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(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 2024-06-03 View latest technical analysis

10 day averaged volume of Mercer International is 209026

Date Daily Closing Price Open High Low Volume
03 Mon Jun 2024 9.26 9.50 9.60 9.20 0.886 times
31 Fri May 2024 9.50 9.50 9.56 9.41 0.791 times
30 Thu May 2024 9.50 9.55 9.78 9.46 0.698 times
29 Wed May 2024 9.54 9.79 9.85 9.51 0.746 times
28 Tue May 2024 9.87 10.12 10.21 9.84 1.046 times
23 Thu May 2024 9.69 9.65 9.79 9.47 1.263 times
22 Wed May 2024 9.64 9.89 10.00 9.62 0.995 times
21 Tue May 2024 9.96 9.53 10.00 9.26 0.95 times
20 Mon May 2024 9.61 10.19 10.23 9.58 1.478 times
17 Fri May 2024 10.18 10.40 10.40 10.15 0.863 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 9 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.14 as target.

Share price targets for Mercer International (MERC)

Target Type Value
Downside Target 7.01
Downside Target 9.05
Upside Target 9.60
Upside Target 10.15
Upside Target 10.21
Upside Target 10.22
Upside Target 10.23
Upside Target 10.42
Upside Target 10.45
Upside Target 11.17
Upside Target 11.20

Intraday share price targets for Mercer International (MERC)

Target Type Value
Downside Intraday Target 9.11
Downside Intraday Target 8.95
Upside Intraday Target 9.51
Upside Intraday Target 9.75
Upside Intraday Target 9.35

Weekly technical analysis of Mercer International (MERC)

Date Weekly Closing Price Open High Low Volume
03 Mon Jun 2024 9.26 9.50 9.60 9.20 0.27 times
31 Fri May 2024 9.50 10.12 10.21 9.41 0.7 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

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
03 Mon Jun 2024 9.26 9.50 9.60 9.20 0.04 times
31 Fri May 2024 9.50 10.12 11.20 9.26 1.452 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

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 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 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 9.68 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 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 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 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 9.68 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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