(RoseMerc) Rose Merc complete technical analysis [charts+indicators] | Buy/Sell Rose Merc | (RoseMerc) share price targets
Complete technical analysis of Rose Merc (RoseMerc) by charts plus indicators, forecast predictions and share price targets for Rose Merc (RoseMerc)
10 day averaged volume of Rose Merc is 2894
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 103.95 | 101.95 | 103.95 | 101.00 | 0.198 times |
| 07 Tue May 2024 | 101.95 | 101.95 | 101.95 | 101.55 | 0.597 times |
| 06 Mon May 2024 | 97.10 | 102.95 | 102.95 | 94.20 | 0.765 times |
| 03 Fri May 2024 | 98.45 | 106.00 | 106.00 | 98.45 | 0.077 times |
| 02 Thu May 2024 | 101.00 | 105.95 | 105.95 | 97.40 | 0.396 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 100.2 as stoploss in an intra day buy trade for a target of 112.99. However, stock will show a bearish move below 100.2.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 94.20 |
| Downside Target | 97.40 |
| Downside Target | 103.95 |
| Upside Target | 108.90 |
| Upside Target | 113.15 |
| Upside Target | 119.85 |
| Upside Target | 127.40 |
| Upside Target | 140.00 |
| Upside Target | 143.00 |
| Upside Target | 144.80 |
| Upside Target | 159.85 |
| Upside Target | 193.90 |
| Upside Target | 197.75 |
Intraday share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Intraday Target | 97.45 |
| Downside Intraday Target | 90.95 |
| Upside Intraday Target | 107.2 |
| Upside Intraday Target | 110.45 |
| Downside Intraday Target | 100.7 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 103.95 | 102.95 | 103.95 | 94.20 | 0.358 times |
| 03 Fri May 2024 | 98.45 | 102.95 | 106.00 | 97.40 | 0.885 times |
| 26 Fri Apr 2024 | 103.10 | 113.00 | 119.85 | 99.75 | 1.408 times |
| 19 Fri Apr 2024 | 117.25 | 122.05 | 127.40 | 113.15 | 1.624 times |
| 12 Fri Apr 2024 | 128.20 | 136.25 | 140.00 | 128.20 | 0.582 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 Rose Merc (RoseMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 103.95 | 105.95 | 106.00 | 94.20 | 0.112 times |
| 30 Tue Apr 2024 | 101.95 | 126.45 | 143.00 | 97.95 | 0.235 times |
| 28 Thu Mar 2024 | 129.00 | 151.95 | 159.85 | 119.85 | 1.637 times |
| 29 Thu Feb 2024 | 144.80 | 197.75 | 197.75 | 144.80 | 1.468 times |
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 Rose Merc (RoseMerc)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 11, 24, 36 | Sell |
| MACD | -17, -17 | Sell |
| Stochastics | 33 | None |
| CCI | 13 | Buy |
| RSI | 55 | Buy |
| OBV | -33622 | Sell |
| VWAP | 101 | Buy |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rose Merc ( (RoseMerc) ) 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 Rose Merc ( (RoseMerc) ) 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 Rose Merc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Rose Merc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rose Merc 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rose Merc 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rose Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 101.45 and Rose Merc (RoseMerc) 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 Rose Merc (RoseMerc) stock. Volume based technical analysis of Rose Merc (RoseMerc) stock is negative.
Rose Merc 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.
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