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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)

10 day averaged volume of Trio Mercan is 60606

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	0.71	0.69	0.71	0.69	2.863 times
20 Wed Sep 2023	0.70	0.70	0.71	0.70	1.729 times
18 Mon Sep 2023	0.70	0.71	0.71	0.70	2.156 times
15 Fri Sep 2023	0.71	0.71	0.73	0.71	1.126 times
14 Thu Sep 2023	0.72	0.72	0.72	0.72	0.321 times
13 Wed Sep 2023	0.73	0.73	0.73	0.73	0.323 times
12 Tue Sep 2023	0.74	0.74	0.74	0.73	0.37 times
11 Mon Sep 2023	0.74	0.75	0.75	0.74	0.808 times
08 Fri Sep 2023	0.75	0.75	0.75	0.75	1.232 times
07 Thu Sep 2023	0.74	0.74	0.74	0.74	1.872 times

Stock of Trio Mercan (TrioMercan) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 0.7 or till 0.7. Use a stoploss of 0.72 and if the stock hits stoploss, then it can shoot up till 0.74

Share price targets for Trio Mercan (TrioMercan)

Target Type	Value
Downside Target	0.55
Downside Target	0.60
Downside Target	0.64
Downside Target	0.68
Upside Target	0.73
Upside Target	0.74
Upside Target	0.75
Upside Target	0.77
Upside Target	0.80

Intraday share price targets for Trio Mercan (TrioMercan)

Target Type	Value
Downside Intraday Target	0.7
Downside Intraday Target	0.68
Upside Intraday Target	0.72
Upside Intraday Target	0.72
Downside Intraday Target	0.7

Weekly technical analysis of Trio Mercan (TrioMercan)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	0.71	0.71	0.71	0.69	2.289 times
15 Fri Sep 2023	0.71	0.75	0.75	0.71	0.781 times
08 Fri Sep 2023	0.75	0.70	0.75	0.70	1.212 times
01 Fri Sep 2023	0.70	0.72	0.73	0.68	0.874 times
25 Fri Aug 2023	0.73	0.74	0.74	0.73	0.626 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
21 Thu Sep 2023	0.71	0.69	0.75	0.68	0.545 times
31 Thu Aug 2023	0.69	0.65	0.77	0.60	0.676 times
31 Mon Jul 2023	0.64	0.57	0.64	0.55	1.924 times
30 Fri Jun 2023	0.60	0.64	0.70	0.56	1.594 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)

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Trio Mercan in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 0.72 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.