MERCER INTERNATIONAL INC (MERC) Stock Technical Analysis
NASDAQ:MERC - Nasdaq - US5880561015 - Common Stock - Currency: USD
Overall MERC gets a technical rating of 4 out of 10. 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.
When comparing the yearly performance of all stocks, MERC is a bad performer in the overall market: 74% 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 87% are performing better than MERC.
MERC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MERC has a been trading in the 6.22 - 6.88 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MERC has an average technical rating and the quality of the presented setup is also not ideal 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
5.93
6.94
We found 4 important support areas.
- Support @6.82 from a horizontal line in the daily time frame.
- A support zone ranging from 6.43 to 6.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.11 to 6.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.87 to 6.87. 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
CRS26.34
Mansfield-2.07
10 Day High6.88
10 Day Low6.22
20 Day High6.88
20 Day Low6.22
52 Week High11.2
52 Week Low5.33
Performance
1 Week5.54%
2 Weeks9.06%
1 Month5.86%
3 Month6.52%
6 Month2.54%
12 Month-14.57%
2 Year-46.11%
3 Year-43.54%
5 Year-37.69%
10 Year-45.9%
15 Year119.87%
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)0.03
RSI(14)60.8
LBB6.19
UBB6.8
MERCER INTERNATIONAL INC
NASDAQ:MERC (1/30/2025, 8:00:01 PM)
After market: 6.86 0 (0%)6.86
+0.18 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg2.69%
1 Week5.54%
2 Weeks9.06%
1 Month5.86%
3 Month6.52%
6 Month2.54%
12 Month-14.57%
2 Year-46.11%
3 Year-43.54%
5 Year-37.69%
10 Year-45.9%
15 Year119.87%
Volatility
ATR(14)0.22
ATR(20)%3.27%
ATR Inc8.21%
Range Today0.14
ADR(20)0.22
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.34
Mansfield-2.07
10 Day High6.88
10 Day Low6.22
20 Day High6.88
20 Day Low6.22
52 Week High11.2
52 Week Low5.33
CS1 End6.82
CR1 Start6.87
Volume & EV
DER(3)1.7%
DER(5)0.31%
Volume205.00K
Volume Incr-7.06%
Vol(5)248.80K
Vol(50)300.17K