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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 2025-06-03 View latest technical analysis

10 day averaged volume of Le Merite is 19040

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	317.65	319.80	319.80	313.50	0.063 times
02 Mon Jun 2025	313.15	319.60	319.60	312.75	0.735 times
30 Fri May 2025	313.35	317.35	317.35	313.25	0.189 times
29 Thu May 2025	315.00	321.50	321.50	313.00	2.248 times
28 Wed May 2025	313.25	318.30	318.30	313.25	0.84 times
27 Tue May 2025	313.50	319.70	319.70	313.50	0.84 times
26 Mon May 2025	314.00	314.50	321.70	314.00	1.008 times
23 Fri May 2025	314.50	314.00	319.50	313.50	0.378 times
22 Thu May 2025	314.00	319.70	319.70	314.00	0.399 times
21 Wed May 2025	317.95	318.80	318.80	310.00	2.206 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 317.5, but if it comes below 317.5, then a intra day sell could be more profitable.
If you take a sell trade below 317.5, then use 317.5 as stoploss and 315.64 as target. However if you take a buy trade in stock , then use 317.5 as stoploss and 319.7 as target.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	280.00
Downside Target	292.00
Downside Target	305.15
Upside Target	319.80
Upside Target	321.00
Upside Target	321.70
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	313.67
Downside Intraday Target	309.68
Upside Intraday Target	320.72
Upside Intraday Target	323.78
Downside Intraday Target	316.73

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Jun 2025	317.65	319.60	319.80	312.75	0.156 times
30 Fri May 2025	313.35	314.50	321.70	313.00	1.07 times
23 Fri May 2025	314.50	318.90	322.25	310.00	2.651 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

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
03 Tue Jun 2025	317.65	319.60	319.80	312.75	0.04 times
30 Fri May 2025	313.35	309.75	325.80	305.15	0.689 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Le Merite in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Le Merite in short term and BUY 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

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 315.08 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 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.