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Le Merite Exports Ltd.

LEMERITE.NS•NSE
NaN
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₹456.30
₹0.00(0.00%)
Indian Market opens in 11h 34m

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: 42.96)
Trend Strength:Weak (ADX: 16.63)
Volatility:Medium (ATR: 16.12)
Support/Resistance:$443.25 – $472.55 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.57

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.03

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.50

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -4.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.63

Weak
Weak trend, market trading sideways.

ATR (14): 16.12

Rising
Rising volatility, market activity increasing.

CCI (14): -56.29

Bearish
Bearish, momentum remains under pressure.

Takeaway:Le Merite Exports Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$472.55
Middle Band (SMA 20)
$457.90
Lower Band
$443.25
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$489.56
Middle Line (EMA 20)
$457.31
Lower Channel
$425.06
Squeeze Status
Squeeze On

Takeaway:Le Merite Exports Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-255.29K
Money Flow Index39.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.61Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:LEMERITE.NS shows bearish money flow, with sellers dominating volume and vigor.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Le Merite Exports Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ