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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 2025-01-02 View latest technical analysis

10 day averaged volume of Le Merite is 35120

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	277.55	275.00	280.00	273.65	0.296 times
01 Wed Jan 2025	276.95	275.00	278.80	272.30	0.251 times
31 Tue Dec 2024	276.10	285.00	285.00	273.50	0.159 times
30 Mon Dec 2024	279.25	280.00	284.25	279.25	0.524 times
27 Fri Dec 2024	278.50	280.00	281.00	271.75	2.346 times
26 Thu Dec 2024	275.25	278.00	281.00	273.50	1.298 times
24 Tue Dec 2024	275.30	277.25	279.00	275.10	0.205 times
23 Mon Dec 2024	277.25	279.50	280.00	273.25	2.756 times
20 Fri Dec 2024	272.60	267.00	277.00	267.00	1.321 times
19 Thu Dec 2024	274.40	274.50	275.50	269.50	0.364 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 279.1 as stoploss in an intra day sell trade for a target of 267.33. However, stock will show a bullish move above 279.1.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	71.05
Downside Target	87.00
Downside Target	190.00
Downside Target	215.50
Downside Target	224.00
Downside Target	238.95
Downside Target	248.30
Downside Target	258.75
Downside Target	271.75
Downside Target	277.00
Upside Target	280.00
Upside Target	281.00
Upside Target	285.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	271.57
Downside Intraday Target	265.58
Upside Intraday Target	284.27
Upside Intraday Target	290.98
Upside Intraday Target	278.28

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	277.55	280.00	285.00	272.30	0.186 times
27 Fri Dec 2024	278.50	279.50	281.00	271.75	1.388 times
20 Fri Dec 2024	272.60	258.75	277.00	258.75	0.241 times
13 Fri Dec 2024	258.10	255.50	259.00	248.30	1.766 times
06 Fri Dec 2024	248.50	227.50	249.90	227.25	0.42 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
02 Thu Jan 2025	277.55	275.00	280.00	272.30	0.013 times
31 Tue Dec 2024	276.10	227.50	285.00	227.25	0.728 times
29 Fri Nov 2024	233.65	222.75	238.95	215.50	2.536 times
31 Thu Oct 2024	218.65	195.75	224.00	190.00	0.176 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 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.

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 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Le Merite in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 276.58 and Le Merite (LEMERITE_ST) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.