(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, -0 | Buy |
| Stochastics | 27 | Sell |
| CCI | -95 | Sell |
| RSI | 43 | Sell |
| OBV | 250584 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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.
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