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Le Merite Exports Ltd.

LEMERITE.NS Technical Analysis Summary (NSE)

Analyze LEMERITE.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

LEMERITE.NS●NSE
IndustrialsManufacturing - Textiles
₹21.40
₹1.22(6.05%)
Indian Market opens in 16h 49m

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 (NSE)

Le Merite Exports Ltd. (NSE: LEMERITE.NS) stock currently shows a bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 27.07)
Trend Strength:Very Strong (ADX: 54.38)
Volatility:High (ATR: 1.73)
Support/Resistance:$19.58 – $24.07 (Bollinger Bands)

Technical conditions suggest Le Merite Exports Ltd. on the NSE is awaiting a decisive move. Overall, Le Merite Exports Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 27.07

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 17.60

Bullish
Oversold zone signals rebound potential.

Williams %R: -78.97

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.29

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -3.73

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 54.38

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.73

Low
Low volatility, stable price action.

CCI (14): -69.68

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.07
Middle Band (SMA 20)
$21.82
Lower Band
$19.58
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$26.42
Middle Line (EMA 20)
$22.97
Lower Channel
$19.52
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-35.48M
Money Flow Index48.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.54Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:LEMERITE.NS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Le Merite Exports Ltd. (NSE: LEMERITE.NS), 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

RVI below 50 → vigor tilted toward sellers.

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

(NSE: LEMERITE.NS) Technical Analysis FAQ