(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 2022-05-12 View latest technical analysis
10 day averaged volume of Trio Mercan is 567035
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 1.49 | 1.54 | 1.54 | 1.46 | 0.28 times |
| 11 Wed May 2022 | 1.53 | 1.49 | 1.54 | 1.40 | 0.952 times |
| 10 Tue May 2022 | 1.47 | 1.55 | 1.55 | 1.43 | 0.319 times |
| 09 Mon May 2022 | 1.50 | 1.60 | 1.60 | 1.50 | 0.311 times |
| 06 Fri May 2022 | 1.57 | 1.71 | 1.71 | 1.56 | 1.91 times |
| 05 Thu May 2022 | 1.64 | 1.64 | 1.64 | 1.64 | 0.535 times |
| 04 Wed May 2022 | 1.57 | 1.55 | 1.57 | 1.55 | 0.58 times |
| 02 Mon May 2022 | 1.50 | 1.49 | 1.50 | 1.36 | 1.616 times |
| 29 Fri Apr 2022 | 1.43 | 1.31 | 1.43 | 1.31 | 2.615 times |
| 28 Thu Apr 2022 | 1.37 | 1.37 | 1.37 | 1.37 | 0.744 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 1.4 as stoploss in an intra day buy trade for a target of 1.63. However, stock will show a bearish move below 1.4.
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 | 1.39 |
| Downside Intraday Target | 1.3 |
| Upside Intraday Target | 1.59 |
| Upside Intraday Target | 1.7 |
| Upside Intraday Target | 1.5 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 1.49 | 1.60 | 1.60 | 1.40 | 0.401 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 |
| 12 Thu May 2022 | 1.49 | 1.49 | 1.71 | 1.36 | 0.504 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 | Buy |
| Stochastics | 47 | None |
| CCI | -7 | Buy |
| RSI | 50 | Buy |
| OBV | -2866489 | Sell |
| VWAP | 2 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 coming down
CCI has generated a buy signal for Trio Mercan in short term but BUY signal is weak.
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 1.5 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 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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