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Merit Group (GB:MRIT)
LSE:MRIT

Merit Group (MRIT) Technical Analysis

1 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
4Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
11Bullish
1Neutral
0Bearish
Merit Group’s (MRIT) Moving Averages Convergence Divergence (MACD) indicator is 4.04, suggesting Merit Group is a Sell.
Merit Group’s (MRIT) 20-Day exponential moving average is 63.94, while Merit Group’s (MRIT) share price is 70p, making it a Buy.
Merit Group’s (MRIT) 50-Day exponential moving average is 60.81, while Merit Group’s (MRIT) share price is 70p, making it a Buy.

Merit Group (MRIT) Pivot Points

May 21, 2024, 06:06 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
69.70
69.40
69.70
69.40
69.70
69.40
69.70
Fibonacci
69.40
69.40
69.40
69.40
69.40
69.40
69.40
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Merit Group (MRIT) Moving Averages

May 21, 2024, 06:06 PM
Period
Simple
Exponential
MA5
70.00Neutral
69.41Buy
MA10
67.50Buy
67.46Buy
MA20
63.08Buy
63.94Buy
MA50
57.60Buy
60.81Buy
MA100
62.36Buy
60.33Buy
MA200
58.58Buy
56.08Buy
Merit Group’s (MRIT) 10-Day exponential moving average is 67.46, while Merit Group’s (MRIT) share price is 70p, making it a Buy.
Merit Group’s (MRIT) 100-Day exponential moving average is 60.33, while Merit Group’s (MRIT) share price is 70p, making it a Buy.
Merit Group’s (MRIT) stock price is 70p and Merit Group’s (MRIT) 50-day simple moving average is 57.59, creating a Buy signal.
Merit Group’s (MRIT) stock price is 70p and Merit Group’s (MRIT) 100-day simple moving average is 62.36, creating a Buy signal.
Merit Group’s (MRIT) stock price is 70p and Merit Group’s (MRIT) 200-day simple moving average is 58.58, creating a Buy signal.

Merit Group (MRIT) Technical Indicators

May 21, 2024, 06:06 PM
Name
Value
Implied Action
RSI (14)
87.29
Sell
STOCH (9,6)
82.38
Sell
STOCHRSI (14)
85.76
Sell
MACD (12,26)
4.04
Sell
ADX (14)
38.90
Neutral
Williams %R
-14.24
Sell
CCI (14)
87.02
Neutral
ATR (14)
2.51
-
Ultimate Oscillator
54.46
Neutral
ROC
14.75
Buy
Merit Group’s (MRIT) Relative Strength Index (RSI) is 87.29, creating a Sell signal.
Merit Group’s (MRIT) Trend Strength Indicator (ADX) is 38.90, creating a Neutral signal.
Merit Group’s (MRIT) Commodity Channel Index (CCI) is 87.02, creating a Neutral signal.
Merit Group’s (MRIT) Price Rate of Change (ROC) is 14.75, creating a Buy signal.

FAQ

Is MRIT a Buy, Hold, or Sell?
Based on MRIT’s technical indicators, MRIT is a Buy.
    What is MRIT’s RSI (14)?
    MRIT’s RSI (14) is 87.29, which suggests MRIT is a Sell.
      What is MRIT’s MACD?
      MRIT’s MACD is 4.04, which suggests MRIT is a Sell.
        What is MRIT’s 5-day moving average?
        MRIT’s 5-day moving average is 70.00, which suggests MRIT is a Neutral.
          What is MRIT’s 20-day moving average?
          MRIT 20-day moving average is 63.08, which suggests MRIT is a Buy.
            What is MRIT’s 50-day moving average?
            MRIT’s 50-day moving average is 57.59, which suggests MRIT is a Buy.
              What is MRIT’s 200-day moving average?
              MRIT’s 200-day moving average is 58.58, which suggests MRIT is a Buy.
                What is MRIT’s Williams % R (14)?
                MRIT’s Williams % R (14) is -14.24, which suggests MRIT is a Sell.
                  What is MRIT’s CCI (14)?
                  MRIT’s CCI (14) is 87.02, which suggests MRIT is a Neutral.
                    What is the share price of Merit Group?
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