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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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mercantile is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mercantile stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 20.1 as target. However if you take a buy trade in Mercantile, then use 21.9 as stoploss and 23.32 as target.

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: 21.91
  • 12Day Average: 23.3
  • 20Day Average: 23.82
  • 50Day Average: 24.19
  • 100Day Average: 27.05
  • 150Day Average: 26.8
  • 200Day Average: 25.71

538942 Indicators & signals

Indicator MACD (12,26,9)

22.83, 23.59, -0.45
Indicator MACD is in negative zone

Indicator ADX (14)

39.47, 12.5, 28.8
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
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
22 Thu Jan 2026 21.80 20.53 to 22.20 6.34% 0.76 times
21 Wed Jan 2026 20.50 19.66 to 21.50 -7.37% 2.51 times
20 Tue Jan 2026 22.13 21.55 to 23.85 0.14% 0.24 times
19 Mon Jan 2026 22.10 22.01 to 23.99 -3.95% 0.74 times
16 Fri Jan 2026 23.01 22.86 to 24.57 -3.52% 0.1 times
14 Wed Jan 2026 23.85 22.10 to 24.57 0.21% 0.35 times
13 Tue Jan 2026 23.80 23.80 to 23.80 0% 0 times
12 Mon Jan 2026 23.80 22.50 to 24.39 0.21% 0.46 times
09 Fri Jan 2026 23.75 23.22 to 24.49 3.58% 0.54 times
08 Thu Jan 2026 22.93 22.71 to 25.00 -11.64% 4.79 times
07 Wed Jan 2026 25.95 25.10 to 25.97 -0.08% 0.27 times
06 Tue Jan 2026 25.97 25.65 to 26.35 2.81% 0.64 times

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538942 NEWS why is Mercantile price falling or rising

 

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