logo munafa.top

NEWS Gainers Losers
 Learn then Earn

(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.

10 day averaged volume of Meritor Inc is 442620

Date Daily Closing Price Open High Low Volume
12 Mon Apr 2021 28.53 28.58 28.98 28.50 0.683 times
09 Fri Apr 2021 28.57 28.45 28.71 28.03 0.804 times
08 Thu Apr 2021 28.45 28.81 28.99 28.21 0.921 times
07 Wed Apr 2021 28.97 29.56 29.80 28.78 0.873 times
06 Tue Apr 2021 29.49 29.28 29.87 29.18 0.739 times
05 Mon Apr 2021 29.33 29.43 30.20 29.29 1.063 times
01 Thu Apr 2021 29.14 29.65 29.99 28.99 0.932 times
31 Wed Mar 2021 29.42 29.82 30.30 29.26 1.528 times
30 Tue Mar 2021 29.80 29.25 29.94 29.17 1.2 times
29 Mon Mar 2021 29.28 29.85 30.60 29.22 1.078 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 28.4 as stoploss in an intra day buy trade for a target of 29.75. However, stock will show a bearish move below 28.4.

Share price targets for Meritor Inc (MTOR)

Target Type Value
Downside Target 25.47
Downside Target 27.09
Downside Target 28.03
Upside Target 30.20
Upside Target 30.60
Upside Target 31.07
Upside Target 31.31
Upside Target 32.93
Upside Target 33.56

Intraday share price targets for Meritor Inc (MTOR)

Target Type Value
Downside Intraday Target 28.36
Downside Intraday Target 28.19
Upside Intraday Target 28.84
Upside Intraday Target 29.15
Upside Intraday Target 28.67

Weekly technical analysis of Meritor Inc (MTOR)

Date Weekly Closing Price Open High Low Volume
12 Mon Apr 2021 28.53 28.58 28.98 28.50 0.155 times
09 Fri Apr 2021 28.57 29.43 30.20 28.03 0.929 times
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

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
12 Mon Apr 2021 28.53 29.65 30.20 28.03 0.187 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

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 16, 27, 26 Sell
MACD -1, -1Sell
Stochastics 26Sell
CCI -90Buy
RSI 49Sell
OBV -2998000Sell
VWAP 29Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Meritor Inc ( (MTOR) ) based on a short 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 short 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 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 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 Meritor Inc stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term but selling is losing 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 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 29.16 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.

 Learn then Earn
Back to top | Use Dark Theme