INDICES Stock MERV Historical charts - Merval - Argentina

Historical charts for Stock MERV - Share Merval - Argentina trades in INDICES

Moving Averages for

  • 5Day Average: 1425917.4
  • 12Day Average: 1383612.33
  • 20Day Average: 1312741.1
  • 50Day Average: 1197966.9
  • 100Day Average: 1120610.35
  • 150Day Average: 977452.92

MERV Indicators & signals

Indicator MACD (12,26,9)

1380624.73, 1312134.92, 64161.82
Indicator MACD is in positive zone

Indicator ADX (14)

25.55, 34.56, 20.5
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MERV are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Tue May 2024 1409886.00 1365384.00 to 1416954.00 2.39% 0 times
13 Mon May 2024 1376939.00 1366131.00 to 1418958.00 -4.04% 0 times
09 Thu May 2024 1434922.00 1413000.00 to 1450499.00 -0.64% 0 times
08 Wed May 2024 1444216.00 1442694.00 to 1494252.00 -1.33% 0 times
07 Tue May 2024 1463624.00 1455876.00 to 1505718.00 -2.15% 0 times
06 Mon May 2024 1495827.00 1452002.00 to 1498166.00 3.02% 0 times
03 Fri May 2024 1452002.00 1369674.00 to 1453774.00 6.01% 0 times
02 Thu May 2024 1369674.00 1323586.00 to 1372559.00 3.48% 0 times
30 Tue Apr 2024 1323586.00 1308069.00 to 1360232.00 1.19% 0 times
29 Mon Apr 2024 1308069.00 1279459.00 to 1321919.00 2.24% 0 times
26 Fri Apr 2024 1279459.00 1245144.00 to 1283600.00 2.76% 0 times
25 Thu Apr 2024 1245144.00 1201168.00 to 1246725.00 3.53% 0 times

Technical analysis forecast of MERV Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MERV MERV at this time. Stock is rising and might rise more.

It appears as if MERV MERV gave a large move recently.

Stock of MERV (MERV) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of MERV is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1445745.6 as stoploss in an intra day sell trade for a target of 1338735.09. However, stock will show a bullish move above 1445745.6.

Tomorrow's movement Prediction of MERV appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of MERV is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Tomorrow's movement Prediction of MERV is strongly bullish. It has broken a strong resistance of 1209592 and is expected to move up further.

Munafa value: 85

 Munafa value: 85

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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