(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 4220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 0.544 times |
| 20 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 1.656 times |
| 13 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 1.007 times |
| 06 Mon Mar 2023 | 43.36 | 43.36 | 43.36 | 43.36 | 2.7 times |
| 28 Tue Feb 2023 | 41.30 | 41.30 | 41.30 | 41.30 | 0.467 times |
| 27 Mon Feb 2023 | 39.35 | 39.35 | 39.35 | 39.35 | 0.945 times |
| 24 Fri Feb 2023 | 37.50 | 37.50 | 37.50 | 37.50 | 2.179 times |
| 23 Thu Feb 2023 | 35.75 | 35.60 | 35.75 | 35.60 | 0.468 times |
| 22 Wed Feb 2023 | 34.05 | 34.05 | 34.05 | 34.05 | 0.194 times |
| 21 Tue Feb 2023 | 32.45 | 32.45 | 32.45 | 32.45 | 0.007 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41, but if it comes below 41, then a intra day sell could be more profitable.
If you take a sell trade below 41, then use 41 as stoploss and 34.11 as target. However if you take a buy trade in stock , then use 41 as stoploss and 49.2 as target.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 21.30 |
| Downside Target | 22.65 |
| Downside Target | 24.75 |
| Downside Target | 29.90 |
| Downside Target | 38.40 |
| Downside Target | 39.35 |
| Downside Target | 41.30 |
| Downside Target | 43.36 |
| Downside Target | 45.52 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 45.52 |
| Downside Intraday Target | 45.52 |
| Downside Intraday Target | 45.52 |
| Downside Intraday Target | 45.52 |
| Downside Intraday Target | 45.52 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 0.329 times |
| 20 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 1.645 times |
| 13 Mon Mar 2023 | 45.52 | 45.52 | 45.52 | 45.52 | 0.373 times |
| 06 Mon Mar 2023 | 43.36 | 43.36 | 43.36 | 43.36 | 1.913 times |
| 28 Tue Feb 2023 | 41.30 | 39.35 | 41.30 | 39.35 | 0.438 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 |
| 27 Mon Mar 2023 | 45.52 | 43.36 | 45.52 | 43.36 | 0.743 times |
| 28 Tue Feb 2023 | 41.30 | 37.90 | 41.30 | 24.75 | 0.214 times |
| 31 Tue Jan 2023 | 36.10 | 24.90 | 38.40 | 22.65 | 4.652 times |
| 30 Fri Dec 2022 | 23.75 | 24.00 | 30.05 | 21.30 | 1.524 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 | 72, 9, 77 | Buy |
| MACD | 7, 5 | Buy |
| Stochastics | 100 | Buy |
| CCI | 87 | Sell |
| RSI | 55 | Buy |
| OBV | 28635 | Sell |
| VWAP | 42 | Buy |
| ADL | 0 | Sell |
| ROC | 47 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is
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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Rose Merc in short term
RSI is generating a BUY signal in short term but buying is losing 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 41.78 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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