(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected MERCIALYS for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the MERCIALYS share makes it possible to identify a medium-term upward trend. In the short term, the stock is completing a healthy consolidation phase near its 50-day moving average (in orange), even as the Bollinger bands are tightening, suggesting increased volatility.
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on MERCIALYS stock in the short term.
Active investors will take a purchase position on the MERCIALYS stock at a price of €10,360 with a target of €11,970 in their sights. They will protect their capital by placing a stop at €9,770.
News Bulletin 247 advice
DAILY DATA CHART
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
