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(MRSN) Mersana Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Mersana Therapeutics | (MRSN) share price targets

Complete technical analysis of Mersana Therapeutics (MRSN) by charts plus indicators, forecast predictions and share price targets for Mersana Therapeutics (MRSN)

Mersana Therapeutics trades in USA in Health Care sector.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Mersana Therapeutics is 1286933

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2.35	2.39	2.52	2.31	4.418 times
31 Fri May 2024	2.33	2.45	2.53	2.33	0.521 times
30 Thu May 2024	2.40	2.38	2.44	2.33	0.627 times
29 Wed May 2024	2.35	2.38	2.38	2.29	1.043 times
28 Tue May 2024	2.40	2.38	2.42	2.27	1.13 times
23 Thu May 2024	2.47	2.57	2.58	2.37	1.346 times
22 Wed May 2024	2.57	2.63	2.71	2.55	0.528 times
21 Tue May 2024	2.62	2.76	2.79	2.51	1.217 times
20 Mon May 2024	2.77	2.71	2.78	2.67	0.652 times
17 Fri May 2024	2.73	2.60	2.78	2.49	1.946 times

Stock of Mersana Therapeutics (MRSN) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.72. However, stock will show a bearish move below 2.3.

Share price targets for Mersana Therapeutics (MRSN)

Target Type	Value
Downside Target	2.27
Upside Target	2.37
Upside Target	2.45
Upside Target	2.52
Upside Target	2.75
Upside Target	2.88
Upside Target	3.15
Upside Target	3.63
Upside Target	4.22
Upside Target	4.64
Upside Target	6.13
Upside Target	6.28

Intraday share price targets for Mersana Therapeutics (MRSN)

Target Type	Value
Downside Intraday Target	2.27
Downside Intraday Target	2.18
Upside Intraday Target	2.48
Upside Intraday Target	2.6
Upside Intraday Target	2.39

Weekly technical analysis of Mersana Therapeutics (MRSN)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2.35	2.39	2.52	2.31	1.33 times
31 Fri May 2024	2.33	2.38	2.53	2.27	0.887 times
23 Thu May 2024	2.47	2.71	2.79	2.37	0.363 times
17 Fri May 2024	2.73	2.76	2.88	2.45	1.501 times
10 Fri May 2024	2.71	3.52	3.63	2.46	1.206 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mersana Therapeutics (MRSN)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	2.35	2.39	2.52	2.31	0.159 times
31 Fri May 2024	2.33	3.17	3.63	2.27	0.982 times
30 Tue Apr 2024	3.17	4.44	4.64	2.75	0.692 times
28 Thu Mar 2024	4.48	5.51	6.28	4.22	1.069 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mersana Therapeutics (MRSN)

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mersana Therapeutics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mersana Therapeutics in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mersana Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mersana Therapeutics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mersana Therapeutics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.48 and Mersana Therapeutics (MRSN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mersana Therapeutics (MRSN) stock. Volume based technical analysis of Mersana Therapeutics (MRSN) stock is negative.

Mersana Therapeutics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.