(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 2024-07-26 View latest technical analysis
10 day averaged volume of Rose Merc is 827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 124.85 | 120.70 | 124.90 | 115.00 | 2.641 times |
| 25 Thu Jul 2024 | 120.70 | 126.85 | 129.70 | 120.55 | 0.451 times |
| 24 Wed Jul 2024 | 126.85 | 115.70 | 126.85 | 115.70 | 0.268 times |
| 23 Tue Jul 2024 | 121.70 | 121.30 | 122.00 | 121.00 | 0.076 times |
| 22 Mon Jul 2024 | 121.20 | 120.85 | 126.00 | 120.75 | 2.037 times |
| 19 Fri Jul 2024 | 127.10 | 131.05 | 131.05 | 127.05 | 0.932 times |
| 18 Thu Jul 2024 | 133.70 | 130.80 | 133.70 | 126.00 | 0.677 times |
| 16 Tue Jul 2024 | 130.90 | 133.45 | 135.95 | 125.50 | 1.545 times |
| 15 Mon Jul 2024 | 132.10 | 143.00 | 143.00 | 130.15 | 1.9 times |
| 12 Fri Jul 2024 | 137.00 | 136.65 | 140.20 | 136.60 | 0.857 times |
Stock of Rose Merc (RoseMerc) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 126.2, but if it comes above 126.2, then a intra day buy could be more profitable.
If you take a sell trade below 126.2, then use 126.2 as stoploss and 114.7 as target. However if you take a buy trade in stock , then use 126.2 as stoploss and 135.82 as target.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 94.20 |
| Downside Target | 97.95 |
| Downside Target | 115.00 |
| Downside Target | 119.85 |
| Upside Target | 125.50 |
| Upside Target | 128.25 |
| Upside Target | 132.60 |
| Upside Target | 143.00 |
| Upside Target | 153.20 |
| Upside Target | 159.00 |
| Upside Target | 159.85 |
| Upside Target | 160.00 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 116.67 |
| Downside Intraday Target | 108.48 |
| Upside Intraday Target | 131.37 |
| Upside Intraday Target | 137.88 |
| Downside Intraday Target | 123.18 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 124.85 | 120.85 | 129.70 | 115.00 | 1.083 times |
| 19 Fri Jul 2024 | 127.10 | 143.00 | 143.00 | 125.50 | 1.543 times |
| 12 Fri Jul 2024 | 137.00 | 146.00 | 153.20 | 132.60 | 0.068 times |
| 05 Fri Jul 2024 | 139.50 | 144.70 | 159.00 | 128.25 | 23.913 times |
| 28 Fri Jun 2024 | 144.70 | 159.00 | 159.00 | 144.70 | 1.014 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 |
| 26 Fri Jul 2024 | 124.85 | 144.70 | 159.00 | 115.00 | 6.349 times |
| 28 Fri Jun 2024 | 144.70 | 135.30 | 160.00 | 135.00 | 0.315 times |
| 31 Fri May 2024 | 138.05 | 105.95 | 143.60 | 94.20 | 0.487 times |
| 30 Tue Apr 2024 | 101.95 | 126.45 | 143.00 | 97.95 | 0.235 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but selling is losing 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 127.71 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 but selling is losing 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 127.71 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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