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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 2024-06-10 View latest technical analysis

10 day averaged volume of Mersana Therapeutics is 1789770

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	2.22	2.13	2.23	2.10	0.594 times
07 Fri Jun 2024	2.14	2.20	2.24	2.11	0.541 times
06 Thu Jun 2024	2.22	2.33	2.37	2.20	0.548 times
05 Wed Jun 2024	2.31	2.20	2.35	2.17	1.659 times
04 Tue Jun 2024	2.20	2.34	2.38	2.19	0.72 times
03 Mon Jun 2024	2.35	2.39	2.52	2.31	3.176 times
31 Fri May 2024	2.33	2.45	2.53	2.33	0.374 times
30 Thu May 2024	2.40	2.38	2.44	2.33	0.451 times
29 Wed May 2024	2.35	2.38	2.38	2.29	0.75 times
28 Tue May 2024	2.40	2.38	2.42	2.27	0.813 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.3, but if it comes above 2.3, then a intra day buy could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.46 as target.

Share price targets for Mersana Therapeutics (MRSN)

Target Type	Value
Downside Target	2.10
Upside Target	2.23
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	2.14
Downside Intraday Target	2.05
Upside Intraday Target	2.27
Upside Intraday Target	2.31
Downside Intraday Target	2.18

Weekly technical analysis of Mersana Therapeutics (MRSN)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	2.22	2.13	2.23	2.10	0.089 times
07 Fri Jun 2024	2.14	2.39	2.52	2.11	2.782 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

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
10 Mon Jun 2024	2.22	2.39	2.52	2.10	0.362 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 down 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 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 gaining 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 buy signal for Mersana Therapeutics in short term but BUY signal is weak.

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 2.31 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.