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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 2022-05-11 View latest technical analysis

10 day averaged volume of Trio Mercan is 546126

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 1.53 1.49 1.54 1.40 0.989 times
10 Tue May 2022 1.47 1.55 1.55 1.43 0.332 times
09 Mon May 2022 1.50 1.60 1.60 1.50 0.323 times
06 Fri May 2022 1.57 1.71 1.71 1.56 1.983 times
05 Thu May 2022 1.64 1.64 1.64 1.64 0.556 times
04 Wed May 2022 1.57 1.55 1.57 1.55 0.602 times
02 Mon May 2022 1.50 1.49 1.50 1.36 1.678 times
29 Fri Apr 2022 1.43 1.31 1.43 1.31 2.715 times
28 Thu Apr 2022 1.37 1.37 1.37 1.37 0.773 times
27 Wed Apr 2022 1.44 1.44 1.44 1.44 0.432 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 1.66. 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 1.40
Upside Target 1.60
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 1.42
Downside Intraday Target 1.31
Upside Intraday Target 1.62
Upside Intraday Target 1.71
Downside Intraday Target 1.51

Weekly technical analysis of Trio Mercan (TrioMercan)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 1.53 1.60 1.60 1.40 0.341 times
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

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
11 Wed May 2022 1.53 1.49 1.71 1.36 0.482 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 48None
CCI -7Buy
RSI 49Sell
OBV -2869429Sell
VWAP 2Buy
ADL 0Sell
ROC 1Buy
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 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 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. 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 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 1.5 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 rising upwards.

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 is giving positive 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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Daily charts

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Daily chart

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