Technical Analysis for MERC - Mercer International Inc.

Grade Last Price % Change Price Change
A 10.81 0.37% 0.04
MERC closed up 0.37 percent on Thursday, May 9, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 10
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Doji - Bullish? Reversal 0.00%
Overbought Stochastic Strength 0.00%
180 Bullish Setup Bullish Swing Setup 0.37%
Pocket Pivot Bullish Swing Setup 0.37%
Upper Bollinger Band Walk Strength 0.37%
Inside Day Range Contraction 0.37%
Overbought Stochastic Strength 0.37%
Bearish Engulfing Bearish 2.95%
Slingshot Bullish Bullish Swing Setup 2.95%

   Recent Intraday Alerts

Alert Time
Reversed from Down about 19 hours ago
10 DMA Support about 19 hours ago
Down 3% about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago
Down 2 % about 19 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Mercer International Inc., together with its subsidiaries, engages in the manufacture and sale of northern bleached softwood kraft (NBSK) pulp primarily in North America, Europe, and Asia. It produces NBSK pulp principally from wood chips and pulp logs, as well as carbon neutral or green energy using carbon-neutral biofuels, such as black liquor and wood waste. The company sells its pulp to tissue, specialty paper, and other paper product manufacturers; and green energy to third party utilities. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Paper & Paper Products
Keywords: Fuel Biofuel Sustainable Development Bleach Pulp Green Energy Papermaking Pulp And Paper Industry Product Manufacturers Fluff Pulp Northern Bleached Softwood Kraft Wood Chips

Is MERC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.91
52 Week Low 6.9566
Average Volume 183,749
200-Day Moving Average 8.92
50-Day Moving Average 9.87
20-Day Moving Average 10.06
10-Day Moving Average 10.47
Average True Range 0.37
RSI (14) 64.54
ADX 29.23
+DI 20.44
-DI 12.02
Chandelier Exit (Long, 3 ATRs) 9.79
Chandelier Exit (Short, 3 ATRs) 10.17
Upper Bollinger Bands 11.09
Lower Bollinger Band 9.04
Percent B (%b) 0.86
BandWidth 20.37
MACD Line 0.29
MACD Signal Line 0.23
MACD Histogram 0.067
Fundamentals Value
Market Cap 719.13 Million
Num Shares 66.5 Million
EPS -2.03
Price-to-Earnings (P/E) Ratio -5.33
Price-to-Sales 0.25
Price-to-Book 0.79
PEG Ratio 1.54
Dividend 0.30
Dividend Yield 2.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.56
Resistance 3 (R3) 11.48 11.14 11.43
Resistance 2 (R2) 11.14 10.95 11.18 11.39
Resistance 1 (R1) 10.98 10.83 11.06 11.06 11.35
Pivot Point 10.64 10.64 10.69 10.69 10.64
Support 1 (S1) 10.48 10.45 10.56 10.56 10.27
Support 2 (S2) 10.14 10.33 10.19 10.23
Support 3 (S3) 9.98 10.14 10.19
Support 4 (S4) 10.06