Intraday Target | 9.99 |
Upside Intraday Target | 10.47 |
Upside Intraday Target | 9.72 |
Weekly technical analysis of Mercer International (MERC)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 9.50 | 10.12 | 10.21 | 9.46 | 0.531 times |
23 Thu May 2024 | 9.69 | 10.19 | 10.23 | 9.26 | 0.734 times |
17 Fri May 2024 | 10.18 | 10.58 | 11.17 | 10.15 | 1.188 times |
10 Fri May 2024 | 10.51 | 10.60 | 11.20 | 10.22 | 1.286 times |
03 Fri May 2024 | 10.60 | 10.08 | 10.84 | 10.05 | 1.281 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 Mercer International (MERC)
Date | Monthly Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 9.50 | 10.12 | 11.20 | 9.26 | 1.401 times |
30 Tue Apr 2024 | 10.13 | 10.04 | 10.45 | 9.05 | 0.732 times |
28 Thu Mar 2024 | 9.95 | 9.18 | 10.42 | 9.06 | 0.551 times |
29 Thu Feb 2024 | 9.18 | 8.49 | 9.37 | 7.01 | 1.419 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 Mercer International (MERC)
Price action analysis of Mercer International ( (MERC) ) based on a short 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 Mercer International ( (MERC) ) 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 Mercer International ( (MERC) ) 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 Mercer International ( (MERC) ) based on a mid to longer 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.
ADX buy sell signal for Mercer International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term and the sell signal is strong.
Mercer International 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Mercer International is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.91 and Mercer International (MERC) 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 Mercer International (MERC) stock. Volume based technical analysis of Mercer International (MERC) stock is negative.
Mercer International 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 Mercer International ( (MERC) ) based on a short 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 Mercer International ( (MERC) ) 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 Mercer International ( (MERC) ) 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 Mercer International ( (MERC) ) based on a mid to longer 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.
ADX buy sell signal for Mercer International stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term and the sell signal is strong.
Mercer International 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Mercer International is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.91 and Mercer International (MERC) 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 Mercer International (MERC) stock. Volume based technical analysis of Mercer International (MERC) stock is negative.
Mercer International 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.