(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)
Showing technical analysis as on 2024-04-10 View latest technical analysis
10 day averaged volume of Rose Merc is 3041
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 134.90 | 139.00 | 139.00 | 131.40 | 0.395 times |
| 09 Tue Apr 2024 | 132.40 | 135.55 | 139.40 | 131.00 | 0.724 times |
| 08 Mon Apr 2024 | 135.50 | 136.25 | 140.00 | 135.50 | 0.212 times |
| 05 Fri Apr 2024 | 136.75 | 143.00 | 143.00 | 133.00 | 0.343 times |
| 04 Thu Apr 2024 | 139.00 | 133.00 | 139.00 | 129.00 | 0.803 times |
| 03 Wed Apr 2024 | 134.15 | 131.50 | 136.75 | 131.50 | 0.366 times |
| 02 Tue Apr 2024 | 130.90 | 140.40 | 140.40 | 130.00 | 0.424 times |
| 01 Mon Apr 2024 | 134.60 | 126.45 | 134.60 | 123.00 | 1.586 times |
| 28 Thu Mar 2024 | 129.00 | 126.00 | 130.00 | 122.20 | 2.344 times |
| 27 Wed Mar 2024 | 128.35 | 129.00 | 129.00 | 122.55 | 1.867 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 136.8 as stoploss in an intra day sell trade for a target of 132.84. However, stock will show a bullish move above 136.8.
Share price targets for Rose Merc (RoseMerc)
| Target Type | Value |
| Downside Target | 60.95 |
| Downside Target | 108.90 |
| Downside Target | 114.82 |
| Downside Target | 119.85 |
| Downside Target | 131.00 |
| Upside Target | 140.00 |
| Upside Target | 143.00 |
| Upside Target | 144.80 |
| Upside Target | 145.80 |
| 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 | 130.6 |
| Downside Intraday Target | 126.3 |
| Upside Intraday Target | 139.6 |
| Upside Intraday Target | 144.3 |
| Upside Intraday Target | 135.3 |
Weekly technical analysis of Rose Merc (RoseMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 134.90 | 136.25 | 140.00 | 131.00 | 0.378 times |
| 05 Fri Apr 2024 | 136.75 | 126.45 | 143.00 | 123.00 | 0.635 times |
| 28 Thu Mar 2024 | 129.00 | 131.90 | 131.90 | 122.20 | 0.575 times |
| 22 Fri Mar 2024 | 131.90 | 139.00 | 145.80 | 124.75 | 0.702 times |
| 15 Fri Mar 2024 | 132.40 | 159.65 | 159.85 | 119.85 | 0.36 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 |
| 10 Wed Apr 2024 | 134.90 | 126.45 | 143.00 | 123.00 | 0.066 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 |
| 31 Wed Jan 2024 | 193.90 | 120.30 | 193.90 | 108.90 | 0.751 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 Rose Merc (RoseMerc)
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 132 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 rising upwards.
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 is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rose Merc ( (RoseMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Rose Merc in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below 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 132 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 rising upwards.
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 is giving positive 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.
Click here for Rose Merc charts
Click here for further forecast and predictions for tomorrow