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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 2021-11-23 View latest technical analysis

10 day averaged volume of Trio Mercan is 78802

Date Daily Closing Price Open High Low Volume
23 Tue Nov 2021 2.04 2.18 2.18 1.80 1.054 times
22 Mon Nov 2021 2.02 2.15 2.15 1.92 1.82 times
18 Thu Nov 2021 2.06 2.18 2.18 2.02 3.563 times
17 Wed Nov 2021 2.12 2.00 2.19 1.98 0.911 times
16 Tue Nov 2021 2.05 2.01 2.13 2.01 0.501 times
15 Mon Nov 2021 2.06 2.06 2.14 2.01 0.629 times
12 Fri Nov 2021 2.12 2.12 2.17 2.11 0.353 times
11 Thu Nov 2021 2.13 2.19 2.19 2.08 0.352 times
10 Wed Nov 2021 2.14 2.10 2.18 2.06 0.466 times
09 Tue Nov 2021 2.12 2.15 2.16 2.01 0.758 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.1, but if it comes above 2.1, then a intra day buy could be more profitable.
If you take a sell trade below 2.1, then use 2.1 as stoploss and 2 as target. However if you take a buy trade in stock , then use 2.1 as stoploss and 2.13 as target.

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 1.80
Downside Target 1.90
Downside Target 1.96
Upside Target 2.14
Upside Target 2.24
Upside Target 2.30
Upside Target 2.34
Upside Target 2.50
Upside Target 2.84
Upside Target 2.94
Upside Target 3.55

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Intraday Target 1.83
Downside Intraday Target 1.63
Upside Intraday Target 2.21
Upside Intraday Target 2.39
Downside Intraday Target 2.01

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
23 Tue Nov 2021 2.04 2.15 2.18 1.80 0.513 times
18 Thu Nov 2021 2.06 2.06 2.19 1.98 2.175 times
12 Fri Nov 2021 2.12 2.20 2.20 2.01 1.417 times
04 Thu Nov 2021 2.12 2.15 2.24 1.96 0.543 times
29 Fri Oct 2021 2.17 2.34 2.34 1.90 0.663 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
23 Tue Nov 2021 2.04 2.15 2.24 1.80 0.468 times
29 Fri Oct 2021 2.17 2.44 2.50 1.90 2.255 times
30 Thu Sep 2021 2.40 2.85 2.94 2.30 0.508 times
31 Tue Aug 2021 2.78 3.06 3.55 2.14 0.791 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 25, 35, 17 Sell
MACD -0, -0Buy
Stochastics 45None
CCI -155Sell
RSI 53Buy
OBV -615243Sell
VWAP 2Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 short to mid 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 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 moving up

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 2.07 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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