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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 2025-04-16 View latest technical analysis

10 day averaged volume of Le Merite is 40240

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	293.50	288.50	304.50	288.50	0.676 times
15 Tue Apr 2025	299.50	302.50	302.50	293.50	0.537 times
11 Fri Apr 2025	296.75	303.00	303.00	290.00	1.173 times
09 Wed Apr 2025	292.55	294.80	294.80	289.00	0.398 times
08 Tue Apr 2025	292.50	299.00	299.00	291.00	0.139 times
07 Mon Apr 2025	290.20	300.00	300.00	280.00	2.247 times
04 Fri Apr 2025	294.05	298.00	299.20	285.15	1.511 times
03 Thu Apr 2025	293.50	292.50	294.80	287.00	0.775 times
02 Wed Apr 2025	292.85	293.50	295.00	288.10	0.815 times
01 Tue Apr 2025	288.25	297.75	297.75	287.00	0.934 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 292.3 as stoploss in an intra day buy trade for a target of 295.95. However, stock will show a bearish move below 292.3.

Share price targets for Le Merite (LEMERITE_ST)

Target Type	Value
Downside Target	227.25
Downside Target	266.80
Downside Target	280.00
Upside Target	303.00
Upside Target	304.50
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	286.5
Downside Intraday Target	279.5
Upside Intraday Target	302.5
Upside Intraday Target	311.5
Upside Intraday Target	295.5

Weekly technical analysis of Le Merite (LEMERITE_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	293.50	302.50	304.50	288.50	0.307 times
11 Fri Apr 2025	296.75	300.00	303.00	280.00	0.98 times
04 Fri Apr 2025	294.05	297.75	299.20	285.15	0.653 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

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
16 Wed Apr 2025	293.50	297.75	304.50	280.00	0.495 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a BUY signal for Le Merite in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 292.9 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 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.