(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 52979
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 1.14 | 1.17 | 1.17 | 1.12 | 2.052 times |
| 01 Thu Dec 2022 | 1.13 | 1.18 | 1.18 | 1.12 | 0.765 times |
| 30 Wed Nov 2022 | 1.14 | 1.18 | 1.18 | 1.13 | 0.623 times |
| 29 Tue Nov 2022 | 1.14 | 1.15 | 1.18 | 1.13 | 0.498 times |
| 28 Mon Nov 2022 | 1.15 | 1.18 | 1.18 | 1.12 | 0.802 times |
| 25 Fri Nov 2022 | 1.14 | 1.15 | 1.18 | 1.13 | 0.375 times |
| 24 Thu Nov 2022 | 1.14 | 1.18 | 1.18 | 1.10 | 0.835 times |
| 23 Wed Nov 2022 | 1.15 | 1.16 | 1.17 | 1.11 | 1.248 times |
| 22 Tue Nov 2022 | 1.13 | 1.18 | 1.18 | 1.08 | 2.894 times |
| 21 Mon Nov 2022 | 1.13 | 1.15 | 1.15 | 1.09 | 1.437 times |
Stock of Trio Mercan (TrioMercan) 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 1.1 or till 1.1. Use a stoploss of 1.16 and if the stock hits stoploss, then it can shoot up till 1.19
Share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Target | 0.98 |
| Downside Target | 1.08 |
| Downside Target | 1.11 |
| Upside Target | 1.17 |
| Upside Target | 1.18 |
| Upside Target | 1.22 |
| Upside Target | 1.25 |
| Upside Target | 1.28 |
| Upside Target | 1.41 |
| Upside Target | 1.49 |
Intraday share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Intraday Target | 1.11 |
| Downside Intraday Target | 1.09 |
| Upside Intraday Target | 1.17 |
| Upside Intraday Target | 1.21 |
| Upside Intraday Target | 1.15 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Dec 2022 | 1.14 | 1.18 | 1.18 | 1.12 | 0.698 times |
| 25 Fri Nov 2022 | 1.14 | 1.15 | 1.18 | 1.08 | 1.213 times |
| 18 Fri Nov 2022 | 1.14 | 1.22 | 1.22 | 1.11 | 0.904 times |
| 11 Fri Nov 2022 | 1.23 | 1.20 | 1.25 | 1.12 | 0.874 times |
| 04 Fri Nov 2022 | 1.20 | 1.16 | 1.41 | 1.11 | 1.732 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 |
| 02 Fri Dec 2022 | 1.14 | 1.18 | 1.18 | 1.12 | 0.104 times |
| 30 Wed Nov 2022 | 1.14 | 1.16 | 1.41 | 1.08 | 0.701 times |
| 31 Mon Oct 2022 | 1.16 | 1.20 | 1.28 | 0.98 | 0.338 times |
| 30 Fri Sep 2022 | 1.20 | 1.29 | 1.49 | 1.17 | 5.239 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 | 56, 56, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 57 | None |
| CCI | 10 | Sell |
| RSI | 49 | Sell |
| OBV | 297842 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short term time period is
Price action analysis of Trio Mercan ( (TrioMercan) ) 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 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 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 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 and the sell signal is strong.
Trio Mercan 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Trio Mercan in short term
RSI is generating a SELL signal in short term and selling is picking up 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 1.14 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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