(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 2024-10-09 View latest technical analysis
10 day averaged volume of Mercer International is 520480
Date | Daily Closing Price | Open | High | Low | Volume |
09 Wed Oct 2024 | 7.04 | 7.07 | 7.16 | 6.99 | 0.834 times |
08 Tue Oct 2024 | 7.06 | 7.24 | 7.27 | 6.95 | 1.04 times |
07 Mon Oct 2024 | 7.28 | 7.09 | 7.29 | 6.97 | 0.706 times |
04 Fri Oct 2024 | 7.11 | 7.09 | 7.34 | 7.09 | 1.182 times |
03 Thu Oct 2024 | 7.00 | 6.89 | 7.12 | 6.71 | 1.033 times |
02 Wed Oct 2024 | 6.95 | 6.86 | 7.00 | 6.72 | 1.346 times |
01 Tue Oct 2024 | 6.89 | 6.80 | 6.98 | 6.69 | 1.005 times |
30 Mon Sep 2024 | 6.77 | 6.60 | 6.80 | 6.55 | 1.297 times |
27 Fri Sep 2024 | 6.63 | 6.42 | 6.68 | 6.36 | 0.813 times |
26 Thu Sep 2024 | 6.35 | 6.31 | 6.36 | 6.21 | 0.774 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7, but if it comes below 7, then a intra day sell could be more profitable.
If you take a sell trade below 7, then use 7 as stoploss and 6.66 as target. However if you take a buy trade in stock , then use 7 as stoploss and 7.4 as target.
Share price targets for Mercer International (MERC)
Target Type | Value |
Downside Target | 5.33 |
Downside Target | 5.53 |
Downside Target | 5.88 |
Downside Target | 6.17 |
Downside Target | 6.55 |
Downside Target | 6.95 |
Upside Target | 7.29 |
Upside Target | 7.34 |
Upside Target | 7.40 |
Upside Target | 7.45 |
Upside Target | 8.17 |
Upside Target | 8.58 |
Upside Target | 9.60 |
Intraday share price targets for Mercer International (MERC)
Target Type | Value |
Downside Intraday Target | 6.9 |
Downside Intraday Target | 6.75 |
Upside Intraday Target | 7.24 |
Upside Intraday Target | 7.43 |
Upside Intraday Target | 7.09 |
Weekly technical analysis of Mercer International (MERC)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Wed Oct 2024 | 7.04 | 7.09 | 7.29 | 6.95 | 0.44 times |
04 Fri Oct 2024 | 7.11 | 6.60 | 7.34 | 6.55 | 1.261 times |
27 Fri Sep 2024 | 6.63 | 6.39 | 6.68 | 6.17 | 0.201 times |
20 Fri Sep 2024 | 6.30 | 6.70 | 6.72 | 6.21 | 2.859 times |
13 Fri Sep 2024 | 6.74 | 5.59 | 6.74 | 5.53 | 1.522 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 |
09 Wed Oct 2024 | 7.04 | 6.80 | 7.34 | 6.69 | 0.168 times |
30 Mon Sep 2024 | 6.77 | 5.91 | 6.80 | 5.33 | 2.809 times |
30 Fri Aug 2024 | 6.00 | 7.38 | 7.40 | 5.88 | 1.561 times |
31 Wed Jul 2024 | 7.62 | 8.53 | 8.58 | 7.45 | 0.932 times |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercer International in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercer International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 6.91 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mercer International in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercer International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 6.91 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.