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(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 249587

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 1.36 1.30 1.39 1.30 0.397 times
23 Mon May 2022 1.35 1.47 1.47 1.35 0.593 times
20 Fri May 2022 1.42 1.41 1.43 1.32 0.563 times
19 Thu May 2022 1.37 1.36 1.40 1.30 0.878 times
18 Wed May 2022 1.36 1.37 1.44 1.36 2.007 times
17 Tue May 2022 1.43 1.53 1.53 1.43 1.461 times
16 Mon May 2022 1.50 1.56 1.56 1.46 0.45 times
13 Fri May 2022 1.49 1.55 1.56 1.46 0.523 times
12 Thu May 2022 1.49 1.54 1.54 1.46 0.636 times
11 Wed May 2022 1.53 1.49 1.54 1.40 2.164 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.4, but if it comes above 1.4, then a intra day buy could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.3 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.47 as target.

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 1.30
Downside Target 1.36
Upside Target 1.40
Upside Target 1.47
Upside Target 1.56
Upside Target 1.60
Upside Target 1.68
Upside Target 2.00
Upside Target 2.15
Upside Target 2.27
Upside Target 2.76
Upside Target 2.80
Upside Target 3.08
Upside Target 3.50

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Intraday Target 1.28
Downside Intraday Target 1.21
Upside Intraday Target 1.45
Upside Intraday Target 1.55
Upside Intraday Target 1.38

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 1.36 1.47 1.47 1.30 0.185 times
20 Fri May 2022 1.42 1.56 1.56 1.30 1.127 times
13 Fri May 2022 1.49 1.60 1.60 1.40 0.451 times
06 Fri May 2022 1.57 1.49 1.71 1.36 0.953 times
29 Fri Apr 2022 1.43 1.68 1.68 1.31 0.874 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
24 Tue May 2022 1.36 1.49 1.71 1.30 0.738 times
29 Fri Apr 2022 1.43 2.12 2.15 1.31 3.485 times
31 Thu Mar 2022 2.07 2.43 2.80 2.00 1.212 times
28 Mon Feb 2022 2.48 2.92 3.08 2.27 0.217 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 42, 42, 0 Sell
MACD -0, -0Buy
Stochastics 27Sell
CCI -95Sell
RSI 43Sell
OBV 250584Sell
VWAP 1Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 BUY signal for Trio Mercan in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Trio Mercan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 1.43 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Trio Mercan charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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