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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, and stock might move down till 22 or till 21.2. Use a stoploss of 22.77 and if the stock hits stoploss, then it can shoot up till 23.5

538942 Mercantile is falling or rising NEWS fundamental reasons

Vivid Mercantile Ltd leads losers in 'B' group Bharat Parenterals Ltd, Shervani Industrial Syndicate Ltd, The Indian Wood Products Company Ltd and Bharat Global Developers Ltd are among the other losers in the BSE's 'B' group today, 29 September 2026. - NEWS as on 2026-09-29 business-standard.com

More announcements and NEWS

538942 Mercantile current price & indicator signals

Moving Averages for Mercantile

  • 5Day Average: 22.45
  • 12Day Average: 22.19
  • 20Day Average: 22.6
  • 50Day Average: 23.97
  • 100Day Average: 24.84
  • 150Day Average: 23.95
  • 200Day Average: 23.85

538942 Indicators & signals

Indicator MACD (12,26,9)

22.47, 22.99, -0.62
Indicator MACD is in negative zone

Indicator ADX (14)

17.81, 23.12, 16.13
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
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 Oct 2026 22.68 22.40 to 22.69 0.58% 0 times
19 Mon Oct 2026 22.55 22.55 to 22.80 1.62% 0 times
16 Fri Oct 2026 22.19 22.01 to 23.09 -0.14% 0.02 times
15 Thu Oct 2026 22.22 21.55 to 24.00 -1.81% 2.74 times
14 Wed Oct 2026 22.63 22.00 to 25.30 2.91% 5.09 times
13 Tue Oct 2026 21.99 21.00 to 23.85 1.66% 1.35 times
12 Mon Oct 2026 21.63 20.85 to 23.45 -2.52% 0.78 times
06 Tue Oct 2026 22.19 22.00 to 25.75 0.86% 0 times
01 Thu Oct 2026 22.00 21.00 to 22.01 -0.59% 0 times
28 Mon Sep 2026 22.13 22.10 to 23.20 0.27% 0.01 times
24 Thu Sep 2026 22.07 21.53 to 22.90 0.09% 0 times
23 Wed Sep 2026 22.05 22.05 to 22.05 -4.05% 0 times

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538942 NEWS why is Mercantile price falling or rising

 

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