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(MRUS) Merus N complete technical analysis [charts+indicators] | Buy/Sell Merus N | (MRUS) share price targets

Complete technical analysis of Merus N (MRUS) by charts plus indicators, forecast predictions and share price targets for Merus N (MRUS)

Merus N trades in USA in Health Care sector.

Showing technical analysis as on 2024-02-28 View latest technical analysis

10 day averaged volume of Merus N is 516240

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	48.70	49.00	49.50	47.78	0.649 times
27 Tue Feb 2024	48.94	47.77	49.01	46.95	1.482 times
26 Mon Feb 2024	47.60	47.45	48.23	46.50	0.683 times
23 Fri Feb 2024	47.45	47.50	47.99	46.26	0.981 times
22 Thu Feb 2024	47.27	45.40	47.36	45.40	0.425 times
21 Wed Feb 2024	45.00	44.13	45.50	43.78	0.739 times
20 Tue Feb 2024	44.91	45.34	45.88	44.06	1.356 times
16 Fri Feb 2024	46.03	43.13	46.30	41.19	1.854 times
15 Thu Feb 2024	43.47	42.50	43.67	41.97	1.083 times
14 Wed Feb 2024	42.06	42.41	43.25	41.89	0.491 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.8, but if it comes below 46.8, then a intra day sell could be more profitable.
If you take a sell trade below 46.8, then use 46.8 as stoploss and 42.21 as target. However if you take a buy trade in stock , then use 46.8 as stoploss and 52.3 as target.

Share price targets for Merus N (MRUS)

Target Type	Value
Downside Target	19.81
Downside Target	22.27
Downside Target	23.56
Downside Target	25.56
Downside Target	27.11
Downside Target	29.02
Downside Target	33.83
Downside Target	35.06
Downside Target	36.97
Downside Target	40.35
Downside Target	41.50
Downside Target	43.78
Downside Target	46.30
Downside Target	47.99
Upside Target	49.50

Intraday share price targets for Merus N (MRUS)

Target Type	Value
Downside Intraday Target	46.97
Downside Intraday Target	45.23
Upside Intraday Target	49.97
Upside Intraday Target	51.23
Downside Intraday Target	48.23

Weekly technical analysis of Merus N (MRUS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	48.70	47.45	49.50	46.50	0.804 times
23 Fri Feb 2024	47.45	45.34	47.99	43.78	0.58 times
16 Fri Feb 2024	46.03	41.00	46.30	40.35	0.823 times
09 Fri Feb 2024	41.00	35.16	41.50	35.06	2.101 times
02 Fri Feb 2024	35.46	34.07	36.97	33.83	0.842 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 Merus N (MRUS)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	48.70	36.35	49.50	35.06	0.969 times
31 Wed Jan 2024	35.68	27.11	36.97	27.11	1.012 times
29 Fri Dec 2023	27.50	24.58	29.02	22.27	1.965 times
30 Thu Nov 2023	24.74	20.07	25.56	20.00	0.636 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 Merus N (MRUS)

Price action analysis of Merus N ( (MRUS) ) 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 Merus N ( (MRUS) ) based on a short to mid 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 Merus N ( (MRUS) ) based on a mid to longer 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.

ADX buy sell signal for Merus N stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Merus N in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Merus N Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Merus N in short term and BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Merus N is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.24 and Merus N (MRUS) 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 Merus N (MRUS) stock. Volume based technical analysis of Merus N (MRUS) stock is negative.

Merus N Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.