(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 2024-01-30 View latest technical analysis
10 day averaged volume of Mercer International is 241260
Date | Daily Closing Price | Open | High | Low | Volume |
30 Tue Jan 2024 | 8.69 | 8.67 | 8.72 | 8.55 | 0.711 times |
29 Mon Jan 2024 | 8.69 | 8.79 | 8.79 | 8.60 | 0.721 times |
26 Fri Jan 2024 | 8.78 | 8.71 | 8.78 | 8.65 | 0.68 times |
25 Thu Jan 2024 | 8.72 | 8.75 | 8.75 | 8.48 | 1.282 times |
24 Wed Jan 2024 | 8.61 | 8.79 | 8.94 | 8.55 | 0.824 times |
23 Tue Jan 2024 | 8.65 | 8.76 | 8.80 | 8.55 | 0.933 times |
22 Mon Jan 2024 | 8.67 | 8.62 | 8.84 | 8.52 | 0.918 times |
19 Fri Jan 2024 | 8.60 | 8.74 | 8.78 | 8.50 | 0.803 times |
18 Thu Jan 2024 | 8.73 | 8.95 | 9.00 | 8.71 | 1.175 times |
17 Wed Jan 2024 | 8.92 | 9.06 | 9.07 | 8.86 | 1.248 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.6 as stoploss in an intra day buy trade for a target of 8.93. However, stock will show a bearish move below 8.6.
Share price targets for Mercer International (MERC)
Target Type | Value |
Downside Target | 7.64 |
Downside Target | 7.81 |
Downside Target | 8.14 |
Downside Target | 8.48 |
Upside Target | 8.79 |
Upside Target | 9.34 |
Upside Target | 9.64 |
Upside Target | 9.78 |
Upside Target | 10.03 |
Upside Target | 10.12 |
Upside Target | 10.13 |
Intraday share price targets for Mercer International (MERC)
Target Type | Value |
Downside Intraday Target | 8.56 |
Downside Intraday Target | 8.44 |
Upside Intraday Target | 8.8 |
Upside Intraday Target | 8.92 |
Downside Intraday Target | 8.68 |
Weekly technical analysis of Mercer International (MERC)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Tue Jan 2024 | 8.69 | 8.79 | 8.79 | 8.55 | 0.309 times |
26 Fri Jan 2024 | 8.78 | 8.62 | 8.94 | 8.48 | 0.999 times |
19 Fri Jan 2024 | 8.60 | 9.59 | 10.13 | 8.50 | 1.898 times |
12 Fri Jan 2024 | 9.84 | 9.34 | 10.03 | 9.34 | 0.47 times |
12 Fri Jan 2024 | 9.84 | 9.02 | 10.03 | 8.80 | 1.467 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 |
30 Tue Jan 2024 | 8.69 | 9.44 | 10.13 | 8.48 | 0.847 times |
29 Fri Dec 2023 | 9.48 | 9.54 | 9.78 | 8.23 | 0.787 times |
30 Thu Nov 2023 | 9.58 | 7.92 | 10.12 | 7.64 | 0.871 times |
31 Tue Oct 2023 | 7.94 | 8.57 | 9.64 | 7.81 | 1.119 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercer International ( (MERC) ) based on a short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Mercer International stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 8.72 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercer International ( (MERC) ) based on a short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Mercer International stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercer International in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercer International in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 8.72 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.