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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 2025-01-21 View latest technical analysis

10 day averaged volume of Le Merite is 42880

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	294.30	298.00	298.00	292.05	0.112 times
20 Mon Jan 2025	296.90	297.00	297.00	292.35	0.149 times
17 Fri Jan 2025	294.50	298.00	298.00	286.50	0.299 times
16 Thu Jan 2025	291.25	292.00	293.45	288.50	0.261 times
15 Wed Jan 2025	293.55	294.00	295.95	290.00	0.243 times
14 Tue Jan 2025	290.50	283.75	291.00	276.50	1.493 times
13 Mon Jan 2025	277.40	276.00	280.00	275.00	1.231 times
10 Fri Jan 2025	279.45	281.75	282.00	274.50	0.634 times
09 Thu Jan 2025	281.55	280.90	284.80	266.80	1.269 times
08 Wed Jan 2025	280.85	284.60	284.60	275.00	1.026 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 290.2, but if it comes below 290.2, then a intra day sell could be more profitable.
If you take a sell trade below 290.2, then use 290.2 as stoploss and 282.96 as target. However if you take a buy trade in stock , then use 290.2 as stoploss and 298.8 as target.

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	266.80
Downside Target	281.00
Downside Target	285.00
Downside Target	292.05
Upside Target	298.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	291.57
Downside Intraday Target	288.83
Upside Intraday Target	297.52
Upside Intraday Target	300.73
Upside Intraday Target	294.78

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	294.30	297.00	298.00	292.05	0.074 times
17 Fri Jan 2025	294.50	276.00	298.00	275.00	0.542 times
10 Fri Jan 2025	279.45	282.00	284.80	266.80	3.635 times
03 Fri Jan 2025	281.40	280.00	285.00	272.30	0.331 times
27 Fri Dec 2024	278.50	279.50	281.00	271.75	1.388 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
21 Tue Jan 2025	294.30	275.00	298.00	266.80	0.328 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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 284.41 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.