Advertisement

Ads Placeholder
Loading...

Mercantile Ventures Limited

MERCANTILE.BOBSE
Real Estate
Real Estate - Development
21.61
-0.44(-2.00%)
Indian Market opens in 2h 28m

Mercantile Ventures Limited (MERCANTILE.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mercantile Ventures Limited (BSE:MERCANTILE.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MERCANTILE.BO Technical Analysis Summary

Mercantile Ventures Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.99)
Trend Strength:Strong (ADX: 36.34)
Volatility:High (ATR: 1.85)
Support/Resistance:$17.13 – $23.77 (Bollinger Bands)

Technical conditions suggest Mercantile Ventures Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.99

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 77.80

Bullish
Buying momentum building without extremes.

Williams %R: -25.14

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.18

Neutral
Price change is minimal.

Takeaway:Mercantile Ventures Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.34

Strong
Strong trend, momentum well established.

ATR (14): 1.85

Low
Low volatility, stable price action.

CCI (14): 102.88

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mercantile Ventures Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.77
Middle Band (SMA 20)
$20.45
Lower Band
$17.13
Current Position
Within Bands

Takeaway:Mercantile Ventures Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$24.38
Middle Line (EMA 20)
$20.68
Lower Channel
$16.98
Squeeze Status
Squeeze On

Takeaway:Mercantile Ventures Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.85K
Money Flow Index40.77Neutral, balanced money flows with no clear signal.
Relative Vigor Index61.32Bullish, price momentum strongly favors buyers.

Overall Takeaway:MERCANTILE.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Mercantile Ventures Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Mercantile Ventures Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ