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538942 NEWS why is Mercantile price falling or rising

538942 NEWS reasons for why stock price of Mercantile is falling or rising

538942 Mercantile is falling or rising technical reasons

Technical analysis forecast for Mercantile Stock is that its 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. Stock is falling and might fall more.

It appears as if Mercantile 538942 gave a large move recently.

Stock of Mercantile (538942) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Mercantile is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.5 as stoploss in an intra day buy trade for a target of 24.46. However, stock will show a bearish move below 23.5.

538942 Mercantile is falling or rising NEWS fundamental reasons

More announcements and NEWS

538942 Mercantile current price & indicator signals

Moving Averages for Mercantile

  • 5Day Average: 24.77
  • 12Day Average: 24.62
  • 20Day Average: 24.29
  • 50Day Average: 25.16
  • 100Day Average: 27.43
  • 150Day Average: 26.78
  • 200Day Average: 25.6

538942 Indicators & signals

Indicator MACD (12,26,9)

24.48, 24.55, -0.13
Indicator MACD is in negative zone

Indicator ADX (14)

10.14, 17.22, 21.11
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 538942 Mercantile are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
09 Fri Jan 2026 23.75 23.22 to 24.49 3.58% 0.27 times
08 Thu Jan 2026 22.93 22.71 to 25.00 -11.64% 2.45 times
07 Wed Jan 2026 25.95 25.10 to 25.97 -0.08% 0.14 times
06 Tue Jan 2026 25.97 25.65 to 26.35 2.81% 0.33 times
05 Mon Jan 2026 25.26 25.00 to 26.69 -1.75% 0.28 times
02 Fri Jan 2026 25.71 23.75 to 26.20 4.81% 0.24 times
01 Thu Jan 2026 24.53 24.16 to 26.00 -0.85% 0.11 times
31 Wed Dec 2025 24.74 24.50 to 26.99 -2.94% 0.58 times
30 Tue Dec 2025 25.49 24.01 to 28.02 9.12% 5.59 times
29 Mon Dec 2025 23.36 22.52 to 23.80 -1.85% 0.13 times
26 Fri Dec 2025 23.80 23.02 to 24.90 -0.83% 0.15 times
24 Wed Dec 2025 24.00 23.01 to 24.49 4.3% 0.24 times

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538942 NEWS why is Mercantile price falling or rising

 

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