(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 2024-08-07 View latest technical analysis
10 day averaged volume of Rose Merc is 1273
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 114.00 | 120.00 | 120.00 | 109.25 | 2.24 times |
| 06 Tue Aug 2024 | 115.00 | 120.00 | 120.00 | 110.00 | 0.523 times |
| 05 Mon Aug 2024 | 115.00 | 120.15 | 120.15 | 109.25 | 1.183 times |
| 02 Fri Aug 2024 | 115.00 | 110.00 | 115.00 | 108.30 | 0.424 times |
| 01 Thu Aug 2024 | 113.95 | 121.10 | 121.10 | 113.95 | 1.612 times |
| 31 Wed Jul 2024 | 119.90 | 113.05 | 124.00 | 113.00 | 1.855 times |
| 30 Tue Jul 2024 | 118.90 | 124.00 | 124.00 | 116.20 | 1.186 times |
| 29 Mon Jul 2024 | 122.30 | 124.85 | 124.85 | 118.70 | 1.035 times |
| 26 Fri Jul 2024 | 124.85 | 120.70 | 124.90 | 115.00 | 1.716 times |
| 25 Thu Jul 2024 | 120.70 | 126.85 | 129.70 | 120.55 | 0.293 times |
Stock of Rose Merc (RoseMerc) has showed a significant fall. This could be a good time to exit from 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 115.8, but if it comes above 115.8, then a intra day buy could be more profitable.
If you take a sell trade below 115.8, then use 115.8 as stoploss and 105 as target. However if you take a buy trade in stock , then use 115.8 as stoploss and 124.8 as target.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 94.20 |
| Downside Target | 97.95 |
| Downside Target | 108.30 |
| Downside Target | 113.00 |
| Upside Target | 120.15 |
| Upside Target | 124.85 |
| Upside Target | 129.70 |
| Upside Target | 132.60 |
| Upside Target | 143.00 |
| Upside Target | 143.60 |
| Upside Target | 153.20 |
| Upside Target | 159.00 |
| Upside Target | 160.00 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 108.78 |
| Downside Intraday Target | 103.57 |
| Upside Intraday Target | 119.68 |
| Upside Intraday Target | 125.37 |
| Upside Intraday Target | 114.47 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 114.00 | 120.15 | 120.15 | 109.25 | 0.646 times |
| 02 Fri Aug 2024 | 115.00 | 124.85 | 124.85 | 108.30 | 1.719 times |
| 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 |
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 |
| 07 Wed Aug 2024 | 114.00 | 121.10 | 121.10 | 108.30 | 0.135 times |
| 31 Wed Jul 2024 | 119.90 | 144.70 | 159.00 | 113.00 | 6.993 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 but selling is losing 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 117.98 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 but selling is losing 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 117.98 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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