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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)

Showing technical analysis as on 2021-08-20 View latest technical analysis

10 day averaged volume of Trio Mercan is 81429

Date Daily Closing Price Open High Low Volume
20 Fri Aug 2021 2.82 3.00 3.10 2.80 0.545 times
18 Wed Aug 2021 2.95 3.20 3.20 2.80 2.439 times
17 Tue Aug 2021 2.93 3.20 3.20 2.91 0.252 times
16 Mon Aug 2021 3.09 3.55 3.55 3.01 1.759 times
13 Fri Aug 2021 2.99 3.00 3.00 2.82 0.817 times
12 Thu Aug 2021 2.90 2.90 2.94 2.78 1.501 times
11 Wed Aug 2021 2.76 3.05 3.05 2.75 0.703 times
10 Tue Aug 2021 2.96 2.95 3.03 2.86 0.754 times
09 Mon Aug 2021 2.92 3.00 3.01 2.80 1.1 times
06 Fri Aug 2021 3.01 3.01 3.09 2.87 0.425 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.8, for a target of 2.9 or 3

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 2.75
Upside Target 3.00
Upside Target 3.15
Upside Target 3.25
Upside Target 3.28
Upside Target 3.55
Upside Target 3.89
Upside Target 4.30
Upside Target 5.15

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Intraday Target 2.56
Downside Intraday Target 2.31
Upside Intraday Target 3.31
Upside Intraday Target 3.81
Upside Intraday Target 3.06

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
20 Fri Aug 2021 2.82 3.55 3.55 2.80 1.025 times
13 Fri Aug 2021 2.99 3.00 3.05 2.75 1.165 times
06 Fri Aug 2021 3.01 3.06 3.15 2.87 0.624 times
30 Fri Jul 2021 3.08 3.15 3.25 2.84 1.247 times
23 Fri Jul 2021 3.05 3.28 3.28 3.00 0.492 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
20 Fri Aug 2021 2.82 3.06 3.55 2.75 0.478 times
30 Fri Jul 2021 3.08 3.25 3.55 2.84 0.798 times
30 Wed Jun 2021 3.39 3.80 3.89 3.21 1.324 times
31 Mon May 2021 3.80 3.10 4.30 3.00 0.494 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 26, 22, 8 Buy
MACD -0, -0Buy
Stochastics 19Sell
CCI -54Sell
RSI 52Buy
OBV 408683Sell
VWAP 3Sell
ADL 0Sell
ROC -6Sell
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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Trio Mercan in short term but the buy 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 coming down

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 but buying is losing 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 2.95 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

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Daily charts

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Daily chart

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