Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-06 View latest technical analysis

10 day averaged volume of Le Merite is 14800

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Jun 2025	319.75	320.70	322.80	312.50	0.757 times
05 Thu Jun 2025	316.90	313.25	321.00	312.25	0.892 times
04 Wed Jun 2025	314.80	314.55	317.50	312.00	1 times
03 Tue Jun 2025	317.65	319.80	319.80	313.50	0.081 times
02 Mon Jun 2025	313.15	319.60	319.60	312.75	0.946 times
30 Fri May 2025	313.35	317.35	317.35	313.25	0.243 times
29 Thu May 2025	315.00	321.50	321.50	313.00	2.892 times
28 Wed May 2025	313.25	318.30	318.30	313.25	1.081 times
27 Tue May 2025	313.50	319.70	319.70	313.50	1.081 times
26 Mon May 2025	314.00	314.50	321.70	314.00	1.297 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 320.4, for a target of 317.9 or 315.89

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	321.00
Upside Target	321.70
Upside Target	322.25
Upside Target	322.80
Upside Target	324.00
Upside Target	325.80

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	313.57
Downside Intraday Target	307.38
Upside Intraday Target	324.37
Upside Intraday Target	328.98
Downside Intraday Target	318.18

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Jun 2025	319.75	319.60	322.80	312.00	0.557 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
06 Fri Jun 2025	319.75	319.60	322.80	312.00	0.141 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. Bulls are getting stronger in this stock.

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 but buying 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 314.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.