Mercer International Technical Analysis (NASDAQ:MERC)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The MERC stock chart pattern can give those who understand technical analysis an indication of which way MERC stock is headed, but cannot predict with 100% certainty as to what can happen to the Mercer International stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Mercer International. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Mercer International stock analysis.
Mercer International Moving Average
Moving averages help predict the price direction of MERC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $17.43 is above the last closing price of $17.15 and the 50 day moving average of $17.52 is above the last closing price of $17.15. The 10 and 20 day periods can predict short term moving average trends.
Mercer International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Mercer International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Mercer International bollinger bands.
Mercer International Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Mercer International MACD line is below the signal line.
Mercer International Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of MERC stock is 43.04.