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(LEMERITE_ST) Le Merite complete technical analysis [charts+indicators] | Buy/Sell Le Merite | (LEMERITE_ST) share price targets

Complete technical analysis of Le Merite (LEMERITE_ST) by charts plus indicators, forecast predictions and share price targets for Le Merite (LEMERITE_ST)

Showing technical analysis as on 2025-04-17 View latest technical analysis

10 day averaged volume of Le Merite is 37040

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	299.75	299.75	299.75	299.75	0.022 times
16 Wed Apr 2025	293.50	288.50	304.50	288.50	0.734 times
15 Tue Apr 2025	299.50	302.50	302.50	293.50	0.583 times
11 Fri Apr 2025	296.75	303.00	303.00	290.00	1.274 times
09 Wed Apr 2025	292.55	294.80	294.80	289.00	0.432 times
08 Tue Apr 2025	292.50	299.00	299.00	291.00	0.151 times
07 Mon Apr 2025	290.20	300.00	300.00	280.00	2.441 times
04 Fri Apr 2025	294.05	298.00	299.20	285.15	1.641 times
03 Thu Apr 2025	293.50	292.50	294.80	287.00	0.842 times
02 Wed Apr 2025	292.85	293.50	295.00	288.10	0.886 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 299.1, but if it comes below 299.1, then a intra day sell could be more profitable.
If you take a sell trade below 299.1, then use 299.1 as stoploss and 295.75 as target. However if you take a buy trade in stock , then use 299.1 as stoploss and 303.1 as target.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	227.25
Downside Target	266.80
Downside Target	280.00
Upside Target	303.00
Upside Target	304.50
Upside Target	306.00
Upside Target	306.75
Upside Target	308.50
Upside Target	315.50
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	290.67
Downside Intraday Target	281.58
Upside Intraday Target	306.67
Upside Intraday Target	313.58
Downside Intraday Target	297.58

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	299.75	302.50	304.50	288.50	0.312 times
11 Fri Apr 2025	296.75	300.00	303.00	280.00	0.98 times
04 Fri Apr 2025	294.05	297.75	299.20	285.15	0.653 times
28 Fri Mar 2025	295.05	298.00	306.00	292.00	0.884 times
21 Fri Mar 2025	298.00	299.25	306.75	294.00	3.592 times

Price has moved up 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 Le Merite (LEMERITE_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	299.75	297.75	304.50	280.00	0.496 times
28 Fri Mar 2025	295.05	299.05	308.50	292.00	1.163 times
28 Fri Feb 2025	298.60	314.00	321.00	283.15	1.018 times
31 Fri Jan 2025	309.55	275.00	315.50	266.80	0.419 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 Le Merite (LEMERITE_ST)

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short 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.

Price action analysis of Le Merite ( (LEMERITE_ST) ) 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 Le Merite ( (LEMERITE_ST) ) 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 Le Merite stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Le Merite in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Le Merite Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Le Merite in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Le Merite is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 293.44 and Le Merite (LEMERITE_ST) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Le Merite (LEMERITE_ST) stock. Volume based technical analysis of Le Merite (LEMERITE_ST) stock is negative.

Le Merite Stock is giving positive 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.