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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 1883

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 106.30 112.00 112.00 106.30 2.409 times
23 Tue Apr 2024 111.85 117.40 117.40 111.65 0.33 times
22 Mon Apr 2024 117.40 113.00 119.85 113.00 0.975 times
19 Fri Apr 2024 117.25 124.90 124.90 113.15 1.873 times
18 Thu Apr 2024 119.00 116.50 127.40 116.50 1.663 times
16 Tue Apr 2024 121.95 123.00 124.45 118.70 0.773 times
15 Mon Apr 2024 124.65 122.05 125.00 121.80 1.072 times
12 Fri Apr 2024 128.20 134.00 134.00 128.20 1.162 times
10 Wed Apr 2024 134.90 139.00 139.00 131.40 0.638 times
09 Tue Apr 2024 132.40 135.55 139.40 131.00 1.17 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 108.1, for a target of 118.5 or 127.15

Share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Target 60.95
Downside Target 106.30
Upside Target 108.90
Upside Target 113.15
Upside Target 119.85
Upside Target 127.40
Upside Target 131.90
Upside Target 140.00
Upside Target 143.00
Upside Target 144.80
Upside Target 159.85
Upside Target 193.90
Upside Target 197.75

Intraday share price targets for Rose Merc (RoseMerc)

Target Type Value
Downside Intraday Target 101.78
Downside Intraday Target 97.27
Upside Intraday Target 115.33
Upside Intraday Target 124.37
Upside Intraday Target 110.82

Weekly technical analysis of Rose Merc (RoseMerc)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 106.30 113.00 119.85 106.30 0.69 times
19 Fri Apr 2024 117.25 122.05 127.40 113.15 1.624 times
12 Fri Apr 2024 128.20 136.25 140.00 128.20 0.582 times
05 Fri Apr 2024 136.75 126.45 143.00 123.00 0.635 times
28 Thu Mar 2024 129.00 131.90 131.90 122.20 0.575 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
24 Wed Apr 2024 106.30 126.45 143.00 106.30 0.152 times
28 Thu Mar 2024 129.00 151.95 159.85 119.85 1.637 times
29 Thu Feb 2024 144.80 197.75 197.75 144.80 1.468 times
31 Wed Jan 2024 193.90 120.30 193.90 108.90 0.751 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 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 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 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 119.59 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 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 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 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 119.59 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.

Click here for Rose Merc charts

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Daily charts

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