Technical Analysis for MERC - Mercer International Inc.

Grade Last Price % Change Price Change
grade F 7.16 -0.42% -0.03
MERC closed down 0.42 percent on Tuesday, August 4, 2020, on 77 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical MERC trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%

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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.
Fuels Biofuels Sustainable Development Pulp Biofuel Pulp And Paper Industry Papermaking Fluff Pulp 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 13.62
52 Week Low 6.42
Average Volume 203,707
200-Day Moving Average 9.83
50-Day Moving Average 8.20
20-Day Moving Average 7.78
10-Day Moving Average 7.68
Average True Range 0.37
ADX 9.93
+DI 14.48
-DI 25.21
Chandelier Exit (Long, 3 ATRs ) 7.21
Chandelier Exit (Short, 3 ATRs ) 8.06
Upper Bollinger Band 8.26
Lower Bollinger Band 7.29
Percent B (%b) -0.13
BandWidth 12.48
MACD Line -0.20
MACD Signal Line -0.14
MACD Histogram -0.0555
Fundamentals Value
Market Cap 465.2 Million
Num Shares 65 Million
EPS 0.59
Price-to-Earnings (P/E) Ratio 12.14
Price-to-Sales 0.93
Price-to-Book 2.06
PEG Ratio 1.55
Dividend 0.46
Dividend Yield 6.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.57
Resistance 3 (R3) 7.54 7.38 7.50
Resistance 2 (R2) 7.38 7.28 7.39 7.47
Resistance 1 (R1) 7.27 7.21 7.19 7.30 7.45
Pivot Point 7.11 7.11 7.07 7.12 7.11
Support 1 (S1) 7.00 7.01 6.92 7.03 6.87
Support 2 (S2) 6.84 6.94 6.85 6.85
Support 3 (S3) 6.73 6.84 6.82
Support 4 (S4) 6.76