(LEMERITE_SM) Le Merite complete technical analysis [charts+indicators] | Buy/Sell Le Merite | (LEMERITE_SM) share price targets
Complete technical analysis of Le Merite (LEMERITE_SM) by charts plus indicators, forecast predictions and share price targets for Le Merite (LEMERITE_SM)
Showing technical analysis as on 2024-04-26 View latest technical analysis
10 day averaged volume of Le Merite is 40160
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 74.15 | 69.80 | 77.00 | 69.10 | 3.068 times |
25 Thu Apr 2024 | 69.80 | 64.75 | 72.00 | 64.75 | 2.669 times |
24 Wed Apr 2024 | 67.65 | 63.50 | 68.40 | 63.50 | 0.279 times |
23 Tue Apr 2024 | 67.50 | 65.75 | 67.50 | 65.75 | 0.319 times |
22 Mon Apr 2024 | 67.15 | 60.50 | 67.35 | 60.50 | 0.359 times |
19 Fri Apr 2024 | 66.75 | 66.75 | 66.75 | 62.75 | 0.717 times |
18 Thu Apr 2024 | 65.75 | 65.15 | 68.20 | 65.15 | 0.876 times |
16 Tue Apr 2024 | 65.10 | 69.30 | 69.30 | 62.00 | 1.315 times |
15 Mon Apr 2024 | 69.50 | 67.50 | 70.00 | 65.50 | 1.355 times |
12 Fri Apr 2024 | 69.30 | 71.45 | 71.45 | 68.65 | 0.558 times |
Stock of Le Merite (LEMERITE_SM) has showed a significant upmove. This could be a good time to enter in this stock!
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 74.7, for a target of 71 or 67.84
Share price targets for Le Merite (LEMERITE_SM)
Target Type | Value |
Downside Target | 40.55 |
Downside Target | 47.75 |
Downside Target | 50.00 |
Downside Target | 54.00 |
Downside Target | 59.40 |
Downside Target | 62.00 |
Downside Target | 65.95 |
Downside Target | 68.65 |
Downside Target | 70.00 |
Downside Target | 72.00 |
Upside Target | 77.00 |
Intraday share price targets for Le Merite (LEMERITE_SM)
Target Type | Value |
Downside Intraday Target | 64.1 |
Downside Intraday Target | 54.05 |
Upside Intraday Target | 80.6 |
Upside Intraday Target | 87.05 |
Downside Intraday Target | 70.55 |
Weekly technical analysis of Le Merite (LEMERITE_SM)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 74.15 | 60.50 | 77.00 | 60.50 | 1.57 times |
19 Fri Apr 2024 | 66.75 | 67.50 | 70.00 | 62.00 | 1.176 times |
12 Fri Apr 2024 | 69.30 | 71.50 | 72.00 | 68.65 | 0.294 times |
05 Fri Apr 2024 | 71.70 | 63.95 | 72.00 | 60.70 | 2.214 times |
28 Thu Mar 2024 | 61.60 | 62.50 | 62.50 | 59.40 | 0.551 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Le Merite (LEMERITE_SM)
Date | Monthly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 74.15 | 63.95 | 77.00 | 60.50 | 0.485 times |
28 Thu Mar 2024 | 61.60 | 59.85 | 65.95 | 54.00 | 1.17 times |
29 Thu Feb 2024 | 56.50 | 52.35 | 63.70 | 50.00 | 2.123 times |
31 Wed Jan 2024 | 50.95 | 44.35 | 54.00 | 41.00 | 3.791 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_SM)
Price action analysis of Le Merite ( (LEMERITE_SM) ) 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_SM) ) 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_SM) ) based on a short to mid 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_SM) ) 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 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 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 SELL signal in short term but selling 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 69.67 and Le Merite (LEMERITE_SM) 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_SM) stock. Volume based technical analysis of Le Merite (LEMERITE_SM) 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.
Price action analysis of Le Merite ( (LEMERITE_SM) ) 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_SM) ) 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_SM) ) based on a short to mid 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_SM) ) 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 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 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 SELL signal in short term but selling 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 69.67 and Le Merite (LEMERITE_SM) 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_SM) stock. Volume based technical analysis of Le Merite (LEMERITE_SM) 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.
Click here for Le Merite charts
Click here for further forecast and predictions for tomorrow
Daily charts
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