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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 2022-05-06 View latest technical analysis

10 day averaged volume of Trio Mercan is 590910

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 1.57 1.71 1.71 1.56 1.833 times
05 Thu May 2022 1.64 1.64 1.64 1.64 0.514 times
04 Wed May 2022 1.57 1.55 1.57 1.55 0.557 times
02 Mon May 2022 1.50 1.49 1.50 1.36 1.551 times
29 Fri Apr 2022 1.43 1.31 1.43 1.31 2.509 times
28 Thu Apr 2022 1.37 1.37 1.37 1.37 0.714 times
27 Wed Apr 2022 1.44 1.44 1.44 1.44 0.399 times
26 Tue Apr 2022 1.51 1.58 1.58 1.51 0.56 times
25 Mon Apr 2022 1.58 1.68 1.68 1.58 0.491 times
22 Fri Apr 2022 1.66 1.70 1.71 1.66 1.425 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 1.74. 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
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 1.38
Downside Intraday Target 1.2
Upside Intraday Target 1.73
Upside Intraday Target 1.9
Downside Intraday Target 1.55

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 1.57 1.49 1.71 1.36 0.953 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
06 Fri May 2022 1.57 1.49 1.71 1.36 0.36 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, -0Buy
Stochastics 58None
CCI 60Sell
RSI 48Sell
OBV -3065203Sell
VWAP 2Buy
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short 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 short 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Trio Mercan in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1.52 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.

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

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