(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 2022-05-04 View latest technical analysis
10 day averaged volume of Trio Mercan is 624073
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 1.57 | 1.55 | 1.57 | 1.55 | 0.527 times |
| 02 Mon May 2022 | 1.50 | 1.49 | 1.50 | 1.36 | 1.468 times |
| 29 Fri Apr 2022 | 1.43 | 1.31 | 1.43 | 1.31 | 2.376 times |
| 28 Thu Apr 2022 | 1.37 | 1.37 | 1.37 | 1.37 | 0.676 times |
| 27 Wed Apr 2022 | 1.44 | 1.44 | 1.44 | 1.44 | 0.378 times |
| 26 Tue Apr 2022 | 1.51 | 1.58 | 1.58 | 1.51 | 0.53 times |
| 25 Mon Apr 2022 | 1.58 | 1.68 | 1.68 | 1.58 | 0.465 times |
| 22 Fri Apr 2022 | 1.66 | 1.70 | 1.71 | 1.66 | 1.349 times |
| 21 Thu Apr 2022 | 1.74 | 1.81 | 1.81 | 1.68 | 1.212 times |
| 20 Wed Apr 2022 | 1.76 | 1.89 | 1.91 | 1.75 | 1.145 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 1.5 as stoploss in an intra day buy trade for a target of 1.79. However, stock will show a bearish move below 1.5.
Share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Target | 1.31 |
| Downside Target | 1.36 |
| Downside Target | 1.57 |
| Upside Target | 1.66 |
| Upside Target | 1.99 |
| Upside Target | 2.10 |
| Upside Target | 2.15 |
| Upside Target | 2.27 |
| Upside Target | 2.76 |
| Upside Target | 2.80 |
| Upside Target | 3.08 |
| Upside Target | 3.50 |
Intraday share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Intraday Target | 1.43 |
| Downside Intraday Target | 1.29 |
| Upside Intraday Target | 1.64 |
| Upside Intraday Target | 1.71 |
| Downside Intraday Target | 1.5 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed May 2022 | 1.57 | 1.49 | 1.57 | 1.36 | 0.451 times |
| 29 Fri Apr 2022 | 1.43 | 1.68 | 1.68 | 1.31 | 0.874 times |
| 22 Fri Apr 2022 | 1.66 | 1.92 | 2.03 | 1.66 | 6.723 times |
| 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 |
Price has moved up 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 |
| 04 Wed May 2022 | 1.57 | 1.49 | 1.57 | 1.36 | 0.17 times |
| 29 Fri Apr 2022 | 1.43 | 2.12 | 2.15 | 1.31 | 3.485 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 |
Scroll below to view daily charts
Price has moved up 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 | 42, 42, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 30 | Sell |
| CCI | 2 | Buy |
| RSI | 48 | Sell |
| OBV | -2478695 | Sell |
| VWAP | 2 | Buy |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL signal for Trio Mercan in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
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 1.56 and Trio Mercan (TrioMercan) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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