Advertisement

Ads Placeholder
Loading...

Le Merite Exports Ltd.

LEMERITE.NS•NSE
Basic Materials
Manufacturing - Textiles
₹440.10
₹-0.20(-0.05%)
Indian Market opens in 44h 13m

Le Merite Exports Ltd. (LEMERITE.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Le Merite Exports Ltd. (NSE:LEMERITE.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

LEMERITE.NS Technical Analysis Summary

Le Merite Exports Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.52)
Trend Strength:Strong (ADX: 32.85)
Volatility:Medium (ATR: 19.14)
Support/Resistance:$433.78 – $457.37 (Bollinger Bands)

Technical conditions suggest Le Merite Exports Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.92

Bullish
Oversold zone signals rebound potential.

Williams %R: -84.30

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.07

Bullish
Steady upward momentum.

Takeaway:Le Merite Exports Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.35

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.85

Strong
Strong trend, momentum well established.

ATR (14): 19.14

Rising
Rising volatility, market activity increasing.

CCI (14): 156.51

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Le Merite Exports Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$457.37
Middle Band (SMA 20)
$445.57
Lower Band
$433.78
Current Position
Within Bands

Takeaway:Le Merite Exports Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$485.32
Middle Line (EMA 20)
$447.04
Lower Channel
$408.76
Squeeze Status
Squeeze On

Takeaway:Le Merite Exports Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-246.24K
Money Flow Index57.57Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.62Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:LEMERITE.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Le Merite Exports Ltd., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Le Merite Exports Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ