(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 2024-05-17 View latest technical analysis
10 day averaged volume of Le Merite is 121280
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 81.60 | 84.50 | 84.50 | 81.00 | 0.501 times |
16 Thu May 2024 | 82.55 | 80.40 | 84.85 | 79.30 | 1.372 times |
15 Wed May 2024 | 80.35 | 80.00 | 81.00 | 80.00 | 0.792 times |
14 Tue May 2024 | 78.85 | 79.50 | 79.50 | 77.50 | 1.57 times |
13 Mon May 2024 | 77.90 | 77.60 | 78.50 | 76.90 | 0.607 times |
10 Fri May 2024 | 77.50 | 74.10 | 81.80 | 73.50 | 2.005 times |
09 Thu May 2024 | 74.20 | 75.90 | 75.90 | 73.15 | 0.923 times |
08 Wed May 2024 | 74.50 | 75.80 | 75.80 | 74.15 | 0.198 times |
07 Tue May 2024 | 74.60 | 75.90 | 75.90 | 73.90 | 1.174 times |
06 Mon May 2024 | 75.40 | 74.90 | 75.60 | 73.75 | 0.765 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 78.9, but if it comes below 78.9, then a intra day sell could be more profitable.
If you take a sell trade below 78.9, then use 78.9 as stoploss and 74.34 as target. However if you take a buy trade in stock , then use 78.9 as stoploss and 84.5 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 | 70.00 |
Downside Target | 72.75 |
Downside Target | 76.90 |
Downside Target | 77.75 |
Upside Target | 81.80 |
Upside Target | 84.85 |
Intraday share price targets for Le Merite (LEMERITE_SM)
Target Type | Value |
Downside Intraday Target | 77.38 |
Downside Intraday Target | 73.17 |
Upside Intraday Target | 85.33 |
Upside Intraday Target | 89.07 |
Downside Intraday Target | 81.12 |
Weekly technical analysis of Le Merite (LEMERITE_SM)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 81.60 | 77.60 | 84.85 | 76.90 | 0.956 times |
10 Fri May 2024 | 77.50 | 74.90 | 81.80 | 73.15 | 1.324 times |
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 |
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_SM)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 81.60 | 74.90 | 84.85 | 72.75 | 0.936 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 78 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 78 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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