Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-19 View latest technical analysis

10 day averaged volume of Le Merite is 23840

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	296.90	304.90	304.90	296.00	1.275 times
18 Tue Mar 2025	297.85	302.50	302.50	294.00	0.436 times
17 Mon Mar 2025	297.50	299.25	306.75	294.00	3.49 times
13 Thu Mar 2025	303.75	305.80	305.80	298.00	0.772 times
12 Wed Mar 2025	303.75	300.00	305.75	297.25	1.779 times
11 Tue Mar 2025	301.00	303.25	303.25	298.25	0.336 times
10 Mon Mar 2025	303.50	303.80	304.40	299.00	0.403 times
07 Fri Mar 2025	303.90	306.50	306.50	298.75	0.805 times
06 Thu Mar 2025	302.40	306.70	306.70	297.25	0.705 times
05 Wed Mar 2025	300.65	303.75	303.75	298.00	0.671 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 296, for a target of 299 or 301.45

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	294.00
Upside Target	305.80
Upside Target	308.50
Upside Target	308.80
Upside Target	310.00
Upside Target	315.50
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	291.68
Downside Intraday Target	286.47
Upside Intraday Target	304.43
Upside Intraday Target	311.97
Upside Intraday Target	299.22

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Mar 2025	296.90	299.25	306.75	294.00	1.582 times
13 Thu Mar 2025	303.75	303.80	305.80	297.25	0.563 times
07 Fri Mar 2025	303.90	299.05	308.50	297.25	0.983 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

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
19 Wed Mar 2025	296.90	299.05	308.50	294.00	0.531 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 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 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 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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Le Merite in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 300.28 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.