(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 2024-12-03 View latest technical analysis
10 day averaged volume of Rose Merc is 3504
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Dec 2024 | 122.30 | 128.10 | 129.90 | 120.40 | 2.159 times |
| 02 Mon Dec 2024 | 126.70 | 129.35 | 129.80 | 126.70 | 2.731 times |
| 29 Fri Nov 2024 | 133.35 | 132.50 | 134.90 | 128.40 | 0.716 times |
| 28 Thu Nov 2024 | 133.00 | 134.00 | 134.50 | 133.00 | 0.4 times |
| 27 Wed Nov 2024 | 134.95 | 126.50 | 136.90 | 126.50 | 0.425 times |
| 26 Tue Nov 2024 | 132.35 | 131.85 | 132.40 | 128.50 | 0.991 times |
| 25 Mon Nov 2024 | 131.85 | 134.00 | 135.00 | 127.35 | 1.332 times |
| 22 Fri Nov 2024 | 134.05 | 140.00 | 140.00 | 130.55 | 0.406 times |
| 21 Thu Nov 2024 | 137.25 | 130.00 | 137.45 | 130.00 | 0.367 times |
| 19 Tue Nov 2024 | 132.85 | 133.25 | 137.90 | 127.05 | 0.561 times |
Stock of Rose Merc (RoseMerc) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 120.7, for a target of 125.9 or 130.16
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 108.30 |
| Downside Target | 116.40 |
| Upside Target | 126.50 |
| Upside Target | 129.90 |
| 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 | 118.5 |
| Downside Intraday Target | 114.7 |
| Upside Intraday Target | 128 |
| Upside Intraday Target | 133.7 |
| Upside Intraday Target | 124.2 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Dec 2024 | 122.30 | 129.35 | 129.90 | 120.40 | 1.265 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 |
| 03 Tue Dec 2024 | 122.30 | 129.35 | 129.90 | 120.40 | 0.264 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rose Merc in short term and the sell signal is strong.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 129.08 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rose Merc in short term and the sell signal is strong.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 129.08 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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