MERCER INTERNATIONAL INC. - Daily - Technical analysis published on 01/13/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 12.67 USD
My targets
11.08 USD (-6.42%)
10.59 USD (-10.56%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MERCER INTERNATIONAL INC. as long as the price remains well below 12.67 USD. The sellers” bearish objective is set at 11.08 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.59 USD. In case of crossing, the next objective would be the support located at 9.68 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MERCER INTERNATIONAL INC. rating is 11.84 USD. The price registered a decrease of -0.34% on the session and was traded between 11.61 USD and 11.95 USD over the period. The price is currently at +1.98% from its lowest and -0.92% from its highest.11.61
11.95
11.84
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MERCER INTERNATIONAL INC. in Daily shows an overall bearish trend. 75% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.68 | 10.59 | 11.82 | 11.84 | 12.67 | 14.89 | 15.76 |
| Change (%) | -18.24% | -10.56% | -0.17% | - | +7.01% | +25.76% | +33.11% |
| Change | -2.16 | -1.25 | -0.02 | - | +0.83 | +3.05 | +3.92 |
| Level | Intermediate | Major | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.45 | 11.62 | 11.75 | 11.92 | 12.05 | 12.22 | 12.35 |
| Camarilla | 11.80 | 11.83 | 11.85 | 11.88 | 11.91 | 11.94 | 11.96 |
| Woodie | 11.43 | 11.61 | 11.73 | 11.91 | 12.03 | 12.21 | 12.33 |
| Fibonacci | 11.62 | 11.74 | 11.81 | 11.92 | 12.04 | 12.11 | 12.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.12 | 11.54 | 11.77 | 12.19 | 12.42 | 12.84 | 13.07 |
| Camarilla | 11.82 | 11.88 | 11.94 | 12.00 | 12.06 | 12.12 | 12.18 |
| Woodie | 11.03 | 11.49 | 11.68 | 12.14 | 12.33 | 12.79 | 12.98 |
| Fibonacci | 11.54 | 11.79 | 11.94 | 12.19 | 12.44 | 12.59 | 12.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.50 | 11.08 | 11.69 | 12.28 | 12.89 | 13.47 | 14.08 |
| Camarilla | 11.97 | 12.08 | 12.19 | 12.30 | 12.41 | 12.52 | 12.63 |
| Woodie | 10.51 | 11.09 | 11.70 | 12.28 | 12.90 | 13.48 | 14.09 |
| Fibonacci | 11.08 | 11.54 | 11.82 | 12.28 | 12.73 | 13.01 | 13.47 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.97 | |
| MACD (12,26,9): | -0.0900 | |
| Directional Movement: | -7.78 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 12.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.64 | |
| Elder Ray (13): | -0.29 | |
| Super Trend (3,10): | 12.71 | |
| Zig ZAG (10): | 11.84 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 30.34 | |
| TEMA (21): | 11.93 | |
| Williams %R (14): | -76.40 | |
| Chande Momentum Oscillator (20): | -0.46 | |
| Repulse (5,40,3): | 0.6000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 5.07 |
| MA7: | 11.95 | |
| MA20: | 12.22 | |
| MA50: | 12.29 | |
| MA100: | 12.08 | |
| MAexp7: | 11.97 | |
| MAexp20: | 12.13 | |
| MAexp50: | 12.18 | |
| MAexp100: | 12.28 | |
| Price / MA7: | -0.92% | |
| Price / MA20: | -3.11% | |
| Price / MA50: | -3.66% | |
| Price / MA100: | -1.99% | |
| Price / MAexp7: | -1.09% | |
| Price / MAexp20: | -2.39% | |
| Price / MAexp50: | -2.79% | |
| Price / MAexp100: | -3.58% |
News
Don"t forget to follow the news on MERCER INTERNATIONAL INC.. At the time of publication of this analysis, the latest news was as follows:
- PayScale Announces the Re-Appointment of Mercer Executive Susan Haberman to Their Board of Directors
- Mercer Global Assets Under Management Reaches OCIO Industry Milestone by Passing $300 billion USD
- Mercer Names Edward Lehman US Health Leader
- Commvault Appoints Mercer Rowe as New Global Head of Channels & Alliances; Industry Veteran Edison Peres Joins as Strategic Advisor
- Mercer Appoints Geoffrey Smith as Gulf Coast Office Leader
This member declared not having a position on this financial instrument or a related financial instrument.
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