Merchants Trust (MRCH)

Sell: 662.00p

Buy: 665.00p

Change: 1.00p | 0.15%

Last updated 16:35 16/09/26. 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 Bearish

  • Medium term:

    Strong Bearish

  • Long term:

    Strong Bearish

Short term comment

The current price phase signals an environment neutral-bearish trading within a low-volatility range with a nearby ceiling at 666.513 and a base in the 648.488 area. A break of either boundary of this range would indicate the direction of the subsequent trend.

Long term comment

Although on the 1th of september marked highs at levels at 691.088, higher levels than the previous reference highs on the 24th of april at 646.485, the current downtrend has lost positions, retreating by -5.5% and falling again below both levels, with lows, at the moment, in quotas of 652.912.

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
645.9140 652.9100 655.9110 662.9070 666.9020 673.8980

Alerts

Alerts
Priority Date Warning
Medium priority 15/09/26 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 15/09/26 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 15/09/26 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.
High priority 15/09/26 The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.
Medium priority 15/09/26 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.
High priority 15/09/26 The price is close to a resistance level, so it is recommended to monitor behavior when reaching it.
Medium priority 14/09/26 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 14/09/26 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 14/09/26 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.
High priority 14/09/26 The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.
Medium priority 14/09/26 Fast stochastic gives moderate strength signals that may lead to possible short-term rebounds.

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