(MERC) Mercer International complete technical analysis [charts+indicators] | Buy/Sell Mercer International | (MERC) share price targets
Complete technical analysis of Mercer International (MERC) by charts plus indicators, forecast predictions and share price targets for Mercer International (MERC)
Mercer International trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-19 View latest technical analysis
10 day averaged volume of Mercer International is 216700
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 9.18 | 9.07 | 9.27 | 9.07 | 1.121 times |
18 Mon Mar 2024 | 9.13 | 9.26 | 9.36 | 9.06 | 1.079 times |
15 Fri Mar 2024 | 9.25 | 9.22 | 9.87 | 9.15 | 1.99 times |
14 Thu Mar 2024 | 9.19 | 9.56 | 9.57 | 9.14 | 0.731 times |
13 Wed Mar 2024 | 9.62 | 9.68 | 9.86 | 9.58 | 0.75 times |
12 Tue Mar 2024 | 9.71 | 10.18 | 10.24 | 9.67 | 0.711 times |
11 Mon Mar 2024 | 10.18 | 10.01 | 10.25 | 9.95 | 0.776 times |
08 Fri Mar 2024 | 10.01 | 10.00 | 10.09 | 9.83 | 0.8 times |
07 Thu Mar 2024 | 9.93 | 10.12 | 10.21 | 9.90 | 0.55 times |
06 Wed Mar 2024 | 9.98 | 10.17 | 10.20 | 9.94 | 1.08 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.7 or till 8. Use a stoploss of 9.33 and if the stock hits stoploss, then it can shoot up till 9.94
Share price targets for Mercer International (MERC)
Target Type | Value |
Downside Target | 7.01 |
Downside Target | 7.64 |
Downside Target | 8.12 |
Downside Target | 8.42 |
Downside Target | 9.06 |
Upside Target | 9.36 |
Upside Target | 9.54 |
Upside Target | 9.78 |
Upside Target | 10.12 |
Upside Target | 10.13 |
Upside Target | 10.25 |
Upside Target | 10.42 |
Intraday share price targets for Mercer International (MERC)
Target Type | Value |
Downside Intraday Target | 9.04 |
Downside Intraday Target | 8.9 |
Upside Intraday Target | 9.34 |
Upside Intraday Target | 9.5 |
Upside Intraday Target | 9.2 |
Weekly technical analysis of Mercer International (MERC)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 9.18 | 9.26 | 9.36 | 9.06 | 0.444 times |
15 Fri Mar 2024 | 9.25 | 10.01 | 10.25 | 9.14 | 0.804 times |
08 Fri Mar 2024 | 10.01 | 9.54 | 10.42 | 9.54 | 0.917 times |
01 Fri Mar 2024 | 9.49 | 8.50 | 9.50 | 8.42 | 1.091 times |
23 Fri Feb 2024 | 8.51 | 8.25 | 8.60 | 8.12 | 0.538 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercer International (MERC)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 9.18 | 9.18 | 10.42 | 9.06 | 0.4 times |
29 Thu Feb 2024 | 9.18 | 8.49 | 9.37 | 7.01 | 1.419 times |
31 Wed Jan 2024 | 8.46 | 9.44 | 10.13 | 8.44 | 0.897 times |
29 Fri Dec 2023 | 9.48 | 9.54 | 9.78 | 8.23 | 0.787 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercer International (MERC)
Price action analysis of Mercer International ( (MERC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercer International ( (MERC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercer International ( (MERC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercer International ( (MERC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercer International stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term but the sell signal is initial and weak.
Mercer International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mercer International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.55 and Mercer International (MERC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercer International (MERC) stock. Volume based technical analysis of Mercer International (MERC) stock is negative.
Mercer International Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercer International ( (MERC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercer International ( (MERC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mercer International ( (MERC) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercer International ( (MERC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Mercer International stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term but the sell signal is initial and weak.
Mercer International Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mercer International is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.55 and Mercer International (MERC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercer International (MERC) stock. Volume based technical analysis of Mercer International (MERC) stock is negative.
Mercer International Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.