(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 2024-10-10 View latest technical analysis
10 day averaged volume of Rose Merc is 4997
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 159.20 | 152.30 | 161.00 | 150.20 | 1.933 times |
| 09 Wed Oct 2024 | 157.05 | 169.95 | 169.95 | 156.80 | 0.447 times |
| 08 Tue Oct 2024 | 165.00 | 172.65 | 172.65 | 156.50 | 1.682 times |
| 07 Mon Oct 2024 | 164.45 | 177.45 | 177.45 | 164.45 | 1.018 times |
| 03 Thu Oct 2024 | 167.10 | 167.10 | 167.10 | 167.10 | 0.611 times |
| 01 Tue Oct 2024 | 159.15 | 159.15 | 159.15 | 159.00 | 1.469 times |
| 30 Mon Sep 2024 | 151.60 | 151.40 | 151.60 | 145.75 | 1.46 times |
| 27 Fri Sep 2024 | 144.40 | 144.40 | 144.40 | 144.40 | 1.196 times |
| 26 Thu Sep 2024 | 137.55 | 137.55 | 137.55 | 137.55 | 0.198 times |
| 25 Wed Sep 2024 | 131.00 | 131.00 | 131.00 | 131.00 | 0.533 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 156.7, but if it comes below 156.7, then a intra day sell could be more profitable.
If you take a sell trade below 156.7, then use 156.7 as stoploss and 141.22 as target. However if you take a buy trade in stock , then use 156.7 as stoploss and 175.2 as target.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 108.30 |
| Downside Target | 113.00 |
| Downside Target | 116.40 |
| Downside Target | 120.05 |
| Downside Target | 135.00 |
| Downside Target | 141.70 |
| Downside Target | 150.20 |
| Downside Target | 155.40 |
| Downside Target | 159.00 |
| Upside Target | 160.00 |
| Upside Target | 167.10 |
| Upside Target | 177.45 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 147.12 |
| Downside Intraday Target | 135.03 |
| Upside Intraday Target | 174.37 |
| Upside Intraday Target | 189.53 |
| Upside Intraday Target | 162.28 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 159.20 | 177.45 | 177.45 | 150.20 | 1.435 times |
| 03 Thu Oct 2024 | 167.10 | 151.40 | 167.10 | 145.75 | 0.949 times |
| 27 Fri Sep 2024 | 144.40 | 125.80 | 144.40 | 116.40 | 0.809 times |
| 20 Fri Sep 2024 | 120.40 | 141.70 | 141.70 | 120.05 | 1.164 times |
| 13 Fri Sep 2024 | 135.00 | 139.90 | 142.00 | 122.00 | 1.694 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 |
| 10 Thu Oct 2024 | 159.20 | 159.15 | 177.45 | 150.20 | 0.445 times |
| 30 Mon Sep 2024 | 151.60 | 147.05 | 151.60 | 116.40 | 1.342 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 |
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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Rose Merc stock for short term is BUY. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
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 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 156.43 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Rose Merc stock for short term is BUY. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
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 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 156.43 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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