(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 2021-04-01 View latest technical analysis
10 day averaged volume of Meritor Inc is 539600
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Thu Apr 2021||29.14||29.65||29.99||28.99||0.764 times|
|31 Wed Mar 2021||29.42||29.82||30.30||29.26||1.254 times|
|30 Tue Mar 2021||29.80||29.25||29.94||29.17||0.984 times|
|29 Mon Mar 2021||29.28||29.85||30.60||29.22||0.884 times|
|26 Fri Mar 2021||29.93||29.07||29.94||28.89||0.707 times|
|25 Thu Mar 2021||28.66||27.46||28.76||27.09||0.774 times|
|24 Wed Mar 2021||27.87||28.61||29.09||27.84||0.821 times|
|23 Tue Mar 2021||28.17||29.52||29.77||28.05||1.128 times|
|22 Mon Mar 2021||29.98||31.23||31.31||29.88||0.708 times|
|19 Fri Mar 2021||31.39||31.79||31.86||31.07||2.04 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 as stoploss in an intra day buy trade for a target of 30.47. However, stock will show a bearish move below 29.
Share price targets for Meritor Inc (MTOR)
Intraday share price targets for Meritor Inc (MTOR)
|Downside Intraday Target||28.55|
|Downside Intraday Target||27.97|
|Upside Intraday Target||30.16|
|Upside Intraday Target||31.19|
|Upside Intraday Target||29.58|
Weekly technical analysis of Meritor Inc (MTOR)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Thu Apr 2021||29.14||29.85||30.60||28.99||0.939 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|
|01 Thu Apr 2021||29.14||29.65||29.99||28.99||0.029 times|
|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|
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||19, 26, 16||Sell|
Price action analysis of Meritor Inc ( (MTOR) ) 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 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 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 gaining 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 weakening, and bulls are picking up momentum!
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 SELL signal for Meritor Inc 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Meritor Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 29.57 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.