MERCER INTERNATIONAL INC (MERC)
US5880561015 - Common Stock
We assign a technical rating of 4 out of 10 to MERC. MERC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MERC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MERC is performing more or less in line with the market.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MERC outperforms 68% of them, which is more or less in line with the market.
MERC is an average performer in the Paper & Forest Products industry, it outperforms 50% of 9 stocks in the same industry.
In the last month MERC has a been trading in the 9.05 - 10.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MERC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.43, a Stop Loss order could be placed below this zone.
More info and screens
7.57
10.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.13 to 9.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.93 from a horizontal line in the daily time frame.
- Support @8.07 from a horizontal line in the weekly time frame.
- Support @7.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.03 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.96
Mansfield-0.2
10 Day High10.1
10 Day Low9.05
20 Day High10.29
20 Day Low9.05
52 Week High10.42
52 Week Low7.01
Performance
1 Week1.06%
2 Weeks-5.17%
1 Month-3.44%
3 Month10.93%
6 Month5.65%
12 Month4.95%
2 Year-40.41%
3 Year-42.15%
5 Year-32.63%
10 Year15.22%
15 Year1573.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)48.84
LBB9.11
UBB10.31
MERCER INTERNATIONAL INC
NASDAQ:MERC (4/19/2024, 7:03:19 PM)
After market: 9.54 0 (0%)9.54
-0.03 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-0.31%
1 Week1.06%
2 Weeks-5.17%
1 Month-3.44%
3 Month10.93%
6 Month5.65%
12 Month4.95%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%3.58%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.1
10 Day Low9.05
20 Day High10.29
20 Day Low9.05
52 Week High10.42
52 Week Low7.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume158.10K
Volume Incr-14.61%
Vol(5)150.82K
Vol(50)248.33K