MERC NEWS why is Mercer International Inc. price falling or rising

MERC NEWS reasons for why stock price of Mercer International Inc. is falling or rising

MERC Mercer International is falling or rising technical reasons

Technical analysis forecast of Mercer International Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mercer International MERC at this time. Stock is rising and might rise more.

It appears as if Mercer International MERC gave a large move recently.

Stock of Mercer International (MERC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Mercer International is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mercer International stays above 10.2, but if it comes below 10.2, then a intra day sell could be more profitable.
If you take a sell trade below 10.2, then use 10.2 as stoploss and 9.9 as target. However if you take a buy trade in Mercer International, then use 10.2 as stoploss and 10.6 as target.

MERC Mercer International is falling or rising NEWS fundamental reasons

More announcements and NEWS

MERC Mercer International Inc. current price & indicator signals

Moving Averages for Mercer International Inc.

  • 5Day Average: 10.18
  • 12Day Average: 9.88
  • 20Day Average: 9.82
  • 50Day Average: 9.68
  • 100Day Average: 9.23
  • 150Day Average: 9.11
  • 200Day Average: 8.98

MERC Indicators & signals

Indicator MACD (12,26,9)

9.99, 9.85, 0.09
Indicator MACD is in positive zone

Indicator ADX (14)

22.22, 30.56, 19.44
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MERC Mercer International Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
01 Wed May 2024 10.24 10.05 to 10.59 1.09% 1.47 times
30 Tue Apr 2024 10.13 10.11 to 10.39 -0.98% 1.32 times
29 Mon Apr 2024 10.23 10.08 to 10.32 1.79% 0.9 times
26 Fri Apr 2024 10.05 10.04 to 10.45 -1.95% 0.77 times
25 Thu Apr 2024 10.25 10.03 to 10.35 0.2% 1.09 times
24 Wed Apr 2024 10.23 9.97 to 10.25 2.61% 0.89 times
23 Tue Apr 2024 9.97 9.59 to 10.08 3.32% 0.85 times
22 Mon Apr 2024 9.65 9.50 to 9.77 1.15% 0.82 times
19 Fri Apr 2024 9.54 9.50 to 9.72 -0.31% 1.03 times
18 Thu Apr 2024 9.57 9.27 to 9.75 1.27% 0.98 times
17 Wed Apr 2024 9.45 9.26 to 9.69 2.38% 1.35 times
16 Tue Apr 2024 9.23 9.05 to 9.33 -0.22% 0.7 times

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MERC NEWS why is Mercer International Inc. price falling or rising

 

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