MERV

38,602.48 -358.93 (-0.92%) Watchlist
Daily technical analysis  candlestick chart for MERVAL Index (MERV) as at Feb 21, 2020
Weekly technical analysis candlestick chart for MERVAL Index (MERV) as at Feb 21, 2020
Monthly technical analysis candlestick chart for MERVAL Index (MERV) as at Feb 21, 2020

Market Conditions for MERV as at Feb 21, 2020

Loading Market Conditions for MERV (MERVAL Index)...

TQ Sentiment

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

Support & Resistance

R2 42,258.23
R1 40,789.40
Latest Close 38,602.48
S1 37,925.30
S2 36,291.15

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 38,197.76 R3 40,227.50
S2 37,793.05 R2 39,822.79
S3 37,182.89 R1 39,212.63

Multi Time Period Price Performance for MERVAL Index

Period Range Performance
1-Week
  • Today
     
    37,976.85
    39,418.07
-66.98 (-0.17%)
1-Month
  • Today
     
    37,967.97
    42,694.72
-2,883.38 (-6.95%)
1-Year
  • Today
     
    22,484.40
    44,470.76
2,098.97 (5.75%)
YTD
  • Today
     
    37,967.97
    43,191.06
-3,068.93 (-7.36%)

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 -0.92% lower at $38,602.48 on Friday.
Technical Analysis Summary for Feb. 21, 2020
Though the stock index is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Friday's trading range has been $1014.87 (2.6%), that's slightly below the last trading month's daily average range of $1145.03. Selling might accelerate should prices move below the nearby swing low at 37976.85 where further sell stops could get triggered.

Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when MERVAL Index traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Movers