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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 2023-09-12 View latest technical analysis

10 day averaged volume of Trio Mercan is 45193

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	0.74	0.74	0.74	0.73	0.496 times
11 Mon Sep 2023	0.74	0.75	0.75	0.74	1.084 times
08 Fri Sep 2023	0.75	0.75	0.75	0.75	1.652 times
07 Thu Sep 2023	0.74	0.74	0.74	0.74	2.511 times
06 Wed Sep 2023	0.73	0.73	0.73	0.73	0.084 times
05 Tue Sep 2023	0.72	0.72	0.72	0.72	0.463 times
04 Mon Sep 2023	0.71	0.70	0.71	0.70	0.355 times
01 Fri Sep 2023	0.70	0.69	0.70	0.68	0.929 times
31 Thu Aug 2023	0.69	0.69	0.70	0.69	0.532 times
30 Wed Aug 2023	0.70	0.70	0.70	0.70	0.46 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.7, but if it comes below 0.7, then a intra day sell could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.73 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.8 as target.

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
Downside Target	0.70
Downside Target	0.73
Downside 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	0.73
Downside Intraday Target	0.72
Upside Intraday Target	0.75
Upside Intraday Target	0.76
Downside Intraday Target	0.74

Weekly technical analysis of Trio Mercan (TrioMercan)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Sep 2023	0.74	0.75	0.75	0.73	0.312 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
18 Fri Aug 2023	0.75	0.76	0.77	0.71	0.602 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 Tue Sep 2023	0.74	0.69	0.75	0.68	0.217 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Trio Mercan in short term and the buy signal is strong.

Trio Mercan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 0.73 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 is giving positive 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.