(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 2021-09-15 View latest technical analysis
10 day averaged volume of Trio Mercan is 58322
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||2.43||2.59||2.59||2.40||0.555 times|
|14 Tue Sep 2021||2.46||2.49||2.52||2.41||0.527 times|
|13 Mon Sep 2021||2.38||2.55||2.60||2.35||2.371 times|
|09 Thu Sep 2021||2.57||2.64||2.64||2.46||0.34 times|
|08 Wed Sep 2021||2.57||2.69||2.69||2.35||0.808 times|
|07 Tue Sep 2021||2.46||2.50||2.55||2.35||0.749 times|
|06 Mon Sep 2021||2.57||2.69||2.69||2.30||0.788 times|
|03 Fri Sep 2021||2.53||2.69||2.69||2.41||0.288 times|
|02 Thu Sep 2021||2.46||2.69||2.69||2.41||1.889 times|
|01 Wed Sep 2021||2.57||2.85||2.94||2.50||1.719 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 2.59. However, stock will show a bearish move below 2.4.
Share price targets for Trio Mercan (TrioMercan)
Intraday share price targets for Trio Mercan (TrioMercan)
|Downside Intraday Target||2.32|
|Downside Intraday Target||2.21|
|Upside Intraday Target||2.57|
|Upside Intraday Target||2.71|
|Upside Intraday Target||2.46|
Weekly technical analysis of Trio Mercan (TrioMercan)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||2.43||2.55||2.60||2.35||1.286 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|
|15 Wed Sep 2021||2.43||2.85||2.94||2.30||0.309 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||19, 19, 0||Sell|
Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 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 coming down
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 negative zone. This is the SELL 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 2.48 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.