(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 2024-08-30 View latest technical analysis
10 day averaged volume of Rose Merc is 2953
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 144.45 | 149.00 | 155.40 | 140.60 | 4.097 times |
| 29 Thu Aug 2024 | 148.00 | 152.00 | 152.00 | 140.60 | 0.778 times |
| 28 Wed Aug 2024 | 147.95 | 148.55 | 148.55 | 141.55 | 0.359 times |
| 27 Tue Aug 2024 | 148.55 | 147.40 | 153.00 | 140.05 | 1.285 times |
| 26 Mon Aug 2024 | 147.40 | 149.80 | 149.80 | 146.70 | 0.569 times |
| 23 Fri Aug 2024 | 143.35 | 144.65 | 144.65 | 133.00 | 1.606 times |
| 22 Thu Aug 2024 | 137.80 | 135.90 | 138.00 | 130.65 | 0.581 times |
| 21 Wed Aug 2024 | 131.70 | 135.90 | 135.90 | 126.15 | 0.794 times |
| 20 Tue Aug 2024 | 129.65 | 128.05 | 133.00 | 122.00 | 1.268 times |
| 19 Mon Aug 2024 | 128.20 | 123.80 | 136.00 | 123.80 | 2.037 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 142.6, but if it comes below 142.6, then a intra day sell could be more profitable.
If you take a sell trade below 142.6, then use 142.6 as stoploss and 129.14 as target. However if you take a buy trade in stock , then use 142.6 as stoploss and 158.8 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 | 124.85 |
| Downside Target | 131.25 |
| Downside Target | 135.00 |
| Downside Target | 140.05 |
| Downside Target | 143.00 |
| Upside Target | 144.65 |
| Upside Target | 155.40 |
| Upside Target | 159.00 |
| Upside Target | 160.00 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 137.87 |
| Downside Intraday Target | 131.28 |
| Upside Intraday Target | 153.22 |
| Upside Intraday Target | 161.98 |
| Upside Intraday Target | 146.63 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 144.45 | 149.80 | 155.40 | 140.05 | 1.128 times |
| 23 Fri Aug 2024 | 143.35 | 123.80 | 144.65 | 122.00 | 2.427 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 |
Price has moved up 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 |
| 30 Fri Aug 2024 | 144.45 | 121.10 | 155.40 | 108.30 | 1.064 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term but SELL signal is weak.
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 140.21 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 positive
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term but SELL signal is weak.
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 140.21 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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