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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 2025-02-17 View latest technical analysis

10 day averaged volume of Le Merite is 31760

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	300.95	304.70	304.70	298.25	1.234 times
14 Fri Feb 2025	305.70	307.75	307.75	300.30	0.504 times
13 Thu Feb 2025	300.00	304.00	304.00	300.00	0.856 times
12 Wed Feb 2025	304.95	285.50	308.00	283.15	4.131 times
11 Tue Feb 2025	298.05	309.00	313.60	298.05	2.292 times
10 Mon Feb 2025	313.70	316.80	316.80	309.50	0.202 times
07 Fri Feb 2025	312.30	319.50	319.50	310.00	0.353 times
06 Thu Feb 2025	313.45	321.00	321.00	311.75	0.302 times
05 Wed Feb 2025	315.00	317.75	317.90	309.50	0.554 times
04 Tue Feb 2025	313.90	317.75	317.75	307.00	0.579 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 300.7 as stoploss in an intra day buy trade for a target of 307.11. However, stock will show a bearish move below 300.7.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	190.00
Downside Target	215.50
Downside Target	224.00
Downside Target	238.95
Downside Target	266.80
Downside Target	283.15
Downside Target	292.05
Downside Target	298.25
Upside Target	308.40
Upside Target	315.50
Upside Target	316.80
Upside Target	321.00

Intraday share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Intraday Target	297.9
Downside Intraday Target	294.85
Upside Intraday Target	304.35
Upside Intraday Target	307.75
Upside Intraday Target	301.3

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Feb 2025	300.95	304.70	304.70	298.25	0.155 times
14 Fri Feb 2025	305.70	316.80	316.80	283.15	3.963 times
07 Fri Feb 2025	312.30	314.00	321.00	307.00	0.63 times
31 Fri Jan 2025	309.55	308.00	315.50	303.00	2.153 times
24 Fri Jan 2025	308.40	297.00	308.40	292.05	0.312 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
17 Mon Feb 2025	300.95	314.00	321.00	283.15	0.565 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
29 Fri Nov 2024	233.65	222.75	238.95	215.50	2.536 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 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_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 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 tired and bears are picking up momentum.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 304.32 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.