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

(LEMERITE_SM) Le Merite complete technical analysis [charts+indicators] | Buy/Sell Le Merite | (LEMERITE_SM) share price targets

Complete technical analysis of Le Merite (LEMERITE_SM) by charts plus indicators, forecast predictions and share price targets for Le Merite (LEMERITE_SM)

10 day averaged volume of Le Merite is 34400

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	67.65	63.50	68.40	63.50	0.326 times
23 Tue Apr 2024	67.50	65.75	67.50	65.75	0.372 times
22 Mon Apr 2024	67.15	60.50	67.35	60.50	0.419 times
19 Fri Apr 2024	66.75	66.75	66.75	62.75	0.837 times
18 Thu Apr 2024	65.75	65.15	68.20	65.15	1.023 times
16 Tue Apr 2024	65.10	69.30	69.30	62.00	1.535 times
15 Mon Apr 2024	69.50	67.50	70.00	65.50	1.581 times
12 Fri Apr 2024	69.30	71.45	71.45	68.65	0.651 times
10 Wed Apr 2024	71.20	69.00	71.60	69.00	1.814 times
09 Tue Apr 2024	69.50	69.35	72.00	68.70	1.07 times

My analysis of stock is bullish for shortterm, and stock might move up till 70 or till 73.8. Use a stoploss of 66.84 and if this stock hits its stoploss, then it can fall down till 63.67

Share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Target	40.55
Downside Target	47.75
Downside Target	50.00
Downside Target	54.00
Downside Target	59.40
Downside Target	62.00
Downside Target	65.95
Upside Target	68.40
Upside Target	68.65
Upside Target	70.00
Upside Target	72.00

Intraday share price targets for Le Merite (LEMERITE_SM)

Target Type	Value
Downside Intraday Target	62.63
Downside Intraday Target	57.62
Upside Intraday Target	70.53
Upside Intraday Target	73.42
Downside Intraday Target	65.52

Weekly technical analysis of Le Merite (LEMERITE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	67.65	60.50	68.40	60.50	0.224 times
19 Fri Apr 2024	66.75	67.50	70.00	62.00	1.176 times
12 Fri Apr 2024	69.30	71.50	72.00	68.65	0.294 times
05 Fri Apr 2024	71.70	63.95	72.00	60.70	2.214 times
28 Thu Mar 2024	61.60	62.50	62.50	59.40	0.551 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_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	67.65	63.95	72.00	60.50	0.382 times
28 Thu Mar 2024	61.60	59.85	65.95	54.00	1.17 times
29 Thu Feb 2024	56.50	52.35	63.70	50.00	2.123 times
31 Wed Jan 2024	50.95	44.35	54.00	41.00	3.791 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_SM)

Price action analysis of Le Merite ( (LEMERITE_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Le Merite ( (LEMERITE_SM) ) based on a short to mid 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_SM) ) 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 Strong 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 68.23 and Le Merite (LEMERITE_SM) 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_SM) stock. Volume based technical analysis of Le Merite (LEMERITE_SM) 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.