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(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)

10 day averaged volume of Rose Merc is 630

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 26.70 24.75 27.20 24.75 3.732 times
24 Thu Nov 2022 26.00 26.25 28.65 26.00 3.502 times
22 Tue Nov 2022 27.35 27.40 27.40 26.00 0.335 times
21 Mon Nov 2022 26.10 26.10 26.10 26.10 0.04 times
18 Fri Nov 2022 27.45 27.55 27.55 27.45 0.063 times
17 Thu Nov 2022 28.85 28.85 28.85 28.85 0.079 times
16 Wed Nov 2022 28.85 27.30 29.90 27.30 3.524 times
15 Tue Nov 2022 28.70 27.70 28.70 27.70 0.992 times
14 Mon Nov 2022 29.10 28.00 29.20 26.60 1.257 times
11 Fri Nov 2022 28.00 25.50 28.00 25.50 0.146 times

Stock of Rose Merc (RoseMerc) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 25.4 or till 23.6. Use a stoploss of 26.9 and if the stock hits stoploss, then it can shoot up till 28.39

Share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Target 18.95
Downside Target 19.55
Downside Target 23.00
Downside Target 23.60
Downside Target 24.70
Downside Target 25.60
Downside Target 26.60
Upside Target 28.05
Upside Target 28.65
Upside Target 29.90
Upside Target 29.95
Upside Target 31.85
Upside Target 33.65
Upside Target 37.50

Intraday share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Intraday Target 24.75
Downside Intraday Target 22.8
Upside Intraday Target 28.65
Upside Intraday Target 30.6
Downside Intraday Target 26.7

Weekly technical analysis of Rose Merc (RoseMerc)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 26.70 26.10 28.65 24.75 1.286 times
18 Fri Nov 2022 27.45 28.00 29.90 26.60 0.445 times
11 Fri Nov 2022 28.00 27.30 28.05 24.70 2.771 times
04 Fri Nov 2022 26.00 25.60 26.00 23.00 0.174 times
28 Fri Oct 2022 25.60 26.75 29.95 25.60 1.454 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
25 Fri Nov 2022 26.70 23.60 29.90 23.00 0.476 times
31 Mon Oct 2022 24.40 27.80 29.95 24.05 0.573 times
30 Fri Sep 2022 27.80 30.55 31.85 23.60 0.753 times
30 Tue Aug 2022 29.95 21.65 33.65 18.95 0.552 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)

Indicator Name Indicator Value Indicator Signal
ADX 27, 24, 6 Buy
MACD 0, 1Sell
Stochastics 30None
CCI -101Sell
RSI 48Sell
OBV 14549Sell
VWAP 27Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 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 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 27.48 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

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Daily charts

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Daily chart

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