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Merit Group Plc (GB:MRIT)
:MRIT
UK Market
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Merit Group (MRIT) Technical Analysis

1 Followers

Technical Sentiment

Overall Consensus
Strong Sell
3Bullish
2Neutral
17Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Merit Group Plc’s (MRIT) Moving Averages Convergence Divergence (MACD) indicator is -0.91, suggesting Merit Group Plc is a Sell.
Merit Group Plc’s (MRIT) 20-Day exponential moving average is 32.19, while Merit Group Plc’s (MRIT) share price is 30.5p, making it a Sell.
Merit Group Plc’s (MRIT) 50-Day exponential moving average is 36.52, while Merit Group Plc’s (MRIT) share price is 30.5p, making it a Sell.

Merit Group (MRIT) Pivot Points

Jan 13, 2025, 02:07 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
31.40
31.60
31.80
32.00
32.20
32.40
32.60
Fibonacci
31.60
31.75
31.85
32.00
32.15
32.25
32.40
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

Jan 13, 2025, 02:07 PM
Period
Simple
Exponential
MA5
31.70Sell
31.50Sell
MA10
31.85Sell
31.74Sell
MA20
31.93Sell
32.19Sell
MA50
33.91Sell
36.52Sell
MA100
48.18Sell
44.95Sell
MA200
59.57Sell
53.92Sell
Merit Group Plc’s (MRIT) 10-Day exponential moving average is 31.74, while Merit Group Plc’s (MRIT) share price is 30.5p, making it a Sell.
Merit Group Plc’s (MRIT) 100-Day exponential moving average is 44.95, while Merit Group Plc’s (MRIT) share price is 30.5p, making it a Sell.
Merit Group Plc’s (MRIT) stock price is 30.5p and Merit Group Plc’s (MRIT) 50-day simple moving average is 33.91, creating a Sell signal.
Merit Group Plc’s (MRIT) stock price is 30.5p and Merit Group Plc’s (MRIT) 100-day simple moving average is 48.18, creating a Sell signal.
Merit Group Plc’s (MRIT) stock price is 30.5p and Merit Group Plc’s (MRIT) 200-day simple moving average is 59.57, creating a Sell signal.

Merit Group (MRIT) Technical Indicators

Jan 13, 2025, 02:07 PM
Name
Value
Implied Action
RSI (14)
1.68
Buy
STOCH (9,6)
80.45
Sell
STOCHRSI (14)
80.45
Sell
MACD (12,26)
-0.91
Sell
ADX (14)
28.16
Neutral
Williams %R
-40.48
Buy
CCI (14)
-386.55
Buy
ATR (14)
0.93
-
Ultimate Oscillator
62.31
Neutral
ROC
-4.69
Sell
Merit Group Plc’s (MRIT) Relative Strength Index (RSI) is 1.68, creating a Buy signal.
Merit Group Plc’s (MRIT) Trend Strength Indicator (ADX) is 28.16, creating a Neutral signal.
Merit Group Plc’s (MRIT) Commodity Channel Index (CCI) is -386.55, creating a Buy signal.
Merit Group Plc’s (MRIT) Price Rate of Change (ROC) is -4.69, creating a Sell signal.

FAQ

Is MRIT a Buy, Hold, or Sell?
Based on MRIT’s technical indicators, MRIT is a Strong Sell.
    What is MRIT’s RSI (14)?
    MRIT’s RSI (14) is 1.68, which suggests MRIT is a Buy.
      What is MRIT’s MACD?
      MRIT’s MACD is -0.91, which suggests MRIT is a Sell.
        What is MRIT’s 5-day moving average?
        MRIT’s 5-day moving average is 31.70, which suggests MRIT is a Sell.
          What is MRIT’s 20-day moving average?
          MRIT 20-day moving average is 31.93, which suggests MRIT is a Sell.
            What is MRIT’s 50-day moving average?
            MRIT’s 50-day moving average is 33.91, which suggests MRIT is a Sell.
              What is MRIT’s 200-day moving average?
              MRIT’s 200-day moving average is 59.57, which suggests MRIT is a Sell.
                What is MRIT’s Williams % R (14)?
                MRIT’s Williams % R (14) is -40.48, which suggests MRIT is a Buy.
                  What is MRIT’s CCI (14)?
                  MRIT’s CCI (14) is -386.55, which suggests MRIT is a Buy.
                    What is the share price of Merit Group Plc?
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