(TrioMercan) Trio Mercan complete technical analysis [charts+indicators] | Buy/Sell Trio Mercan | (TrioMercan) share price targets
Complete technical analysis of Trio Mercan (TrioMercan) by charts plus indicators, forecast predictions and share price targets for Trio Mercan (TrioMercan)
10 day averaged volume of Trio Mercan is 407173
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jan 2022 | 2.99 | 2.99 | 2.99 | 2.76 | 0.847 times |
| 20 Thu Jan 2022 | 2.85 | 3.05 | 3.05 | 2.85 | 0.86 times |
| 19 Wed Jan 2022 | 2.99 | 3.10 | 3.10 | 2.98 | 0.387 times |
| 18 Tue Jan 2022 | 3.10 | 3.25 | 3.25 | 3.06 | 0.337 times |
| 17 Mon Jan 2022 | 3.16 | 3.18 | 3.20 | 2.90 | 1.685 times |
| 14 Fri Jan 2022 | 3.05 | 3.19 | 3.19 | 2.98 | 1.28 times |
| 13 Thu Jan 2022 | 3.13 | 3.40 | 3.40 | 3.11 | 0.985 times |
| 12 Wed Jan 2022 | 3.27 | 3.40 | 3.41 | 3.12 | 1.366 times |
| 11 Tue Jan 2022 | 3.25 | 3.30 | 3.33 | 3.05 | 1.535 times |
| 10 Mon Jan 2022 | 3.18 | 3.16 | 3.18 | 3.03 | 0.826 times |
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 2.9 as stoploss in an intra day buy trade for a target of 3.09. However, stock will show a bearish move below 2.9.
Share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Target | 1.77 |
| Downside Target | 1.90 |
| Downside Target | 1.95 |
| Downside Target | 2.24 |
| Downside Target | 2.30 |
| Downside Target | 2.35 |
| Downside Target | 2.50 |
| Downside Target | 2.56 |
| Downside Target | 2.68 |
| Downside Target | 2.76 |
| Downside Target | 2.89 |
| Upside Target | 3.25 |
| Upside Target | 3.37 |
| Upside Target | 3.41 |
| Upside Target | 3.50 |
Intraday share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Intraday Target | 2.75 |
| Downside Intraday Target | 2.51 |
| Upside Intraday Target | 3.24 |
| Upside Intraday Target | 3.49 |
| Upside Intraday Target | 3 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jan 2022 | 2.99 | 3.18 | 3.25 | 2.76 | 0.687 times |
| 14 Fri Jan 2022 | 3.05 | 3.16 | 3.41 | 2.98 | 0.934 times |
| 07 Fri Jan 2022 | 3.03 | 3.35 | 3.50 | 2.89 | 2.197 times |
| 31 Fri Dec 2021 | 3.23 | 2.79 | 3.37 | 2.56 | 4.103 times |
| 24 Fri Dec 2021 | 2.67 | 2.68 | 2.68 | 2.35 | 0.293 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 Trio Mercan (TrioMercan)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jan 2022 | 2.99 | 3.35 | 3.50 | 2.76 | 1.301 times |
| 31 Fri Dec 2021 | 3.23 | 1.99 | 3.37 | 1.95 | 3.372 times |
| 30 Tue Nov 2021 | 2.00 | 2.15 | 2.24 | 1.77 | 0.707 times |
| 29 Fri Oct 2021 | 2.17 | 2.44 | 2.50 | 1.90 | 2.255 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 Trio Mercan (TrioMercan)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 26, 9 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 18 | Sell |
| CCI | -130 | Sell |
| RSI | 51 | Buy |
| OBV | 1438384 | Sell |
| VWAP | 3 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Trio Mercan ( (TrioMercan) ) 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 Trio Mercan ( (TrioMercan) ) 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 Trio Mercan ( (TrioMercan) ) 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 Trio Mercan ( (TrioMercan) ) 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 Trio Mercan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Trio Mercan in short term but the sell signal is initial and weak.
Trio Mercan 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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Trio Mercan in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Trio Mercan is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.12 and Trio Mercan (TrioMercan) 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 Trio Mercan (TrioMercan) stock. Volume based technical analysis of Trio Mercan (TrioMercan) stock is negative.
Trio Mercan 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.
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