Market Conditions for MERV as at Jul 17, 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 -0.81% 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.