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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 2023-09-28 View latest technical analysis

10 day averaged volume of Trio Mercan is 89426

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	0.69	0.69	0.69	0.63	0.962 times
27 Wed Sep 2023	0.66	0.72	0.72	0.66	1.69 times
26 Tue Sep 2023	0.69	0.71	0.71	0.68	0.379 times
25 Mon Sep 2023	0.70	0.71	0.71	0.67	1.039 times
22 Fri Sep 2023	0.70	0.72	0.72	0.70	1.12 times
21 Thu Sep 2023	0.71	0.69	0.71	0.69	1.94 times
20 Wed Sep 2023	0.70	0.70	0.71	0.70	1.172 times
18 Mon Sep 2023	0.70	0.71	0.71	0.70	1.461 times
15 Fri Sep 2023	0.71	0.71	0.73	0.71	0.763 times
14 Thu Sep 2023	0.72	0.72	0.72	0.72	0.218 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.7, but if it comes above 0.7, then a intra day buy could be more profitable.
If you take a sell trade below 0.7, then use 0.7 as stoploss and 0.7 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.71 as target.

Share price targets for Trio Mercan (TrioMercan)

Target Type	Value
Downside Target	0.55
Downside Target	0.60
Downside Target	0.63
Downside Target	0.68
Upside Target	0.72
Upside Target	0.73
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	0.64
Downside Intraday Target	0.59
Upside Intraday Target	0.73
Upside Intraday Target	0.77
Downside Intraday Target	0.68

Weekly technical analysis of Trio Mercan (TrioMercan)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Sep 2023	0.69	0.71	0.72	0.63	0.715 times
22 Fri Sep 2023	0.70	0.71	0.72	0.69	2.85 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

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
28 Thu Sep 2023	0.69	0.69	0.75	0.63	0.839 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 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)

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 above the green cloud Prices appear to be moving up

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 0.7 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.