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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 2024-08-23 View latest technical analysis

10 day averaged volume of Merus N is 240874

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	53.59	53.50	54.63	53.18	1.193 times
22 Thu Aug 2024	53.35	53.70	54.09	53.00	0.711 times
21 Wed Aug 2024	53.56	53.99	54.57	53.25	1.089 times
20 Tue Aug 2024	53.71	53.68	54.00	53.01	0.886 times
19 Mon Aug 2024	52.33	51.88	52.90	51.81	0.318 times
16 Fri Aug 2024	51.66	51.67	52.40	51.15	0.933 times
15 Thu Aug 2024	51.58	51.25	52.19	50.61	1.137 times
14 Wed Aug 2024	50.56	51.34	51.73	50.08	1.086 times
13 Tue Aug 2024	51.10	51.05	52.30	50.91	1.079 times
12 Mon Aug 2024	51.75	50.74	51.77	50.47	1.466 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.5, but if it comes below 53.5, then a intra day sell could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 51.96 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 55.4 as target.

Share price targets for Merus N (MRUS)

Target Type	Value
Downside Target	39.27
Downside Target	42.60
Downside Target	46.42
Downside Target	47.50
Downside Target	48.93
Downside Target	50.08
Upside Target	54.63
Upside Target	56.39
Upside Target	56.62
Upside Target	59.11
Upside Target	59.38
Upside Target	61.28

Intraday share price targets for Merus N (MRUS)

Target Type	Value
Downside Intraday Target	52.06
Downside Intraday Target	50.52
Upside Intraday Target	54.88
Upside Intraday Target	56.16
Downside Intraday Target	53.34

Weekly technical analysis of Merus N (MRUS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	53.59	51.88	54.63	51.81	0.736 times
16 Fri Aug 2024	51.66	50.74	52.40	50.08	0.366 times
09 Fri Aug 2024	50.74	47.59	51.30	47.50	1.099 times
02 Fri Aug 2024	52.10	54.85	56.39	51.12	1.849 times
26 Fri Jul 2024	54.19	55.68	56.62	53.00	0.47 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
23 Fri Aug 2024	53.59	53.40	54.63	47.50	0.497 times
31 Wed Jul 2024	53.04	52.79	59.38	50.51	0.758 times
28 Fri Jun 2024	59.17	53.08	61.28	48.93	0.956 times
31 Fri May 2024	53.24	45.20	59.11	42.60	1.592 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 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 Merus N stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Merus N 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.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Merus N in short term and BUY signal is strong.

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 52.25 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 negative.

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