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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 2025-02-06 View latest technical analysis

10 day averaged volume of Le Merite is 16960

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	313.45	321.00	321.00	311.75	0.566 times
05 Wed Feb 2025	315.00	317.75	317.90	309.50	1.038 times
04 Tue Feb 2025	313.90	317.75	317.75	307.00	1.085 times
03 Mon Feb 2025	317.00	314.00	319.00	307.00	0.425 times
31 Fri Jan 2025	309.55	308.00	314.70	306.00	0.943 times
30 Thu Jan 2025	310.90	313.90	315.50	307.55	0.849 times
29 Wed Jan 2025	311.30	308.70	314.40	305.30	1.745 times
28 Tue Jan 2025	307.70	303.50	312.00	303.00	1.038 times
27 Mon Jan 2025	305.00	308.00	309.00	303.00	1.415 times
24 Fri Jan 2025	308.40	304.50	308.40	304.50	0.377 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 312.9, but if it comes below 312.9, then a intra day sell could be more profitable.
If you take a sell trade below 312.9, then use 312.9 as stoploss and 301.51 as target. However if you take a buy trade in stock , then use 312.9 as stoploss and 326.5 as target.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	190.00
Downside Target	215.50
Downside Target	224.00
Downside Target	238.95
Downside Target	266.80
Downside Target	275.00
Downside Target	284.80
Downside Target	292.05
Downside Target	298.00
Downside Target	308.40
Upside Target	315.50
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	306.63
Downside Intraday Target	299.82
Upside Intraday Target	320.63
Upside Intraday Target	327.82
Upside Intraday Target	313.82

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	313.45	314.00	321.00	307.00	0.52 times
31 Fri Jan 2025	309.55	308.00	315.50	303.00	2.153 times
24 Fri Jan 2025	308.40	297.00	308.40	292.05	0.312 times
17 Fri Jan 2025	294.50	276.00	298.00	275.00	0.542 times
10 Fri Jan 2025	279.45	282.00	284.80	266.80	3.635 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	313.45	314.00	321.00	307.00	0.084 times
31 Fri Jan 2025	309.55	275.00	315.50	266.80	0.419 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

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 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 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 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

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 310.73 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.