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(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)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Rose Merc is 14214

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 128.25 141.20 141.20 128.25 0.271 times
19 Tue Mar 2024 135.00 145.80 145.80 134.00 0.697 times
18 Mon Mar 2024 138.90 139.00 139.00 138.80 0.029 times
15 Fri Mar 2024 132.40 119.85 132.45 119.85 1.885 times
14 Thu Mar 2024 126.15 126.15 126.15 126.15 0.013 times
13 Wed Mar 2024 132.75 132.75 132.75 132.75 0.031 times
12 Tue Mar 2024 139.70 140.00 151.50 139.70 0.601 times
11 Mon Mar 2024 147.05 159.65 159.85 145.00 0.41 times
07 Thu Mar 2024 152.50 154.00 154.00 142.60 0.715 times
06 Wed Mar 2024 147.05 147.05 147.05 133.10 4.655 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 132.4, but if it comes above 132.4, then a intra day buy could be more profitable.
If you take a sell trade below 132.4, then use 132.4 as stoploss and 116.5 as target. However if you take a buy trade in stock , then use 132.4 as stoploss and 145.72 as target.

Share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Target 58.05
Downside Target 60.95
Downside Target 108.90
Downside Target 114.82
Downside Target 119.85
Downside Target 128.25
Upside Target 133.00
Upside Target 137.60
Upside Target 144.80
Upside Target 154.00
Upside Target 159.85
Upside Target 171.60
Upside Target 184.15
Upside Target 193.90
Upside Target 197.75

Intraday share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Intraday Target 122.4
Downside Intraday Target 116.55
Upside Intraday Target 139.95
Upside Intraday Target 151.65
Upside Intraday Target 134.1

Weekly technical analysis of Rose Merc (RoseMerc)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 128.25 139.00 145.80 128.25 0.339 times
15 Fri Mar 2024 132.40 159.65 159.85 119.85 0.36 times
07 Thu Mar 2024 152.50 146.35 154.00 133.00 2.235 times
02 Sat Mar 2024 140.00 171.60 171.60 137.60 0.637 times
23 Fri Feb 2024 171.50 165.00 184.15 156.75 4.789 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
20 Wed Mar 2024 128.25 151.95 159.85 119.85 1.403 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
29 Fri Dec 2023 114.61 60.95 114.82 60.95 4.209 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 142.48 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 142.48 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.

Click here for Rose Merc charts

Click here for further forecast and predictions for tomorrow

Daily charts

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