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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 2025-03-24 View latest technical analysis

10 day averaged volume of Le Merite is 37920

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	297.50	298.00	300.00	297.00	0.401 times
21 Fri Mar 2025	298.00	300.00	300.00	298.00	0.781 times
20 Thu Mar 2025	300.00	301.80	301.80	297.50	3.376 times
19 Wed Mar 2025	296.90	304.90	304.90	296.00	0.802 times
18 Tue Mar 2025	297.85	302.50	302.50	294.00	0.274 times
17 Mon Mar 2025	297.50	299.25	306.75	294.00	2.194 times
13 Thu Mar 2025	303.75	305.80	305.80	298.00	0.485 times
12 Wed Mar 2025	303.75	300.00	305.75	297.25	1.118 times
11 Tue Mar 2025	301.00	303.25	303.25	298.25	0.211 times
10 Mon Mar 2025	303.50	303.80	304.40	299.00	0.253 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 298.4, but if it comes above 298.4, then a intra day buy could be more profitable.
If you take a sell trade below 298.4, then use 298.4 as stoploss and 295.2 as target. However if you take a buy trade in stock , then use 298.4 as stoploss and 300.97 as target.

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	306.75
Upside Target	308.50
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	296.33
Downside Intraday Target	295.17
Upside Intraday Target	299.33
Upside Intraday Target	301.17
Upside Intraday Target	298.17

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	297.50	298.00	300.00	297.00	0.054 times
21 Fri Mar 2025	298.00	299.25	306.75	294.00	3.592 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

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
24 Mon Mar 2025	297.50	299.05	308.50	294.00	0.8 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 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 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 losing 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. Bears are weakening, and bulls are picking up momentum!

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

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 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 299.59 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.