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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 2025-03-05 View latest technical analysis

10 day averaged volume of Le Merite is 37360

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	300.65	303.75	303.75	298.00	0.428 times
04 Tue Mar 2025	300.05	299.50	305.25	298.00	0.385 times
03 Mon Mar 2025	300.45	299.05	308.50	298.50	1.949 times
28 Fri Feb 2025	298.60	300.00	308.00	298.50	0.364 times
27 Thu Feb 2025	304.20	307.50	307.50	300.50	1.478 times
25 Tue Feb 2025	304.60	304.70	304.70	299.55	1.627 times
24 Mon Feb 2025	300.15	310.00	310.00	298.50	0.321 times
21 Fri Feb 2025	304.60	306.70	308.80	297.50	1.627 times
20 Thu Feb 2025	300.00	306.00	306.00	300.00	0.128 times
19 Wed Feb 2025	301.00	301.00	308.50	300.00	0.985 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 298.9 as stoploss in an intra day buy trade for a target of 304.12. However, stock will show a bearish move below 298.9.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	215.50
Downside Target	227.25
Downside Target	238.95
Downside Target	266.80
Downside Target	283.15
Downside Target	297.00
Upside Target	307.00
Upside Target	308.80
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	296.27
Downside Intraday Target	291.88
Upside Intraday Target	306.77
Upside Intraday Target	312.88
Upside Intraday Target	302.38

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	300.65	299.05	308.50	298.00	0.729 times
28 Fri Feb 2025	298.60	310.00	310.00	298.50	0.77 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

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
05 Wed Mar 2025	300.65	299.05	308.50	298.00	0.16 times
28 Fri Feb 2025	298.60	314.00	321.00	283.15	1.018 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Le Merite ( (LEMERITE_ST) ) based on a short to mid 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 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 Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Le Merite in short term and SELL 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

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 302.46 and Le Merite (LEMERITE_ST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.