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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 2021-09-14 View latest technical analysis

10 day averaged volume of Trio Mercan is 72157

Date Daily Closing Price Open High Low Volume
14 Tue Sep 2021 2.46 2.49 2.52 2.41 0.426 times
13 Mon Sep 2021 2.38 2.55 2.60 2.35 1.917 times
09 Thu Sep 2021 2.57 2.64 2.64 2.46 0.275 times
08 Wed Sep 2021 2.57 2.69 2.69 2.35 0.653 times
07 Tue Sep 2021 2.46 2.50 2.55 2.35 0.606 times
06 Mon Sep 2021 2.57 2.69 2.69 2.30 0.637 times
03 Fri Sep 2021 2.53 2.69 2.69 2.41 0.233 times
02 Thu Sep 2021 2.46 2.69 2.69 2.41 1.527 times
01 Wed Sep 2021 2.57 2.85 2.94 2.50 1.389 times
31 Tue Aug 2021 2.78 2.76 2.90 2.70 0.421 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 2.4 as stoploss in an intra day buy trade for a target of 2.62. However, stock will show a bearish move below 2.4.

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 2.14
Downside Target 2.30
Downside Target 2.35
Downside 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 2.34
Downside Intraday Target 2.22
Upside Intraday Target 2.59
Upside Intraday Target 2.72
Upside Intraday Target 2.47

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
14 Tue Sep 2021 2.46 2.55 2.60 2.35 1.079 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
14 Tue Sep 2021 2.46 2.85 2.94 2.30 0.292 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 18, 18, 0 Sell
MACD -0, -0Buy
Stochastics 26Sell
CCI -78Buy
RSI 46Sell
OBV -33107Sell
VWAP 3Sell
ADL 0Sell
ROC -15Sell
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

Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short to mid 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 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.

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 moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Trio Mercan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.5 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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