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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 2025-05-22 View latest technical analysis

10 day averaged volume of Le Merite is 12000

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu May 2025	314.00	319.70	319.70	314.00	0.633 times
21 Wed May 2025	317.95	318.80	318.80	310.00	3.5 times
20 Tue May 2025	319.65	322.25	322.25	313.55	1.833 times
19 Mon May 2025	315.00	318.90	318.90	315.00	1.033 times
16 Fri May 2025	316.00	318.20	318.20	315.75	0.7 times
15 Thu May 2025	317.95	316.00	319.50	316.00	0.467 times
14 Wed May 2025	316.80	321.25	321.25	315.50	0.867 times
13 Tue May 2025	317.00	319.70	319.70	316.00	0.4 times
12 Mon May 2025	317.50	317.50	324.00	315.25	0.433 times
09 Fri May 2025	314.35	318.75	318.75	310.50	0.5 times

My analysis of stock is bearish for shortterm, and stock might move down till 309.4 or till 303.5. Use a stoploss of 314.21 and if the stock hits stoploss, then it can shoot up till 319.06

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	266.80
Downside Target	280.00
Downside Target	292.00
Downside Target	302.00
Upside Target	315.50
Upside Target	316.00
Upside Target	317.40
Upside Target	321.00
Upside Target	322.25
Upside Target	324.00
Upside Target	325.80

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	308.58
Downside Intraday Target	303.17
Upside Intraday Target	320.83
Upside Intraday Target	327.67
Upside Intraday Target	315.42

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu May 2025	314.00	318.90	322.25	310.00	2.442 times
16 Fri May 2025	316.00	317.50	324.00	315.25	0.31 times
09 Fri May 2025	314.35	320.00	325.80	308.15	0.986 times
02 Fri May 2025	317.35	302.20	317.40	302.00	0.895 times
25 Fri Apr 2025	306.40	303.00	309.80	281.25	2.532 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 Le Merite (LEMERITE_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu May 2025	314.00	309.75	325.80	305.15	0.501 times
30 Wed Apr 2025	309.75	297.75	316.00	280.00	0.747 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short to mid 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 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 Le Merite stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Le Merite Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Le Merite in short term but BUY 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 Le Merite is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 317.26 and Le Merite (LEMERITE_ST) 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 Le Merite (LEMERITE_ST) stock. Volume based technical analysis of Le Merite (LEMERITE_ST) stock is negative.

Le Merite 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.