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(LEMERITE_ST) Le Merite complete technical analysis [charts+indicators] | Buy/Sell Le Merite | (LEMERITE_ST) share price targets

Complete technical analysis of Le Merite (LEMERITE_ST) by charts plus indicators, forecast predictions and share price targets for Le Merite (LEMERITE_ST)

Showing technical analysis as on 2025-01-06 View latest technical analysis

10 day averaged volume of Le Merite is 35520

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	278.85	282.00	283.50	275.00	0.225 times
03 Fri Jan 2025	281.40	279.00	284.50	274.85	0.946 times
02 Thu Jan 2025	277.55	275.00	280.00	273.65	0.293 times
01 Wed Jan 2025	276.95	275.00	278.80	272.30	0.248 times
31 Tue Dec 2024	276.10	285.00	285.00	273.50	0.158 times
30 Mon Dec 2024	279.25	280.00	284.25	279.25	0.518 times
27 Fri Dec 2024	278.50	280.00	281.00	271.75	2.32 times
26 Thu Dec 2024	275.25	278.00	281.00	273.50	1.284 times
24 Tue Dec 2024	275.30	277.25	279.00	275.10	0.203 times
23 Mon Dec 2024	277.25	279.50	280.00	273.25	2.725 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 280 as stoploss in an intra day sell trade for a target of 271.02. However, stock will show a bullish move above 280.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	71.05
Downside Target	87.00
Downside Target	190.00
Downside Target	215.50
Downside Target	224.00
Downside Target	238.95
Downside Target	248.30
Downside Target	258.75
Downside Target	271.75
Upside Target	281.00
Upside Target	283.50
Upside Target	284.50
Upside Target	285.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	274.73
Downside Intraday Target	270.62
Upside Intraday Target	283.23
Upside Intraday Target	287.62
Upside Intraday Target	279.12

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	278.85	282.00	283.50	275.00	0.104 times
03 Fri Jan 2025	281.40	280.00	285.00	272.30	0.331 times
27 Fri Dec 2024	278.50	279.50	281.00	271.75	1.388 times
20 Fri Dec 2024	272.60	258.75	277.00	258.75	0.241 times
13 Fri Dec 2024	258.10	255.50	259.00	248.30	1.766 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	278.85	275.00	284.50	272.30	0.04 times
31 Tue Dec 2024	276.10	227.50	285.00	227.25	0.728 times
29 Fri Nov 2024	233.65	222.75	238.95	215.50	2.536 times
31 Thu Oct 2024	218.65	195.75	224.00	190.00	0.176 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_ST)

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Le Merite ( (LEMERITE_ST) ) 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_ST) ) 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_ST) ) 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 SELL signal for Le Merite in short term but the sell signal is initial and weak.

Le Merite Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 277.82 and Le Merite (LEMERITE_ST) 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_ST) stock. Volume based technical analysis of Le Merite (LEMERITE_ST) 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.