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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 22.9, but if it comes above 22.9, then a intra day buy could be more profitable.
If you take a sell trade below 22.9, then use 22.9 as stoploss and 21 as target. However if you take a buy trade in Mercantile, then use 22.9 as stoploss and 24.51 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: 22.71
  • 12Day Average: 23.52
  • 20Day Average: 24.63
  • 50Day Average: 27.44
  • 100Day Average: 28.21
  • 150Day Average: 26.55
  • 200Day Average: 25.25

538942 Indicators & signals

Indicator MACD (12,26,9)

23.62, 25.08, -1.37
Indicator MACD is in negative zone

Indicator ADX (14)

39.62, 9.7, 22.42
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
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
10 Wed Dec 2025 22.74 22.20 to 23.00 -0.39% 0.54 times
09 Tue Dec 2025 22.83 21.25 to 22.95 3.4% 1.23 times
08 Mon Dec 2025 22.08 22.01 to 23.35 -3.16% 0.66 times
05 Fri Dec 2025 22.80 22.25 to 24.55 -1.3% 0.83 times
04 Thu Dec 2025 23.10 23.00 to 23.21 -0.47% 0.17 times
03 Wed Dec 2025 23.21 22.80 to 24.00 -3.09% 0.38 times
02 Tue Dec 2025 23.95 23.80 to 24.50 0.59% 0.67 times
01 Mon Dec 2025 23.81 22.30 to 25.80 -1.94% 1.25 times
28 Fri Nov 2025 24.28 23.80 to 25.19 -3.61% 1.27 times
27 Thu Nov 2025 25.19 24.10 to 25.55 5.4% 1.03 times
26 Wed Nov 2025 23.90 23.40 to 26.00 -1.85% 2.51 times
25 Tue Nov 2025 24.35 24.21 to 26.50 -3.87% 0.62 times

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538942 NEWS why is Mercantile price falling or rising

 

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