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Mercantile (538942) Technical (Analysis) Reports Mercantile ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Mercantile (538942)

Technical Analysis Report for BSE stock 538942 Mercantile. Dated: 22 Oct 2026 Updated Daily. Stock trades in BSE stock exchange

If you are looking for Tomorrow's Movement Predictions for BSE stock 538942 Mercantile then click here. or read Experts views on Mercantile or Forecast & share price targets of Mercantile

Mercantile Opened at 22.40 and Closed at: 22.68, which is 0.57% of previous session's close. It moved within a range of 22.40 and 22.69
The session was a Bullish session with an average volume of 204, which is -17.16% of previous session's volumes.

  • Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
  • Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.

Support for tomorrow is 22.54 and resistance for tomorrow is 22.83
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 22.49, 22.3 resistance for tomorrow's hourly charts is 22.78, 22.88

10 Day SMA for Mercantile (538942) is 22.22 and stock is trading above these levels. This is a good sign for its short term trend

20 Day SMA for Mercantile (538942) is 22.6 and the stock is trading above these levels. This is a good sign for its mid term trend

50 Day SMA for Mercantile (538942) is 23.97 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 24.84 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Mercantile is 23.85 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Mercantile is at 22.6 and 200 DMA is at 23.85, while 50 DMA and 100 DMA are at 23.97 and 24.84 respectively

Mercantile (538942) moving average of 20 SMA is at 22.6 and 20 EMA is at 22.77

Date Closing Price 20 SMA 20 EMA
22 Thu Oct 22.68 22.6 22.77
19 Mon Oct 22.55 22.71 22.78
16 Fri Oct 22.19 22.8 22.8
15 Thu Oct 22.22 23 22.86
14 Wed Oct 22.63 23.16 22.93
13 Tue Oct 21.99 23.29 22.96

Mercantile (538942) moving average of 50 SMA is at 23.97 and 50 EMA is at 23.61

Date Closing Price 50 SMA 50 EMA
22 Thu Oct 22.68 23.97 23.61
19 Mon Oct 22.55 24.03 23.65
16 Fri Oct 22.19 24.08 23.69
15 Thu Oct 22.22 24.12 23.75
14 Wed Oct 22.63 24.15 23.81
13 Tue Oct 21.99 24.18 23.86

Mercantile (538942) moving average of 100 SMA is at 24.84 and 100 EMA is at 24.05

Date Closing Price 100 SMA 100 EMA
22 Thu Oct 22.68 24.84 24.05
19 Mon Oct 22.55 24.89 24.08
16 Fri Oct 22.19 24.92 24.11
15 Thu Oct 22.22 24.95 24.15
14 Wed Oct 22.63 24.96 24.19
13 Tue Oct 21.99 24.98 24.22

Mercantile (538942) moving average of 200 SMA is at 23.85 and 200 EMA is at 24.21

Date Closing Price 200 SMA 200 EMA
22 Thu Oct 22.68 23.85 24.21
19 Mon Oct 22.55 23.85 24.23
16 Fri Oct 22.19 23.85 24.25
15 Thu Oct 22.22 23.85 24.27
14 Wed Oct 22.63 23.85 24.29
13 Tue Oct 21.99 23.86 24.31

Mercantile Technical analysis of indicators

Price action analysis of Mercantile (538942) 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.

ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mercantile 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.

Mercantile 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 moving up

CCI has generated a SELL signal for Mercantile in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mercantile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.35 and Mercantile 538942 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 Mercantile 538942 stock. Volume based technical analysis of Mercantile 538942 stock is negative.

Mercantile 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.

Mercantile indicators chart

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for BSE stock 538942 Mercantile These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 538942 Experts View which covers a lot of information including buying and selling signals

538942 future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Mercantile or View Candle Stick Charts here

Chart Mercantile (538942) Technical (Analysis) Reports Mercantile [

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