(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 53378
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 0.62 | 0.68 | 0.68 | 0.62 | 0.5 times |
| 22 Wed Mar 2023 | 0.61 | 0.67 | 0.67 | 0.61 | 0.798 times |
| 21 Tue Mar 2023 | 0.67 | 0.67 | 0.67 | 0.67 | 1.367 times |
| 20 Mon Mar 2023 | 0.67 | 0.65 | 0.67 | 0.65 | 1.182 times |
| 17 Fri Mar 2023 | 0.69 | 0.69 | 0.70 | 0.66 | 1.393 times |
| 16 Thu Mar 2023 | 0.69 | 0.75 | 0.75 | 0.69 | 0.902 times |
| 15 Wed Mar 2023 | 0.70 | 0.70 | 0.70 | 0.70 | 1.21 times |
| 14 Tue Mar 2023 | 0.70 | 0.73 | 0.73 | 0.70 | 0.988 times |
| 13 Mon Mar 2023 | 0.75 | 0.80 | 0.80 | 0.75 | 0.532 times |
| 10 Fri Mar 2023 | 0.76 | 0.72 | 0.78 | 0.72 | 0.955 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 0.6 as target. However if you take a buy trade in stock , then use 0.7 as stoploss and 0.76 as target.
Share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Target | 0.61 |
| Upside Target | 0.66 |
| Upside Target | 0.68 |
| Upside Target | 0.72 |
| Upside Target | 0.76 |
| Upside Target | 0.79 |
| Upside Target | 0.88 |
| Upside Target | 0.90 |
| Upside Target | 0.97 |
| Upside Target | 1.05 |
| Upside Target | 1.06 |
| Upside Target | 1.08 |
| Upside Target | 1.16 |
| Upside Target | 1.24 |
| Upside Target | 1.41 |
Intraday share price targets for Trio Mercan (TrioMercan)
| Target Type | Value |
| Downside Intraday Target | 0.59 |
| Downside Intraday Target | 0.57 |
| Upside Intraday Target | 0.66 |
| Upside Intraday Target | 0.71 |
| Upside Intraday Target | 0.64 |
Weekly technical analysis of Trio Mercan (TrioMercan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 0.62 | 0.65 | 0.68 | 0.61 | 0.766 times |
| 17 Fri Mar 2023 | 0.69 | 0.80 | 0.80 | 0.66 | 2.213 times |
| 10 Fri Mar 2023 | 0.76 | 0.84 | 0.88 | 0.72 | 1.048 times |
| 03 Fri Mar 2023 | 0.84 | 0.84 | 0.90 | 0.80 | 0.645 times |
| 24 Fri Feb 2023 | 0.84 | 0.80 | 0.97 | 0.76 | 1.224 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 |
| 23 Thu Mar 2023 | 0.62 | 0.80 | 0.88 | 0.61 | 0.623 times |
| 28 Tue Feb 2023 | 0.80 | 1.03 | 1.06 | 0.76 | 0.969 times |
| 31 Tue Jan 2023 | 0.92 | 1.15 | 1.16 | 0.79 | 0.791 times |
| 30 Fri Dec 2022 | 1.13 | 1.18 | 1.24 | 1.05 | 0.979 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 | 83, 83, 0 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 5 | Sell |
| CCI | -99 | Buy |
| RSI | 43 | Sell |
| OBV | -232039 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -23 | Sell |
| 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 SELL signal for Trio Mercan in short term and the sell signal is strong.
Trio Mercan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Trio Mercan in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 0.69 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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