(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 2024-08-19 View latest technical analysis
10 day averaged volume of Rose Merc is 1839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 128.20 | 123.80 | 136.00 | 123.80 | 3.271 times |
| 16 Fri Aug 2024 | 130.30 | 125.00 | 131.25 | 118.75 | 1.159 times |
| 14 Wed Aug 2024 | 125.00 | 126.00 | 126.15 | 120.15 | 1.089 times |
| 13 Tue Aug 2024 | 120.15 | 119.30 | 125.30 | 114.00 | 1.156 times |
| 12 Mon Aug 2024 | 119.35 | 113.70 | 119.35 | 109.10 | 0.756 times |
| 09 Fri Aug 2024 | 113.70 | 112.95 | 113.70 | 112.95 | 0.964 times |
| 08 Thu Aug 2024 | 108.30 | 114.00 | 119.70 | 108.30 | 1.852 times |
| 07 Wed Aug 2024 | 114.00 | 120.00 | 120.00 | 109.25 | 1.551 times |
| 06 Tue Aug 2024 | 115.00 | 120.00 | 120.00 | 110.00 | 0.362 times |
| 05 Mon Aug 2024 | 115.00 | 120.15 | 120.15 | 109.25 | 0.819 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.2, but if it comes below 125.2, then a intra day sell could be more profitable.
If you take a sell trade below 125.2, then use 125.2 as stoploss and 119.72 as target. However if you take a buy trade in stock , then use 125.2 as stoploss and 131.8 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 |
| Downside Target | 120.15 |
| Downside Target | 123.80 |
| Upside Target | 129.70 |
| Upside Target | 135.00 |
| Upside Target | 136.00 |
| Upside Target | 143.00 |
| Upside Target | 143.60 |
| Upside Target | 159.00 |
| Upside Target | 160.00 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 122.67 |
| Downside Intraday Target | 117.13 |
| Upside Intraday Target | 134.87 |
| Upside Intraday Target | 141.53 |
| Upside Intraday Target | 129.33 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 128.20 | 123.80 | 136.00 | 123.80 | 0.786 times |
| 16 Fri Aug 2024 | 130.30 | 113.70 | 131.25 | 109.10 | 0.75 times |
| 09 Fri Aug 2024 | 113.70 | 120.15 | 120.15 | 108.30 | 1.311 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 |
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 |
| 19 Mon Aug 2024 | 128.20 | 121.10 | 136.00 | 108.30 | 0.47 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 up 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rose Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Rose Merc in short term and BUY 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
Stock of Rose Merc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.07 and Rose Merc (RoseMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rose Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Rose Merc in short term and BUY 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
Stock of Rose Merc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 120.07 and Rose Merc (RoseMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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