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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)

10 day averaged volume of Le Merite is 51760

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	293.50	292.50	294.80	287.00	0.603 times
02 Wed Apr 2025	292.85	293.50	295.00	288.10	0.634 times
01 Tue Apr 2025	288.25	297.75	297.75	287.00	0.726 times
28 Fri Mar 2025	295.05	299.00	299.00	292.00	1.144 times
26 Wed Mar 2025	299.80	301.00	301.00	299.00	1.267 times
25 Tue Mar 2025	299.00	306.00	306.00	296.50	2.102 times
24 Mon Mar 2025	297.50	298.00	300.00	297.00	0.294 times
21 Fri Mar 2025	298.00	300.00	300.00	298.00	0.572 times
20 Thu Mar 2025	300.00	301.80	301.80	297.50	2.473 times
19 Wed Mar 2025	296.90	304.90	304.90	296.00	0.587 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 294.8, but if it comes above 294.8, then a intra day buy could be more profitable.
If you take a sell trade below 294.8, then use 294.8 as stoploss and 290 as target. However if you take a buy trade in stock , then use 294.8 as stoploss and 298.76 as target.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	227.25
Downside Target	266.80
Downside Target	283.15
Upside Target	297.75
Upside Target	305.80
Upside Target	306.00
Upside Target	306.75
Upside Target	308.50
Upside Target	315.50
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	287.75
Downside Intraday Target	282
Upside Intraday Target	298.5
Upside Intraday Target	303.5
Downside Intraday Target	292.75

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	293.50	297.75	297.75	287.00	0.408 times
28 Fri Mar 2025	295.05	298.00	306.00	292.00	0.884 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

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
03 Thu Apr 2025	293.50	297.75	297.75	287.00	0.136 times
28 Fri Mar 2025	295.05	299.05	308.50	292.00	1.163 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

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Le Merite stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Le Merite in short term and the sell signal is strong.

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 297.24 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.