MERCER INTERNATIONAL INC (MERC) Technical Analysis
NASDAQ:MERC • US5880561015
Current stock price
MERC Technical Rating and Analysis
Overall MERC gets a technical rating of 0 out of 10. MERC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MERC is a bad performer in the overall market: 96% of all stocks are doing better.
- MERC is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 100% are performing better than MERC.
- MERC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MERC is lagging the market.
- In the last month MERC has a been trading in the 1.23 - 1.77 range, which is quite wide. It is currently trading near the lows of this range.
MERC Weekly and Daily overview Charts
MERC Setup Rating and Analysis
Although the technical rating is bad, MERC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.42. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MERC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MERC Support and Resistance Analysis
1.26
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.58 from a trend line in the weekly time frame.
- Resistance @2.11 from a trend line in the daily time frame.
- Resistance @2.28 from a trend line in the weekly time frame.
- Resistance @2.50 from a trend line in the daily time frame.
MERC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MERC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MERC is down. |
| ChartMill Relative Strength | 4.99 | NEGATIVE | MERC has a low relative strength, it was outperformed by 95.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MERC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MERC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MERC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for MERC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MERC has a positive trend. |
| Stochastics (14,3) | 43.91 | NEUTRAL | The Stochastics value for MERC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.39 | HIGH VOLATILITY | The high ATR as a percentage value for MERC suggests high volalility. |
| Average Directional Index/ADX (14) | 32.26 | POSITIVE | The high ADX value value for MERC suggests a strong trend. |
MERC Chart- and CandleStick Pattern Analysis
MERC Technicals: Chart, Performance Metrics, Trend & Indicators
1.41
+0.03 (+2.17%)
MERCER INTERNATIONAL INC / MERC TA FAQ
What is the technical rating for MERC stock?
ChartMill assigns a technical rating of 0 / 10 to MERC.
Can you provide the trend direction for MERCER INTERNATIONAL INC?
The current trend direction for MERCER INTERNATIONAL INC (MERC) is Bearish.
Can you provide the RSI signal for MERCER INTERNATIONAL INC?
MERCER INTERNATIONAL INC (MERC) has an RSI value of 40.2156. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MERCER INTERNATIONAL INC?
The MACD indicator for MERCER INTERNATIONAL INC (MERC) has a value of 0.023966, indicating a bearish trend.
What is the buy/sell signal for MERCER INTERNATIONAL INC (MERC) stock?
The buy/sell signal for MERCER INTERNATIONAL INC (MERC) is sell as both the short term and long term trends are negative.