(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 2024-08-21 View latest technical analysis
10 day averaged volume of Rose Merc is 2611
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 131.70 | 135.90 | 135.90 | 126.15 | 0.898 times |
| 20 Tue Aug 2024 | 129.65 | 128.05 | 133.00 | 122.00 | 1.434 times |
| 19 Mon Aug 2024 | 128.20 | 123.80 | 136.00 | 123.80 | 2.304 times |
| 16 Fri Aug 2024 | 130.30 | 125.00 | 131.25 | 118.75 | 0.816 times |
| 14 Wed Aug 2024 | 125.00 | 126.00 | 126.15 | 120.15 | 0.767 times |
| 13 Tue Aug 2024 | 120.15 | 119.30 | 125.30 | 114.00 | 0.814 times |
| 12 Mon Aug 2024 | 119.35 | 113.70 | 119.35 | 109.10 | 0.532 times |
| 09 Fri Aug 2024 | 113.70 | 112.95 | 113.70 | 112.95 | 0.679 times |
| 08 Thu Aug 2024 | 108.30 | 114.00 | 119.70 | 108.30 | 1.304 times |
| 07 Wed Aug 2024 | 114.00 | 120.00 | 120.00 | 109.25 | 1.092 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 127.1, but if it comes below 127.1, then a intra day sell could be more profitable.
If you take a sell trade below 127.1, then use 127.1 as stoploss and 120.64 as target. However if you take a buy trade in stock , then use 127.1 as stoploss and 134.7 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 | 124.85 |
| Downside 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 | 123.8 |
| Downside Intraday Target | 115.9 |
| Upside Intraday Target | 137.8 |
| Upside Intraday Target | 143.9 |
| Downside Intraday Target | 129.9 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 131.70 | 123.80 | 136.00 | 122.00 | 1.582 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rose Merc (RoseMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 131.70 | 121.10 | 136.00 | 108.30 | 0.578 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 122.74 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 122.74 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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