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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 2025-08-20 View latest technical analysis

10 day averaged volume of Le Merite is 48040

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	345.65	344.75	347.50	340.10	0.433 times
19 Tue Aug 2025	341.50	336.05	344.60	334.50	2.065 times
18 Mon Aug 2025	334.35	329.50	337.00	324.50	2.148 times
14 Thu Aug 2025	324.60	328.50	334.00	322.10	0.758 times
13 Wed Aug 2025	323.75	321.25	330.00	321.00	2.198 times
12 Tue Aug 2025	321.00	327.50	327.50	315.00	1.815 times
11 Mon Aug 2025	324.50	325.80	325.80	320.05	0.092 times
08 Fri Aug 2025	322.25	327.70	327.70	320.00	0.083 times
07 Thu Aug 2025	320.00	327.80	327.80	319.75	0.092 times
06 Wed Aug 2025	319.75	331.00	331.00	319.50	0.092 times

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 342.5, for a target of 334.1 or 327.17

Share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Target	178.85
Downside Target	185.55
Downside Target	196.50
Downside Target	213.75
Downside Target	301.00
Downside Target	331.00
Downside Target	334.00
Downside Target	338.00
Downside Target	341.80
Downside Target	345.00
Upside Target	347.50

Intraday share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Intraday Target	330.93
Downside Intraday Target	316.22
Upside Intraday Target	353.93
Upside Intraday Target	362.22
Downside Intraday Target	339.22

Weekly technical analysis of Le Merite (LEMERITE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	345.65	329.50	347.50	324.50	0.955 times
14 Thu Aug 2025	324.60	325.80	334.00	315.00	4.142 times
08 Fri Aug 2025	322.25	329.80	331.00	319.00	0.75 times
01 Fri Aug 2025	320.25	338.00	338.00	320.00	1.504 times
25 Fri Jul 2025	330.75	333.50	341.80	330.75	0.587 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
20 Wed Aug 2025	345.65	330.00	347.50	315.00	1.089 times
31 Thu Jul 2025	324.75	308.55	345.00	305.00	11 times
30 Mon Jun 2025	306.50	301.00	309.50	301.00	0.108 times
08 Tue Oct 2024	192.50	196.50	196.50	185.55	0.258 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 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 gaining momentum.

MACD generated a SELL signal for Le Merite in short term but the sell signal is initial and weak.

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 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 330.28 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.