Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-04-13 View latest technical analysis

10 day averaged volume of Trio Mercan is 145582

Date Daily Closing Price Open High Low Volume
13 Wed Apr 2022 2.01 2.04 2.05 1.99 1.312 times
12 Tue Apr 2022 2.04 2.01 2.06 2.00 0.479 times
11 Mon Apr 2022 2.04 2.10 2.10 2.01 1.437 times
08 Fri Apr 2022 2.05 2.06 2.07 2.00 1.11 times
07 Thu Apr 2022 2.06 2.07 2.10 2.00 1.577 times
06 Wed Apr 2022 2.08 2.12 2.12 2.05 0.571 times
05 Tue Apr 2022 2.06 2.08 2.10 2.01 0.915 times
04 Mon Apr 2022 2.05 2.15 2.15 2.02 1.761 times
01 Fri Apr 2022 2.10 2.12 2.12 2.05 0.436 times
31 Thu Mar 2022 2.07 2.15 2.15 2.05 0.446 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 as stoploss in an intra day buy trade for a target of 2.16. However, stock will show a bearish move below 2.

Share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Target 1.95
Downside Target 1.99
Upside Target 2.09
Upside Target 2.15
Upside Target 2.27
Upside Target 2.42
Upside Target 2.53
Upside Target 2.76
Upside Target 2.80
Upside Target 3.08
Upside Target 3.37
Upside Target 3.50

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type Value
Downside Intraday Target 1.97
Downside Intraday Target 1.92
Upside Intraday Target 2.08
Upside Intraday Target 2.14
Upside Intraday Target 2.03

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
13 Wed Apr 2022 2.01 2.10 2.10 1.99 0.544 times
08 Fri Apr 2022 2.05 2.15 2.15 2.00 1.843 times
01 Fri Apr 2022 2.10 2.26 2.30 2.00 0.714 times
25 Fri Mar 2022 2.20 2.53 2.53 2.09 1.665 times
17 Thu Mar 2022 2.48 2.67 2.80 2.42 1.368 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 Wed Apr 2022 2.01 2.12 2.15 1.99 0.665 times
31 Thu Mar 2022 2.07 2.43 2.80 2.00 1.212 times
28 Mon Feb 2022 2.48 2.92 3.08 2.27 0.217 times
31 Mon Jan 2022 2.96 3.35 3.50 2.76 1.542 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 45, 45, 0 Sell
MACD -0, -0Buy
Stochastics 20Sell
CCI -137Sell
RSI 51Buy
OBV -1414601Sell
VWAP 2Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 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 below 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 BUY signal in short term and the buying is gaining 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 2.05 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.

Click here for Trio Mercan charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme