(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)
10 day averaged volume of Le Merite is 57600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 229.30 | 233.75 | 233.75 | 225.05 | 2.097 times |
| 18 Mon Nov 2024 | 231.25 | 232.70 | 238.95 | 225.00 | 1.375 times |
| 14 Thu Nov 2024 | 232.70 | 234.00 | 234.00 | 225.25 | 0.625 times |
| 13 Wed Nov 2024 | 226.95 | 227.90 | 227.95 | 220.00 | 2.222 times |
| 12 Tue Nov 2024 | 228.00 | 230.50 | 230.50 | 225.25 | 1.042 times |
Stock of Le Merite (LEMERITE_ST) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 228, but if it comes below 228, then a intra day sell could be more profitable.
If you take a sell trade below 228, then use 228 as stoploss and 221.49 as target. However if you take a buy trade in stock , then use 228 as stoploss and 235.7 as target.
Share price targets for Le Merite (LEMERITE_ST)
| Target Type | Value |
| Downside Target | 71.05 |
| Downside Target | 87.00 |
| Downside Target | 190.00 |
| Downside Target | 213.00 |
| Downside Target | 220.00 |
| Downside Target | 225.00 |
| Downside Target | 228.45 |
| Upside Target | 234.00 |
| Upside Target | 238.95 |
Intraday share price targets for Le Merite (LEMERITE_ST)
| Target Type | Value |
| Downside Intraday Target | 223.22 |
| Downside Intraday Target | 217.13 |
| Upside Intraday Target | 237.17 |
| Upside Intraday Target | 245.03 |
| Upside Intraday Target | 231.08 |
Weekly technical analysis of Le Merite (LEMERITE_ST)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 229.30 | 232.70 | 238.95 | 225.00 | 0.859 times |
| 14 Thu Nov 2024 | 232.70 | 231.00 | 234.00 | 220.00 | 0.954 times |
| 08 Fri Nov 2024 | 227.80 | 223.50 | 228.45 | 215.50 | 2.421 times |
| 01 Fri Nov 2024 | 221.20 | 223.00 | 223.00 | 215.00 | 0.724 times |
| 30 Wed Oct 2024 | 218.25 | 224.00 | 224.00 | 213.00 | 0.473 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 Le Merite (LEMERITE_ST)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 229.30 | 222.75 | 238.95 | 215.50 | 0.843 times |
| 31 Thu Oct 2024 | 218.65 | 195.75 | 224.00 | 190.00 | 0.178 times |
| 20 Fri May 2022 | 74.60 | 75.00 | 87.00 | 71.05 | 0 times |
| 01 Thu Jan 1970 | 0 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 7, 65 | Buy |
| MACD | 46, 7 | Buy |
| Stochastics | 73 | Buy |
| CCI | 65 | Sell |
| RSI | 81 | Buy |
| OBV | -158400 | Sell |
| VWAP | 228 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 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
ADX buy sell signal for Le Merite stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Le Merite in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Le Merite in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 227.74 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.
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