We assign a technical rating of 2 out of 10 to MERC. Recently some decent action could be observed, but in the medium term time frame this is still negative. MERC was also a bad performer in the overall market in the last year.
The technical rating of MERC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.84
We found 2 important support areas.
- A support zone ranging from 1.98 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.86 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.09 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for MERC is up. |
| ChartMill Relative Strength | 6.26 | NEGATIVE | MERC has a low relative strength, it was outperformed by 93.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MERC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MERC is above 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) | 55.08 | NEUTRAL | The RSI value for MERC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MERC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.18 | NEUTRAL | The Stochastics value for MERC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for MERC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for MERC suggests a possible start of a new trend. |
2.04
-0.05 (-2.39%)
MERCER INTERNATIONAL INC / MERC FAQ
What is the technical rating for MERC stock?
ChartMill assigns a technical rating of 2 / 10 to MERC.
What is the current trend direction of MERCER INTERNATIONAL INC (MERC) stock?
The current trend direction for MERCER INTERNATIONAL INC (MERC) is Bearish.
What is the RSI signal for MERCER INTERNATIONAL INC (MERC) stock?
MERCER INTERNATIONAL INC (MERC) has an RSI value of 55.0777. This indicates that the stock is currently neutral.
What is the MACD signal for MERC stock?
The MACD indicator for MERCER INTERNATIONAL INC (MERC) has a value of 0.032149, indicating a bearish trend.
What is the buy/sell signal for MERC stock?
The buy/sell signal for MERCER INTERNATIONAL INC (MERC) is hold as the short term and long term trends are mixed.