(MTOR) Meritor Inc complete technical analysis [charts+indicators] | Buy/Sell Meritor Inc | (MTOR) share price targets
Complete technical analysis of Meritor Inc (MTOR) by charts plus indicators, forecast predictions and share price targets for Meritor Inc (MTOR)
Meritor Inc trades in USA in Capital Goods sector.
Showing technical analysis as on 2021-03-31 View latest technical analysis
10 day averaged volume of Meritor Inc is 518860
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Wed Mar 2021||29.42||29.82||30.30||29.26||1.304 times|
|30 Tue Mar 2021||29.80||29.25||29.94||29.17||1.024 times|
|29 Mon Mar 2021||29.28||29.85||30.60||29.22||0.92 times|
|26 Fri Mar 2021||29.93||29.07||29.94||28.89||0.735 times|
|25 Thu Mar 2021||28.66||27.46||28.76||27.09||0.805 times|
|24 Wed Mar 2021||27.87||28.61||29.09||27.84||0.854 times|
|23 Tue Mar 2021||28.17||29.52||29.77||28.05||1.173 times|
|22 Mon Mar 2021||29.98||31.23||31.31||29.88||0.737 times|
|19 Fri Mar 2021||31.39||31.79||31.86||31.07||2.121 times|
|18 Thu Mar 2021||31.84||32.22||32.93||31.70||0.728 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 29.1 as stoploss in an intra day buy trade for a target of 30.54. However, stock will show a bearish move below 29.1.
Share price targets for Meritor Inc (MTOR)
Intraday share price targets for Meritor Inc (MTOR)
|Downside Intraday Target||28.86|
|Downside Intraday Target||28.3|
|Upside Intraday Target||30.29|
|Upside Intraday Target||31.16|
|Upside Intraday Target||29.73|
Weekly technical analysis of Meritor Inc (MTOR)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Wed Mar 2021||29.42||29.85||30.60||29.17||0.754 times|
|26 Fri Mar 2021||29.93||31.23||31.31||27.09||0.794 times|
|19 Fri Mar 2021||31.39||32.52||32.93||31.07||0.852 times|
|12 Fri Mar 2021||32.60||30.53||32.69||30.04||1.075 times|
|05 Fri Mar 2021||30.19||31.11||31.91||28.65||2.633 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 Meritor Inc (MTOR)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|31 Wed Mar 2021||29.42||31.14||32.93||27.09||1.279 times|
|26 Fri Feb 2021||30.37||26.13||33.56||25.84||1.107 times|
|29 Fri Jan 2021||25.81||28.19||29.53||25.47||0.849 times|
|31 Thu Dec 2020||27.91||26.94||29.09||26.08||0.956 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 Meritor Inc (MTOR)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||21, 26, 12||Sell|
Price action analysis of Meritor Inc ( (MTOR) ) 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 Meritor Inc ( (MTOR) ) 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 Meritor Inc ( (MTOR) ) 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 Meritor Inc ( (MTOR) ) based on a mid to longer term time period is
ADX buy sell signal for Meritor Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Meritor Inc in short term and the sell signal is strong.
Meritor Inc 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Meritor Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Meritor Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.76 and Meritor Inc (MTOR) 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 Meritor Inc (MTOR) stock. Volume based technical analysis of Meritor Inc (MTOR) stock is negative.
Meritor Inc 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.