Geez, brutal day for Mercer International, investors dumped shares on the market and there weren't too many buyers interested in picking them up which causes price to plunge. Negative outlook for the company may continue to
hammer the stock. We'll see if we hit bottom here and get some buyers to come in fishing for value. It looks like MERC may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line MERC is near a weak support line. We'll see if it bounces off or heads lower. The Forest Products company has been chopping around the last few months without a clear directional momentum. So it may move up from this point, but hard to say.
If we get a reversal off of support and Mercer International starts moving up, it can probably get to $8.16 at which point it'll need to break through that resistance level in order to keep moving higher. If Mercer International continues to break down lower from here, it'll likely fall until it gets to $5.59 at which point previous buyers at this level may move in and give it support.
The analysts are pretty neutral on Mercer International right now, so not much useful information here. The current Analysts Sentiment Score is 0.49. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Royal Bank of Canada gave a boost to their price target and moved to $10.00 from $9.00 on 2024-02-28. TD Securities announced a lowering of their price target to $9.50 from $10.00 on 2024-02-20. Raymond James gave a boost to their price target and moved to $8.50 from $7.50 on 2024-02-06. CIBC announced an upgrade on 2024-01-12 from Sector Underperform to Neutral and moved up their price target to $9.00 which is a 12.5% increase. On 2023-08-24 Credit Suisse Group lowered their price target by -5.26% to $9.00. CSFB announced a lowering of their price target to $9.00 from $9.50 on 2023-08-24.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| MERC | 0.49 | 0.72 | 0 | 0.7 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| MERC | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| MERC | 4.75 | %5.6 | 4.3 | -5.94 | 2130000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Forest Products | 6 | -6.78 | -4.98 | -7.61 | -9.35 | -18.86 | -29.13 | 48.83 | -30.10 | -21.36 | -19.66 | -22292.37 | -1253.64 | 41.67 | 0.00 | 3.03 | -0.03 |
| Basic Materials | 123 | -6.41 | -5.61 | -7.01 | -10.74 | -19.17 | -18.70 | 46.43 | -33.58 | -25.87 | -31.17 | -20022.00 | -4810.39 | 10.57 | 2.03 | 3.72 | 0.47 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| MERC |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APLE | Apple Hospitality REIT, I | 0.63 | -9.30 | -9.09 | -20.25 | -19.97 | -20.95 | -27.10 | 22 | -13.23 | -7.73 | -10.43 | -21848.25 | 0.00 | 0 | 0 | 10.7357 |
| HWM | Howmet Aerospace Inc. | 0.61 | -6.65 | -3.62 | 0.48 | 11.95 | 23.41 | 89.39 | 52 | 69.89 | 128.92 | 184.73 | 173.31 | -28752.59 | 125 | 0 | 1.16238 |
| GIII | G-Iii Apparel Group Ltd | 0.59 | -9.03 | -6.76 | -3.97 | -21.57 | -13.02 | -8.01 | 60 | -15.19 | -11.49 | -15.67 | -2637.60 | -5820.82 | 0 | 0 | 10.1798 |
| XHR | Xenia Hotels & Resorts, I | 0.57 | -10.76 | -10.84 | -21.42 | -28.17 | -30.36 | -29.42 | 26 | -21.06 | -12.12 | -15.97 | -16643.56 | -595.33 | 0 | 0 | 4.63005 |
| TRN | Trinity Industries, Inc. | 0.56 | -7.66 | -6.33 | -10.66 | -24.50 | -21.20 | -3.34 | 32 | -10.99 | -8.82 | -8.90 | -13977.62 | 172.47 | 0 | 0 | 3.15 |
| WAL | Western Alliance Bancorpo | 0.56 | -15.93 | -14.25 | -15.57 | -20.06 | -21.38 | 7.35 | 50 | 1.09 | 0.95 | 6.56 | -3702.52 | -2104.63 | 0 | 0 | 3.04034 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
