MERV

41,451.31 -336.95 (-0.81%) Watchlist
Daily technical analysis  candlestick chart for MERVAL Index (MERV) as at Jul 17, 2019
Weekly technical analysis candlestick chart for MERVAL Index (MERV) as at Jul 17, 2019
Monthly technical analysis candlestick chart for MERVAL Index (MERV) as at Jul 17, 2019

Market Conditions for MERV as at Jul 17, 2019

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TQ Sentiment

Technical Forecast:
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See the overall Technical Analysis forecast for today.
Last 30 Days:

Support & Resistance

R2 -
R1 43,292.62
Latest Close 41,451.31
S1 41,176.06
S2 35,647.67

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 41,209.43 R3 42,550.65
S2 40,967.55 R2 42,308.77
S3 40,538.82 R1 41,880.04

Multi Time Period Price Performance for MERVAL Index

Period Range Performance
1-Week
  • Today
     
    41,233.56
    43,292.62
-346.23 (-0.83%)
1-Month
  • Today
     
    39,579.22
    43,292.62
963.70 (2.38%)
1-Year
  • Today
     
    24,618.09
    43,292.62
15,187.66 (57.83%)
YTD
  • Today
     
    28,309.75
    43,292.62
11,158.73 (36.84%)

MERVAL Index Profile

The MERVAL Index (MERV), often abbreviated as the MERVAL is a stock market index trading in Argentina at the Buenos Aires Stock Exchange (BCBA). The price of the index is quoted in Argentine Peso (ARS) and it last closed -0.81% lower at $41,451.31 on Wednesday.
Technical Analysis Summary for July 17, 2019
Though MERVAL is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been $670.61 (1.6%), that's below the last trading month's daily average range of $842.44. Selling might accelerate should prices move below the nearby swing low at 41233.56 where further sell stops could get activated.

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