Market Conditions for MERV as at May 20, 2019
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for MERVAL Index
MERVAL Index ProfileThe 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 0.53% higher at $33,492.48 on Monday.
Technical Analysis Summary for May 20, 2019
MERVAL shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish. Monday's trading range has been $799.70 (2.4%), that's below the last trading month's daily average range of $1094.82. Buying might accelerate should prices move above the close-by swing high at 34129.31 where further buy stops could get triggered.