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(MRUS) Merus N complete technical analysis [charts+indicators] | Buy/Sell Merus N | (MRUS) share price targets

Complete technical analysis of Merus N (MRUS) by charts plus indicators, forecast predictions and share price targets for Merus N (MRUS)

Merus N trades in USA in Health Care sector.

Showing technical analysis as on 2024-06-14 View latest technical analysis

10 day averaged volume of Merus N is 1369690

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	56.55	57.24	58.15	55.28	0.414 times
13 Thu Jun 2024	57.65	56.63	58.58	56.41	0.904 times
12 Wed Jun 2024	56.66	57.84	59.66	56.32	0.693 times
11 Tue Jun 2024	57.11	53.25	57.20	53.25	1.157 times
10 Mon Jun 2024	53.33	52.76	53.52	51.71	0.579 times
07 Fri Jun 2024	52.90	53.18	54.50	52.65	0.489 times
06 Thu Jun 2024	53.71	53.00	54.71	52.56	0.83 times
05 Wed Jun 2024	52.40	50.45	52.54	48.93	0.943 times
04 Tue Jun 2024	50.36	53.40	53.74	50.04	1.407 times
03 Mon Jun 2024	52.94	53.08	55.74	52.00	1.744 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.5, but if it comes below 56.5, then a intra day sell could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 51.34 as target. However if you take a buy trade in stock , then use 56.5 as stoploss and 62.7 as target.

Share price targets for Merus N (MRUS)

Target Type	Value
Downside Target	35.06
Downside Target	39.27
Downside Target	42.60
Downside Target	44.63
Downside Target	46.42
Downside Target	48.93
Downside Target	50.11
Downside Target	51.71
Downside Target	52.78
Downside Target	55.74
Upside Target	59.11
Upside Target	59.66

Intraday share price targets for Merus N (MRUS)

Target Type	Value
Downside Intraday Target	52.29
Downside Intraday Target	48.02
Upside Intraday Target	60.24
Upside Intraday Target	63.92
Downside Intraday Target	55.97

Weekly technical analysis of Merus N (MRUS)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	56.55	52.76	59.66	51.71	0.692 times
07 Fri Jun 2024	52.90	53.08	55.74	48.93	0.776 times
31 Fri May 2024	53.24	58.99	59.11	52.78	2.494 times
23 Thu May 2024	44.07	43.87	44.63	42.60	1.161 times
17 Fri May 2024	43.91	45.06	47.10	43.63	0.934 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 Merus N (MRUS)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	56.55	53.08	59.66	48.93	0.57 times
31 Fri May 2024	53.24	45.20	59.11	42.60	1.592 times
30 Tue Apr 2024	44.91	45.45	46.42	39.27	1.032 times
28 Thu Mar 2024	45.03	48.90	52.04	43.39	1.151 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 Merus N (MRUS)

Price action analysis of Merus N ( (MRUS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Merus N ( (MRUS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Merus N ( (MRUS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Merus N stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Merus N in short term and the buy signal is strong.

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

Merus N Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Merus N in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Merus N is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.02 and Merus N (MRUS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Merus N (MRUS) stock. Volume based technical analysis of Merus N (MRUS) stock is negative.

Merus N Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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