(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 2024-09-16 View latest technical analysis
10 day averaged volume of Rose Merc is 3148
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 135.35 | 141.70 | 141.70 | 128.25 | 0.787 times |
| 13 Fri Sep 2024 | 135.00 | 128.95 | 135.00 | 127.35 | 0.551 times |
| 12 Thu Sep 2024 | 133.90 | 131.85 | 134.00 | 122.00 | 1.872 times |
| 11 Wed Sep 2024 | 128.40 | 131.00 | 131.10 | 125.40 | 0.511 times |
| 10 Tue Sep 2024 | 131.80 | 131.95 | 132.10 | 129.95 | 1.589 times |
| 09 Mon Sep 2024 | 136.75 | 139.90 | 142.00 | 129.50 | 1.765 times |
| 06 Fri Sep 2024 | 135.50 | 138.90 | 138.90 | 132.00 | 1.185 times |
| 05 Thu Sep 2024 | 138.90 | 137.55 | 141.95 | 135.40 | 0.652 times |
| 04 Wed Sep 2024 | 142.50 | 145.95 | 145.95 | 139.00 | 0.742 times |
| 03 Tue Sep 2024 | 146.15 | 148.00 | 148.00 | 137.65 | 1.009 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 132.9 as stoploss in an intra day buy trade for a target of 139.4. However, stock will show a bearish move below 132.9.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 94.20 |
| Downside Target | 108.30 |
| Downside Target | 113.00 |
| Downside Target | 122.00 |
| Downside Target | 128.25 |
| Downside Target | 132.00 |
| Downside Target | 135.00 |
| Upside Target | 140.05 |
| Upside Target | 148.90 |
| 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 | 128.5 |
| Downside Intraday Target | 121.65 |
| Upside Intraday Target | 141.95 |
| Upside Intraday Target | 148.55 |
| Downside Intraday Target | 135.1 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 135.35 | 141.70 | 141.70 | 128.25 | 0.125 times |
| 13 Fri Sep 2024 | 135.00 | 139.90 | 142.00 | 122.00 | 1.694 times |
| 06 Fri Sep 2024 | 135.50 | 147.05 | 148.90 | 132.00 | 0.558 times |
| 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 |
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 |
| 16 Mon Sep 2024 | 135.35 | 147.05 | 148.90 | 122.00 | 0.566 times |
| 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rose Merc in short term but the sell signal is initial and weak.
Rose Merc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Rose Merc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 136.2 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rose Merc in short term but the sell signal is initial and weak.
Rose Merc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Rose Merc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 136.2 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Rose Merc charts
Click here for further forecast and predictions for tomorrow