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(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 2024-07-02 View latest technical analysis

10 day averaged volume of Le Merite is 122400

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	139.50	141.50	141.50	135.00	1.542 times
01 Mon Jul 2024	138.15	144.00	144.00	137.50	0.941 times
28 Fri Jun 2024	140.15	138.55	141.00	137.75	0.928 times
27 Thu Jun 2024	138.15	142.50	142.50	137.00	0.51 times
26 Wed Jun 2024	138.25	140.85	140.90	137.15	0.536 times
25 Tue Jun 2024	139.65	139.75	139.75	136.20	0.824 times
24 Mon Jun 2024	137.95	143.70	143.70	136.75	0.732 times
21 Fri Jun 2024	139.75	133.00	141.80	131.75	1.582 times
20 Thu Jun 2024	131.50	132.40	134.90	129.95	0.784 times
19 Wed Jun 2024	128.75	128.50	129.95	124.60	0.928 times

Share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Target	54.00
Downside Target	60.50
Downside Target	65.95
Downside Target	72.75
Downside Target	77.75
Downside Target	79.90
Downside Target	89.00
Downside Target	98.65
Downside Target	118.85
Downside Target	135.00
Upside Target	141.80
Upside Target	143.70
Upside Target	144.00

Intraday share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Intraday Target	135
Downside Intraday Target	130.5
Upside Intraday Target	144
Upside Intraday Target	148.5
Downside Intraday Target	139.5

Weekly technical analysis of Le Merite (LEMERITE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	139.50	144.00	144.00	135.00	0.704 times
28 Fri Jun 2024	140.15	143.70	143.70	136.20	0.638 times
21 Fri Jun 2024	139.75	122.00	141.80	119.00	0.946 times
14 Fri Jun 2024	116.95	103.40	118.85	98.65	0.636 times
07 Fri Jun 2024	97.45	87.00	99.75	79.90	1.509 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_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	139.50	144.00	144.00	135.00	0.103 times
28 Fri Jun 2024	140.15	87.00	143.70	79.90	1.208 times
31 Fri May 2024	84.55	74.90	89.00	72.75	1.72 times
30 Tue Apr 2024	74.90	63.95	77.75	60.50	0.637 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 Strong 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 moving up

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 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 137.47 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.