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: 19 Dec 2025 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 24.70 and Closed at: 24.35, which is 1.27% of previous session's close. It moved within a range of 23.60 and 24.72
The session was a Bearish session with an average volume of 481, which is 22.87% 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.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 23.42 and resistance for tomorrow is 24.54
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 23.73, 23.1 resistance for tomorrow's hourly charts is 24.85, 25.34
10 Day SMA for Mercantile (538942) is 23.41 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Mercantile (538942) is 23.7 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 26.58 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 27.96 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Mercantile is 25.32 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Mercantile is at 23.7 and 200 DMA is at 25.32, while 50 DMA and 100 DMA are at 26.58 and 27.96 respectively
Mercantile (538942) moving average of 20 SMA is at 23.7 and 20 EMA is at 24.2
| Date | Closing Price | 20 SMA | 20 EMA |
| 19 Fri Dec | 24.35 | 23.7 | 24.2 |
| 18 Thu Dec | 24.04 | 23.79 | 24.18 |
| 17 Wed Dec | 23.98 | 23.85 | 24.19 |
| 16 Tue Dec | 24.49 | 23.94 | 24.21 |
| 15 Mon Dec | 23.79 | 24.05 | 24.18 |
| 12 Fri Dec | 23.10 | 24.22 | 24.22 |
Mercantile (538942) moving average of 50 SMA is at 26.58 and 50 EMA is at 25.8
| Date | Closing Price | 50 SMA | 50 EMA |
| 19 Fri Dec | 24.35 | 26.58 | 25.8 |
| 18 Thu Dec | 24.04 | 26.69 | 25.86 |
| 17 Wed Dec | 23.98 | 26.83 | 25.93 |
| 16 Tue Dec | 24.49 | 26.95 | 26.01 |
| 15 Mon Dec | 23.79 | 27.06 | 26.07 |
| 12 Fri Dec | 23.10 | 27.17 | 26.16 |
Mercantile (538942) moving average of 100 SMA is at 27.96 and 100 EMA is at 26.46
| Date | Closing Price | 100 SMA | 100 EMA |
| 19 Fri Dec | 24.35 | 27.96 | 26.46 |
| 18 Thu Dec | 24.04 | 28.03 | 26.5 |
| 17 Wed Dec | 23.98 | 28.11 | 26.55 |
| 16 Tue Dec | 24.49 | 28.14 | 26.6 |
| 15 Mon Dec | 23.79 | 28.15 | 26.64 |
| 12 Fri Dec | 23.10 | 28.17 | 26.7 |
Mercantile (538942) moving average of 200 SMA is at 25.32 and 200 EMA is at 26.06
| Date | Closing Price | 200 SMA | 200 EMA |
| 19 Fri Dec | 24.35 | 25.32 | 26.06 |
| 18 Thu Dec | 24.04 | 25.3 | 26.08 |
| 17 Wed Dec | 23.98 | 25.29 | 26.1 |
| 16 Tue Dec | 24.49 | 25.28 | 26.12 |
| 15 Mon Dec | 23.79 | 25.27 | 26.14 |
| 12 Fri Dec | 23.10 | 25.26 | 26.16 |
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 SELL. Signal strength is Weak and stock is gaining 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 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 red color and prices are in or above 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 BUY signal in short term but buying 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 Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.35 and Mercantile 538942 stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.
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
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