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Merit Group (GB:MRIT)
LSE:MRIT

Merit Group (MRIT) Technical Analysis

1 Followers

Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Buy
11Bullish
1Neutral
0Bearish
Merit Group’s (MRIT) Moving Averages Convergence Divergence (MACD) indicator is 1.91, suggesting Merit Group is a Buy.
Merit Group’s (MRIT) 20-Day exponential moving average is 84.64, while Merit Group’s (MRIT) share price is 86p, making it a Buy.
Merit Group’s (MRIT) 50-Day exponential moving average is 79.08, while Merit Group’s (MRIT) share price is 86p, making it a Buy.

Merit Group (MRIT) Pivot Points

Jul 19, 2024, 11:28 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
85.90
85.80
85.90
85.80
85.90
85.80
85.90
Fibonacci
85.80
85.80
85.80
85.80
85.80
85.80
85.80
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

Jul 19, 2024, 11:28 AM
Period
Simple
Exponential
MA5
86.00Neutral
85.95Buy
MA10
85.85Buy
85.68Buy
MA20
85.03Buy
84.64Buy
MA50
79.13Buy
79.08Buy
MA100
68.13Buy
72.70Buy
MA200
66.00Buy
66.28Buy
Merit Group’s (MRIT) 10-Day exponential moving average is 85.68, while Merit Group’s (MRIT) share price is 86p, making it a Buy.
Merit Group’s (MRIT) 100-Day exponential moving average is 72.70, while Merit Group’s (MRIT) share price is 86p, making it a Buy.
Merit Group’s (MRIT) stock price is 86p and Merit Group’s (MRIT) 50-day simple moving average is 79.13, creating a Buy signal.
Merit Group’s (MRIT) stock price is 86p and Merit Group’s (MRIT) 100-day simple moving average is 68.13, creating a Buy signal.
Merit Group’s (MRIT) stock price is 86p and Merit Group’s (MRIT) 200-day simple moving average is 66.00, creating a Buy signal.

Merit Group (MRIT) Technical Indicators

Jul 19, 2024, 11:28 AM
Name
Value
Implied Action
RSI (14)
79.88
Sell
STOCH (9,6)
66.67
Neutral
STOCHRSI (14)
73.16
Neutral
MACD (12,26)
1.91
Buy
ADX (14)
35.81
Neutral
Williams %R
-28.57
Buy
CCI (14)
138.39
Sell
ATR (14)
1.27
-
Ultimate Oscillator
44.20
Neutral
ROC
2.38
Buy
Merit Group’s (MRIT) Relative Strength Index (RSI) is 79.88, creating a Sell signal.
Merit Group’s (MRIT) Trend Strength Indicator (ADX) is 35.81, creating a Neutral signal.
Merit Group’s (MRIT) Commodity Channel Index (CCI) is 138.39, creating a Sell signal.
Merit Group’s (MRIT) Price Rate of Change (ROC) is 2.38, creating a Buy signal.

FAQ

Is MRIT a Buy, Hold, or Sell?
Based on MRIT’s technical indicators, MRIT is a Strong Buy.
    What is MRIT’s RSI (14)?
    MRIT’s RSI (14) is 79.88, which suggests MRIT is a Sell.
      What is MRIT’s MACD?
      MRIT’s MACD is 1.91, which suggests MRIT is a Buy.
        What is MRIT’s 5-day moving average?
        MRIT’s 5-day moving average is 86.00, which suggests MRIT is a Neutral.
          What is MRIT’s 20-day moving average?
          MRIT 20-day moving average is 85.03, which suggests MRIT is a Buy.
            What is MRIT’s 50-day moving average?
            MRIT’s 50-day moving average is 79.13, which suggests MRIT is a Buy.
              What is MRIT’s 200-day moving average?
              MRIT’s 200-day moving average is 66.00, which suggests MRIT is a Buy.
                What is MRIT’s Williams % R (14)?
                MRIT’s Williams % R (14) is -28.57, which suggests MRIT is a Buy.
                  What is MRIT’s CCI (14)?
                  MRIT’s CCI (14) is 138.39, which suggests MRIT is a Sell.
                    What is the share price of Merit Group?
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