(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 2024-06-25 View latest technical analysis
10 day averaged volume of Mercer International is 336840
Date | Daily Closing Price | Open | High | Low | Volume |
25 Tue Jun 2024 | 8.61 | 8.68 | 8.74 | 8.49 | 0.853 times |
24 Mon Jun 2024 | 8.65 | 8.70 | 8.82 | 8.64 | 1.005 times |
21 Fri Jun 2024 | 8.63 | 8.66 | 8.75 | 8.56 | 2.173 times |
20 Thu Jun 2024 | 8.65 | 8.56 | 8.75 | 8.51 | 0.51 times |
18 Tue Jun 2024 | 8.57 | 8.49 | 8.60 | 8.34 | 1.246 times |
18 Tue Jun 2024 | 8.57 | 8.49 | 8.60 | 8.34 | 1.246 times |
17 Mon Jun 2024 | 8.52 | 8.43 | 8.53 | 8.25 | 0.408 times |
14 Fri Jun 2024 | 8.42 | 8.55 | 8.58 | 8.36 | 1.124 times |
13 Thu Jun 2024 | 8.62 | 8.52 | 8.67 | 8.42 | 0.452 times |
12 Wed Jun 2024 | 8.61 | 8.95 | 9.09 | 8.58 | 0.658 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 8.5 as stoploss in an intra day buy trade for a target of 8.9. However, stock will show a bearish move below 8.5.
Share price targets for Mercer International (MERC)
Target Type | Value |
Downside Target | 7.01 |
Downside Target | 8.25 |
Upside Target | 9.06 |
Upside Target | 9.09 |
Upside Target | 9.26 |
Upside Target | 9.37 |
Upside Target | 9.60 |
Upside Target | 10.42 |
Upside Target | 10.45 |
Upside Target | 11.20 |
Intraday share price targets for Mercer International (MERC)
Target Type | Value |
Downside Intraday Target | 8.46 |
Downside Intraday Target | 8.31 |
Upside Intraday Target | 8.79 |
Upside Intraday Target | 8.97 |
Upside Intraday Target | 8.64 |
Weekly technical analysis of Mercer International (MERC)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Tue Jun 2024 | 8.61 | 8.70 | 8.82 | 8.49 | 0.473 times |
21 Fri Jun 2024 | 8.63 | 8.49 | 8.75 | 8.34 | 2.376 times |
18 Tue Jun 2024 | 8.57 | 8.43 | 8.60 | 8.25 | 0.423 times |
14 Fri Jun 2024 | 8.42 | 8.81 | 9.09 | 8.36 | 1.527 times |
07 Fri Jun 2024 | 8.92 | 9.50 | 9.60 | 8.92 | 1.256 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 |
25 Tue Jun 2024 | 8.61 | 9.50 | 9.60 | 8.25 | 1.007 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercer International ( (MERC) ) 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 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 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 Mercer International stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercer International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercer International Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 Mercer International in short term but SELL 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
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 8.59 and Mercer International (MERC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercer International ( (MERC) ) 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 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 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 Mercer International stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercer International in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercer International Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 Mercer International in short term but SELL 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
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 8.59 and Mercer International (MERC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.