(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 2023-01-27 View latest technical analysis
10 day averaged volume of Trio Mercan is 44067
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 0.98 | 0.88 | 0.99 | 0.88 | 0.831 times |
| 25 Wed Jan 2023 | 0.99 | 0.97 | 1.04 | 0.97 | 0.568 times |
| 24 Tue Jan 2023 | 1.00 | 1.03 | 1.03 | 1.00 | 1.994 times |
| 23 Mon Jan 2023 | 1.00 | 1.09 | 1.09 | 1.00 | 2.986 times |
| 20 Fri Jan 2023 | 1.02 | 0.85 | 1.08 | 0.85 | 2.236 times |
| 19 Thu Jan 2023 | 1.05 | 1.02 | 1.07 | 1.02 | 0.405 times |
| 18 Wed Jan 2023 | 1.07 | 1.00 | 1.07 | 1.00 | 0.506 times |
| 17 Tue Jan 2023 | 1.08 | 1.08 | 1.08 | 1.02 | 0.287 times |
| 16 Mon Jan 2023 | 1.08 | 1.00 | 1.10 | 1.00 | 0.135 times |
| 13 Fri Jan 2023 | 1.10 | 1.10 | 1.10 | 1.08 | 0.575 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.07 as target.
Share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Target | 0.85 |
| Downside Target | 0.88 |
| Downside Target | 0.98 |
| Upside Target | 1.01 |
| Upside Target | 1.05 |
| Upside Target | 1.15 |
| Upside Target | 1.16 |
| Upside Target | 1.17 |
| Upside Target | 1.24 |
| Upside Target | 1.28 |
| Upside Target | 1.41 |
| Upside Target | 1.49 |
Intraday share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Intraday Target | 0.88 |
| Downside Intraday Target | 0.77 |
| Upside Intraday Target | 1.09 |
| Upside Intraday Target | 1.19 |
| Upside Intraday Target | 0.98 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 0.98 | 1.09 | 1.09 | 0.88 | 1.788 times |
| 20 Fri Jan 2023 | 1.02 | 1.00 | 1.10 | 0.85 | 0.573 times |
| 13 Fri Jan 2023 | 1.10 | 1.16 | 1.16 | 1.01 | 0.996 times |
| 06 Fri Jan 2023 | 1.11 | 1.15 | 1.15 | 1.08 | 1.186 times |
| 30 Fri Dec 2022 | 1.13 | 1.10 | 1.15 | 1.06 | 0.616 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Trio Mercan (TrioMercan)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 0.98 | 1.15 | 1.16 | 0.85 | 0.703 times |
| 30 Fri Dec 2022 | 1.13 | 1.18 | 1.24 | 1.05 | 0.979 times |
| 30 Wed Nov 2022 | 1.14 | 1.16 | 1.41 | 1.08 | 0.701 times |
| 31 Mon Oct 2022 | 1.16 | 1.20 | 1.28 | 0.98 | 0.338 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 | 56, 56, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 56 | None |
| CCI | -154 | Sell |
| RSI | 55 | Buy |
| OBV | -243832 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Trio Mercan ( (TrioMercan) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Trio Mercan in short term and the sell signal is strong.
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 tired and bears are picking up momentum.
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 1.02 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.
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