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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 2025-01-08 View latest technical analysis

10 day averaged volume of Le Merite is 36560

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	280.85	284.60	284.60	275.00	1.204 times
07 Tue Jan 2025	279.80	280.75	280.95	274.60	3.982 times
06 Mon Jan 2025	278.85	282.00	283.50	275.00	0.219 times
03 Fri Jan 2025	281.40	279.00	284.50	274.85	0.919 times
02 Thu Jan 2025	277.55	275.00	280.00	273.65	0.284 times
01 Wed Jan 2025	276.95	275.00	278.80	272.30	0.241 times
31 Tue Dec 2024	276.10	285.00	285.00	273.50	0.153 times
30 Mon Dec 2024	279.25	280.00	284.25	279.25	0.503 times
27 Fri Dec 2024	278.50	280.00	281.00	271.75	2.254 times
26 Thu Dec 2024	275.25	278.00	281.00	273.50	1.247 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 281.1 as stoploss in an intra day sell trade for a target of 273.55. However, stock will show a bullish move above 281.1.

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	284.60
Upside Target	285.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	275.43
Downside Intraday Target	270.02
Upside Intraday Target	285.43
Upside Intraday Target	290.02
Downside Intraday Target	280.02

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	280.85	282.00	284.60	274.60	2.573 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Le Merite (LEMERITE_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	280.85	275.00	284.60	272.30	0.166 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 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 279.05 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.