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 for Mercer International 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 Mercer International MERC at this time. Stock is falling and might fall more.

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

Stock of Mercer International (MERC) 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 Mercer International is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.2 as stoploss in an intra day buy trade for a target of 6.56. However, stock will show a bearish move below 6.2.

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: 6.46
  • 12Day Average: 6.44
  • 20Day Average: 6.68
  • 50Day Average: 6.49
  • 100Day Average: 7.01
  • 150Day Average: 7.92
  • 200Day Average: 8.21

MERC Indicators & signals

Indicator MACD (12,26,9)

6.5, 6.6, -0.04
Indicator MACD is in negative zone

Indicator ADX (14)

0, 21.88, 21.88
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
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
04 Mon Nov 2024 6.31 6.15 to 6.55 -2.02% 0.96 times
01 Fri Nov 2024 6.44 6.25 to 6.75 -1.23% 1.55 times
31 Thu Oct 2024 6.52 6.38 to 6.59 1.09% 0.75 times
30 Wed Oct 2024 6.45 6.44 to 6.75 -2.12% 0.63 times
29 Tue Oct 2024 6.59 6.55 to 6.71 -2.08% 0.8 times
28 Mon Oct 2024 6.73 6.54 to 6.86 3.06% 1 times
25 Fri Oct 2024 6.53 6.41 to 6.60 2.19% 0.58 times
24 Thu Oct 2024 6.39 6.06 to 6.46 4.58% 0.8 times
23 Wed Oct 2024 6.11 6.10 to 6.22 -0.97% 0.98 times
22 Tue Oct 2024 6.17 6.14 to 6.35 -1.75% 1.1 times
21 Mon Oct 2024 6.28 6.25 to 6.64 -6.27% 1.82 times
18 Fri Oct 2024 6.70 6.55 to 6.87 -0.45% 0.92 times

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

 

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