(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)
Intraday share price targets for Trio Mercan (TrioMercan)
|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|
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.