(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 2021-09-09 View latest technical analysis
10 day averaged volume of Trio Mercan is 70614
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Thu Sep 2021||2.57||2.64||2.64||2.46||0.281 times|
|08 Wed Sep 2021||2.57||2.69||2.69||2.35||0.667 times|
|07 Tue Sep 2021||2.46||2.50||2.55||2.35||0.619 times|
|06 Mon Sep 2021||2.57||2.69||2.69||2.30||0.651 times|
|03 Fri Sep 2021||2.53||2.69||2.69||2.41||0.238 times|
|02 Thu Sep 2021||2.46||2.69||2.69||2.41||1.56 times|
|01 Wed Sep 2021||2.57||2.85||2.94||2.50||1.419 times|
|31 Tue Aug 2021||2.78||2.76||2.90||2.70||0.43 times|
|30 Mon Aug 2021||2.90||2.86||2.95||2.75||2.394 times|
|27 Fri Aug 2021||2.71||2.73||2.75||2.55||0.57 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.5 as stoploss in an intra day buy trade for a target of 2.68. However, stock will show a bearish move below 2.5.
Share price targets for Trio Mercan (TrioMercan)
Intraday share price targets for Trio Mercan (TrioMercan)
|Downside Intraday Target||2.35|
|Downside Intraday Target||2.13|
|Upside Intraday Target||2.74|
|Upside Intraday Target||2.91|
|Downside Intraday Target||2.52|
Weekly technical analysis of Trio Mercan (TrioMercan)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Thu Sep 2021||2.57||2.69||2.69||2.30||0.367 times|
|03 Fri Sep 2021||2.53||2.86||2.95||2.41||0.777 times|
|27 Fri Aug 2021||2.71||2.82||2.98||2.14||1.35 times|
|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|
Price has moved up 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|
|09 Thu Sep 2021||2.57||2.85||2.94||2.30||0.203 times|
|31 Tue Aug 2021||2.78||3.06||3.55||2.14||0.791 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|
Scroll below to view daily charts
Indicators analysis of Trio Mercan (TrioMercan)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||17, 17, 0||Sell|
Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
CCI has generated a buy signal for Trio Mercan in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2.65 and Trio Mercan (TrioMercan) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.