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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 2024-06-28 View latest technical analysis

10 day averaged volume of Mercer International is 337400

Date Daily Closing Price Open High Low Volume
28 Fri Jun 2024 8.54 8.75 8.79 8.40 0.704 times
27 Thu Jun 2024 8.68 8.26 8.69 8.18 0.502 times
26 Wed Jun 2024 8.30 8.45 8.47 8.17 0.948 times
25 Tue Jun 2024 8.61 8.68 8.74 8.49 0.852 times
24 Mon Jun 2024 8.65 8.70 8.82 8.64 1.003 times
21 Fri Jun 2024 8.63 8.66 8.75 8.56 2.17 times
20 Thu Jun 2024 8.65 8.56 8.75 8.51 0.509 times
18 Tue Jun 2024 8.57 8.49 8.60 8.34 1.244 times
18 Tue Jun 2024 8.57 8.49 8.60 8.34 1.244 times
17 Mon Jun 2024 8.52 8.43 8.53 8.25 0.407 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 8.75. 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 8.17
Upside Target 8.60
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 8.2
Downside Intraday Target 7.86
Upside Intraday Target 8.85
Upside Intraday Target 9.16
Downside Intraday Target 8.51

Weekly technical analysis of Mercer International (MERC)

Date Weekly Closing Price Open High Low Volume
28 Fri Jun 2024 8.54 8.70 8.82 8.17 1.022 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
28 Fri Jun 2024 8.54 9.50 9.60 8.17 1.163 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 neutral. A longer time frame might give a better analysis.

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 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 losing 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. Bulls 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 buy signal for Mercer International in short term and BUY 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 8.57 and Mercer International (MERC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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 neutral. A longer time frame might give a better analysis.

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 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 losing 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. Bulls 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 buy signal for Mercer International in short term and BUY 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 8.57 and Mercer International (MERC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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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