(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 3331
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 98.45 | 106.00 | 106.00 | 98.45 | 0.067 times |
| 02 Thu May 2024 | 101.00 | 105.95 | 105.95 | 97.40 | 0.344 times |
| 30 Tue Apr 2024 | 101.95 | 101.95 | 102.00 | 98.40 | 0.676 times |
| 29 Mon Apr 2024 | 97.95 | 102.95 | 102.95 | 97.95 | 2.701 times |
| 26 Fri Apr 2024 | 103.10 | 105.00 | 108.95 | 99.75 | 1.4 times |
| 25 Thu Apr 2024 | 105.00 | 110.95 | 110.95 | 105.00 | 0.781 times |
| 24 Wed Apr 2024 | 106.30 | 112.00 | 112.00 | 106.30 | 1.362 times |
| 23 Tue Apr 2024 | 111.85 | 117.40 | 117.40 | 111.65 | 0.186 times |
| 22 Mon Apr 2024 | 117.40 | 113.00 | 119.85 | 113.00 | 0.551 times |
| 19 Fri Apr 2024 | 117.25 | 124.90 | 124.90 | 113.15 | 1.059 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.4, but if it comes above 104.4, then a intra day buy could be more profitable.
If you take a sell trade below 104.4, then use 104.4 as stoploss and 87.6 as target. However if you take a buy trade in stock , then use 104.4 as stoploss and 118.34 as target.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 97.40 |
| Upside Target | 106.00 |
| Upside Target | 108.90 |
| Upside Target | 113.15 |
| Upside Target | 119.85 |
| Upside Target | 123.00 |
| 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 | 95.23 |
| Downside Intraday Target | 92.02 |
| Upside Intraday Target | 103.83 |
| Upside Intraday Target | 109.22 |
| Upside Intraday Target | 100.62 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri Apr 2024 | 136.75 | 126.45 | 143.00 | 123.00 | 0.635 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 Rose Merc (RoseMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 98.45 | 105.95 | 106.00 | 97.40 | 0.026 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 |
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 Rose Merc (RoseMerc)
Price action analysis of Rose Merc ( (RoseMerc) ) 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 Rose Merc ( (RoseMerc) ) 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 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.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Rose Merc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Rose Merc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.7 and Rose Merc (RoseMerc) 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 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.
Price action analysis of Rose Merc ( (RoseMerc) ) 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 Rose Merc ( (RoseMerc) ) 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 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.
Rose Merc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Rose Merc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Rose Merc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.7 and Rose Merc (RoseMerc) 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 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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