Munafa technical analysis MERCANTILE 538942 technical analysis buy or sell
Munafa technical analysis MERCANTILE 538942 technical analysis buy or sell Analysis of MERCANTILE 538942 to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
| Date | Close | Open | High | Low |
| 22 Thu Oct | 22.68 | 22.40 | 22.69 | 22.40 |
| 19 Mon Oct | 22.55 | 22.80 | 22.80 | 22.55 |
| 16 Fri Oct | 22.19 | 22.11 | 23.09 | 22.01 |
| 15 Thu Oct | 22.22 | 22.00 | 24.00 | 21.55 |
| 14 Wed Oct | 22.63 | 22.46 | 25.30 | 22.00 |
Stock of MERCANTILE closed at 22.68 and it opened at 22.40
It moved inside a range of 22.40 and 22.69
52 week High is 32.64 and 52 week Low is 17.50
Financial Year High is 32.64 and Low is 17.91
This year High is 32.64 and Low is 17.50
MERCANTILE 538942 Daily Analysis to buy or sell
As per my analysis of MERCANTILE 538942, 12 day returns for MERCANTILE 538942 have been positive, with total returns of 0.63, which is 2.86% with investment starting at 22.05.
An investment of 100,000 bucks in MERCANTILE would have become 102860 bucks today.
MERCANTILE 538942 moves in a range of 0.7 points on a day to day basis. This means that a total of approx 0.7 plus points of returns can be expected in a bullish day, and a total of 0.7 minus points can be expected in a bearish day.
This is about 3.09% of returns per day.
MERCANTILE Munafa analysis, looking for Trend and BUY or SELL opportunities.
Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MERCANTILE 538942 at this time.
It appears as if MERCANTILE 538942 gave a large move recently.
Stock of MERCANTILE (538942) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of MERCANTILE is bullish for shortterm, and stock might move up till 23.3 or till 24.2. Use a stoploss of 22.6 and if this stock hits its stoploss, then it can fall down till 21.87
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of MERCANTILE 538942
Candle stick analysis of MERCANTILE as on 22 Thu Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 1.3 HC: 0 LC: 1.3 OC: 1.3
MERCANTILE is moving towards a high expiry
Candle stick analysis of MERCANTILE as on 19 Mon Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 1.1 HC: 1.1 LC: 0 OC: 0
MERCANTILE is moving towards a low expiry
MERCANTILE is forming a DOJI candle
Candle stick analysis of MERCANTILE as on 16 Fri Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 4.9 HC: 4.1 LC: 0.8 OC: 4.4
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 15 Thu Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 11.4 HC: 8 LC: 3.1 OC: 9.1
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 14 Wed Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 15 HC: 11.8 LC: 2.9 OC: 12.6
MERCANTILE is moving towards a low expiry
MERCANTILE 538942 Weekly Analysis to buy or sell
As per my analysis of MERCANTILE 538942, 12 week returns for MERCANTILE 538942 have been negative, with total returns of -2.07, which is -8.36% with investment starting at 24.75.
An investment of 100,000 bucks in MERCANTILE would have become 91640 bucks today.
MERCANTILE 538942 moves in a range of 1.2 points on a week to week basis. This means that a total of approx 1.2 plus points of returns can be expected in a bullish week, and a total of 1.2 minus points can be expected in a bearish week.
This is about 5.29% of returns per week.
Weekly Candle Stick analysis of MERCANTILE 538942
Candle stick analysis of MERCANTILE as on 22 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 1.8 HC: 0.5 LC: 1.3 OC: 0
MERCANTILE is moving towards a high expiry
MERCANTILE is forming a DOJI candle
Candle stick analysis of MERCANTILE as on 16 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 21.3 HC: 14 LC: 6.4 OC: 7.9
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 06 Tue Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 17.1 HC: 16 LC: 0.9 OC: 0
MERCANTILE is moving towards a low expiry
MERCANTILE is forming a DOJI candle
Candle stick analysis of MERCANTILE as on 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 10.5 HC: 5.5 LC: 4.8 OC: 2.8
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 24 Thu Sep 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 10.2 HC: 7.5 LC: 2.5 OC: 5.4
MERCANTILE is moving towards a low expiry
MERCANTILE 538942 Monthly Analysis to buy or sell
As per my analysis of MERCANTILE 538942, 12 month returns for MERCANTILE 538942 have been negative, with total returns of -1.6, which is -6.59% with investment starting at 24.28.
An investment of 100,000 bucks in MERCANTILE would have become 93410 bucks today.
MERCANTILE 538942 moves in a range of 2.5 points on a month to month basis. This means that a total of approx 2.5 plus points of returns can be expected in a bullish month, and a total of 2.5 minus points can be expected in a bearish month.
This is about 11.02% of returns per month.
Monthly Candle Stick analysis of MERCANTILE 538942
Candle stick analysis of MERCANTILE as on 22 Thu Oct 2026 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 23.5 HC: 13.5 LC: 8.8 OC: 14.1
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 24 Thu Sep 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 41.2 HC: 35.3 LC: 4.4 OC: 19.5
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 27 Thu Aug 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 13.7 HC: 6.2 LC: 7.1 OC: 2.3
MERCANTILE is moving towards a high expiry
Candle stick analysis of MERCANTILE as on 31 Fri Jul 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 20.4 HC: 9.8 LC: 9.7 OC: 1.7
MERCANTILE is moving towards a low expiry
Candle stick analysis of MERCANTILE as on 25 Thu Jun 2026 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of MERCANTILE are:
HL: 32.3 HC: 26.5 LC: 4.6 OC: 14.7
MERCANTILE is moving towards a low expiry
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