Merchants Trust (MRCH)

Sell: 639.00p

Buy: 640.00p

Change: 7.00p | 1.11%

Last updated 16:35 24/06/26. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Neutral
Long term:

Bullish

Short term comment

The phase within the price curve is bullish but very close to the support and critical area that today generates the upward guideline in 610.02 levels. The 610.02 - 593.296 range represents an area of ??greater neutrality, so the loss of 610.02 would prevent a bullish rating.

Long term comment

The bearish correction that at on the 22th of april reached lows at 566.055 corrected the previous upward trend, of 26.5%, from levels at 516.833 to 653.999. Thus, after this correction, the price begins a new route to the rise and reaches new highs. Although there is no sign of weakness, it should be noted that the highs of 653.999, represent a resistive overbought environment.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
617.6960	624.8640	628.9780	636.1460	639.2000	646.3680

Alerts

Alerts
Priority	Date	Warning
Medium priority	24/06/26	Being near (below) the short-term moving average, the price may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	24/06/26	Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority	24/06/26	Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
High priority	24/06/26	The price is close to a resistance level, so it is recommended to monitor behavior when reaching it.
Medium priority	23/06/26	Being near (below) the short-term moving average, the price may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	23/06/26	Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority	23/06/26	Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
High priority	23/06/26	The price is close to a resistance level, so it is recommended to monitor behavior when reaching it.
Medium priority	22/06/26	Being near (below) the short-term moving average, the price may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
Medium priority	22/06/26	Being near (above) the short-term moving average, the price may react temporarily to the upside. However, a break below would turn the signal bearish.
Medium priority	22/06/26	Being near (below) the short-term moving average, the price may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.

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