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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 2025-02-25 View latest technical analysis

10 day averaged volume of Le Merite is 44320

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	304.60	304.70	304.70	299.55	1.372 times
24 Mon Feb 2025	300.15	310.00	310.00	298.50	0.271 times
21 Fri Feb 2025	304.60	306.70	308.80	297.50	1.372 times
20 Thu Feb 2025	300.00	306.00	306.00	300.00	0.108 times
19 Wed Feb 2025	301.00	301.00	308.50	300.00	0.83 times
18 Tue Feb 2025	304.05	307.50	307.50	297.00	0.957 times
17 Mon Feb 2025	300.95	304.70	304.70	298.25	0.884 times
14 Fri Feb 2025	305.70	307.75	307.75	300.30	0.361 times
13 Thu Feb 2025	300.00	304.00	304.00	300.00	0.614 times
12 Wed Feb 2025	304.95	285.50	308.00	283.15	2.96 times

My analysis of stock is bearish for shortterm, and stock might move down till 301.2 or till 294.1. Use a stoploss of 307.06 and if the stock hits stoploss, then it can shoot up till 312.93

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	283.15
Downside Target	297.00
Upside Target	310.00
Upside Target	315.50
Upside Target	316.80
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	298.73
Downside Intraday Target	292.87
Upside Intraday Target	310.23
Upside Intraday Target	315.87
Downside Intraday Target	304.37

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	304.60	310.00	310.00	298.50	0.396 times
21 Fri Feb 2025	304.60	304.70	308.80	297.00	0.726 times
14 Fri Feb 2025	305.70	316.80	316.80	283.15	3.963 times
07 Fri Feb 2025	312.30	314.00	321.00	307.00	0.63 times
31 Fri Jan 2025	309.55	308.00	315.50	303.00	2.153 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
25 Tue Feb 2025	304.60	314.00	321.00	283.15	0.909 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 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_ST)

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak 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 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 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 303.59 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.