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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 2021-09-13 View latest technical analysis

10 day averaged volume of Trio Mercan is 62350

Date Daily Closing Price Open High Low Volume
13 Mon Sep 2021 2.38 2.55 2.60 2.35 2.218 times
09 Thu Sep 2021 2.57 2.64 2.64 2.46 0.318 times
08 Wed Sep 2021 2.57 2.69 2.69 2.35 0.756 times
07 Tue Sep 2021 2.46 2.50 2.55 2.35 0.701 times
06 Mon Sep 2021 2.57 2.69 2.69 2.30 0.737 times
03 Fri Sep 2021 2.53 2.69 2.69 2.41 0.269 times
02 Thu Sep 2021 2.46 2.69 2.69 2.41 1.767 times
01 Wed Sep 2021 2.57 2.85 2.94 2.50 1.608 times
31 Tue Aug 2021 2.78 2.76 2.90 2.70 0.487 times
30 Mon Aug 2021 2.90 2.86 2.95 2.75 2.712 times

Stock of Trio Mercan (TrioMercan) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.65 as target.

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 2.14
Downside Target 2.30
Downside Target 2.35
Upside Target 2.41
Upside Target 2.60
Upside Target 2.69
Upside Target 2.80
Upside Target 2.94
Upside Target 3.21
Upside Target 3.55
Upside Target 3.89
Upside Target 4.30

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Intraday Target 2.29
Downside Intraday Target 2.19
Upside Intraday Target 2.54
Upside Intraday Target 2.69
Upside Intraday Target 2.44

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
13 Mon Sep 2021 2.38 2.55 2.60 2.35 0.883 times
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

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
13 Mon Sep 2021 2.38 2.85 2.94 2.30 0.276 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

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 17, 20, 9 Sell
MACD -0, -0Buy
Stochastics 34None
CCI -88Sell
RSI 47Sell
OBV 58392Sell
VWAP 3Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 gaining momentum.

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

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.

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 SELL signal in short term and selling is picking up 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 2.6 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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Daily charts

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Daily chart

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