(RoseMerc) Rose Merc complete technical analysis [charts+indicators] | Buy/Sell Rose Merc | (RoseMerc) share price targets
Complete technical analysis of Rose Merc (RoseMerc) by charts plus indicators, forecast predictions and share price targets for Rose Merc (RoseMerc)
10 day averaged volume of Rose Merc is 1896
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 121.95 | 123.00 | 124.45 | 118.70 | 0.768 times |
| 15 Mon Apr 2024 | 124.65 | 122.05 | 125.00 | 121.80 | 1.064 times |
| 12 Fri Apr 2024 | 128.20 | 134.00 | 134.00 | 128.20 | 1.154 times |
| 10 Wed Apr 2024 | 134.90 | 139.00 | 139.00 | 131.40 | 0.634 times |
| 09 Tue Apr 2024 | 132.40 | 135.55 | 139.40 | 131.00 | 1.162 times |
| 08 Mon Apr 2024 | 135.50 | 136.25 | 140.00 | 135.50 | 0.34 times |
| 05 Fri Apr 2024 | 136.75 | 143.00 | 143.00 | 133.00 | 0.55 times |
| 04 Thu Apr 2024 | 139.00 | 133.00 | 139.00 | 129.00 | 1.288 times |
| 03 Wed Apr 2024 | 134.15 | 131.50 | 136.75 | 131.50 | 0.587 times |
| 02 Tue Apr 2024 | 130.90 | 140.40 | 140.40 | 130.00 | 0.68 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 121.9, for a target of 127.2 or 131.65
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 60.95 |
| Downside Target | 108.90 |
| Downside Target | 114.82 |
| Downside Target | 118.70 |
| Upside Target | 128.20 |
| Upside Target | 131.90 |
| Upside Target | 140.00 |
| Upside Target | 143.00 |
| Upside Target | 144.80 |
| Upside Target | 145.80 |
| Upside Target | 159.85 |
| Upside Target | 193.90 |
| Upside Target | 197.75 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 118.77 |
| Downside Intraday Target | 115.58 |
| Upside Intraday Target | 125.07 |
| Upside Intraday Target | 128.18 |
| Downside Intraday Target | 121.88 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 121.95 | 122.05 | 125.00 | 118.70 | 0.557 times |
| 12 Fri Apr 2024 | 128.20 | 136.25 | 140.00 | 128.20 | 0.582 times |
| 05 Fri Apr 2024 | 136.75 | 126.45 | 143.00 | 123.00 | 0.635 times |
| 28 Thu Mar 2024 | 129.00 | 131.90 | 131.90 | 122.20 | 0.575 times |
| 22 Fri Mar 2024 | 131.90 | 139.00 | 145.80 | 124.75 | 0.702 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Rose Merc (RoseMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 121.95 | 126.45 | 143.00 | 118.70 | 0.091 times |
| 28 Thu Mar 2024 | 129.00 | 151.95 | 159.85 | 119.85 | 1.637 times |
| 29 Thu Feb 2024 | 144.80 | 197.75 | 197.75 | 144.80 | 1.468 times |
| 31 Wed Jan 2024 | 193.90 | 120.30 | 193.90 | 108.90 | 0.751 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Rose Merc (RoseMerc)
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Rose Merc ( (RoseMerc) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rose Merc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rose Merc in short term and the sell signal is strong.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rose Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 131.48 and Rose Merc (RoseMerc) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Rose Merc (RoseMerc) stock. Volume based technical analysis of Rose Merc (RoseMerc) stock is negative.
Rose Merc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Rose Merc ( (RoseMerc) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rose Merc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rose Merc in short term and the sell signal is strong.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rose Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 131.48 and Rose Merc (RoseMerc) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Rose Merc (RoseMerc) stock. Volume based technical analysis of Rose Merc (RoseMerc) stock is negative.
Rose Merc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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