(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 2024-12-02 View latest technical analysis
10 day averaged volume of Rose Merc is 2923
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 126.70 | 129.35 | 129.80 | 126.70 | 3.274 times |
| 29 Fri Nov 2024 | 133.35 | 132.50 | 134.90 | 128.40 | 0.859 times |
| 28 Thu Nov 2024 | 133.00 | 134.00 | 134.50 | 133.00 | 0.479 times |
| 27 Wed Nov 2024 | 134.95 | 126.50 | 136.90 | 126.50 | 0.509 times |
| 26 Tue Nov 2024 | 132.35 | 131.85 | 132.40 | 128.50 | 1.189 times |
| 25 Mon Nov 2024 | 131.85 | 134.00 | 135.00 | 127.35 | 1.597 times |
| 22 Fri Nov 2024 | 134.05 | 140.00 | 140.00 | 130.55 | 0.486 times |
| 21 Thu Nov 2024 | 137.25 | 130.00 | 137.45 | 130.00 | 0.44 times |
| 19 Tue Nov 2024 | 132.85 | 133.25 | 137.90 | 127.05 | 0.673 times |
| 18 Mon Nov 2024 | 133.25 | 138.90 | 142.00 | 128.65 | 2.482 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 126.6 as stoploss in an intra day buy trade for a target of 130.53. However, stock will show a bearish move below 126.6.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 108.30 |
| Downside Target | 116.40 |
| Downside Target | 126.50 |
| Upside Target | 129.80 |
| Upside Target | 135.00 |
| Upside Target | 136.90 |
| Upside Target | 139.00 |
| Upside Target | 142.00 |
| Upside Target | 151.60 |
| Upside Target | 155.40 |
| Upside Target | 177.45 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 125.67 |
| Downside Intraday Target | 124.63 |
| Upside Intraday Target | 128.77 |
| Upside Intraday Target | 130.83 |
| Upside Intraday Target | 127.73 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 126.70 | 129.35 | 129.80 | 126.70 | 0.707 times |
| 29 Fri Nov 2024 | 133.35 | 134.00 | 136.90 | 126.50 | 1.135 times |
| 22 Fri Nov 2024 | 134.05 | 138.90 | 142.00 | 127.05 | 1.256 times |
| 14 Thu Nov 2024 | 135.40 | 123.55 | 139.00 | 121.15 | 0.333 times |
| 08 Fri Nov 2024 | 127.05 | 135.00 | 135.00 | 118.45 | 2.241 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 |
| 02 Mon Dec 2024 | 126.70 | 129.35 | 129.80 | 126.70 | 0.148 times |
| 29 Fri Nov 2024 | 133.35 | 129.50 | 142.00 | 118.45 | 0.619 times |
| 31 Thu Oct 2024 | 126.85 | 159.15 | 177.45 | 120.05 | 1.302 times |
| 30 Mon Sep 2024 | 151.60 | 147.05 | 151.60 | 116.40 | 1.342 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term and SELL 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
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 131.41 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rose Merc in short term and SELL 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
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 131.41 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 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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