(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 2024-05-03 View latest technical analysis
10 day averaged volume of Le Merite is 72480
Date | Daily Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 72.90 | 76.25 | 76.25 | 72.75 | 0.993 times |
02 Thu May 2024 | 73.95 | 74.90 | 76.15 | 73.80 | 0.751 times |
30 Tue Apr 2024 | 74.90 | 74.50 | 76.00 | 73.75 | 2.318 times |
29 Mon Apr 2024 | 74.50 | 77.75 | 77.75 | 73.00 | 2.34 times |
26 Fri Apr 2024 | 74.15 | 69.80 | 77.00 | 69.10 | 1.7 times |
25 Thu Apr 2024 | 69.80 | 64.75 | 72.00 | 64.75 | 1.479 times |
24 Wed Apr 2024 | 67.65 | 63.50 | 68.40 | 63.50 | 0.155 times |
23 Tue Apr 2024 | 67.50 | 65.75 | 67.50 | 65.75 | 0.177 times |
22 Mon Apr 2024 | 67.15 | 60.50 | 67.35 | 60.50 | 0.199 times |
19 Fri Apr 2024 | 66.75 | 66.75 | 66.75 | 62.75 | 0.397 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72.8, but if it comes below 72.8, then a intra day sell could be more profitable.
If you take a sell trade below 72.8, then use 72.8 as stoploss and 69.81 as target. However if you take a buy trade in stock , then use 72.8 as stoploss and 76.3 as target.
Share price targets for Le Merite (LEMERITE_SM)
Target Type | Value |
Downside Target | 41.00 |
Downside Target | 50.00 |
Downside Target | 54.00 |
Downside Target | 60.50 |
Downside Target | 62.00 |
Downside Target | 63.70 |
Downside Target | 65.95 |
Downside Target | 68.65 |
Downside Target | 72.00 |
Downside Target | 72.75 |
Upside Target | 76.25 |
Upside Target | 77.00 |
Upside Target | 77.75 |
Intraday share price targets for Le Merite (LEMERITE_SM)
Target Type | Value |
Downside Intraday Target | 71.18 |
Downside Intraday Target | 69.47 |
Upside Intraday Target | 76.18 |
Upside Intraday Target | 79.47 |
Upside Intraday Target | 74.47 |
Weekly technical analysis of Le Merite (LEMERITE_SM)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 72.90 | 77.75 | 77.75 | 72.75 | 1.726 times |
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 |
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_SM)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 72.90 | 74.90 | 76.25 | 72.75 | 0.089 times |
30 Tue Apr 2024 | 74.90 | 63.95 | 77.75 | 60.50 | 0.637 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 |
Scroll below to view daily charts
Price has moved down 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 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_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 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 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 losing momentum.
MACD generated a BUY signal for Le Merite in short term and the buy signal is strong.
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 green color and prices are above the green 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 SELL signal in short term but selling 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 73.03 and Le Merite (LEMERITE_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 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_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 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 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 losing momentum.
MACD generated a BUY signal for Le Merite in short term and the buy signal is strong.
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 green color and prices are above the green 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 SELL signal in short term but selling 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 73.03 and Le Merite (LEMERITE_SM) stock is trading below this level. This means that stock is falling with high volumes. 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
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Daily charts
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