Merchants Trust (MRCH)

Sell: 638.00p

Buy: 639.00p

Change: -4.00p | -0.62%

Last updated 16:35 09/07/26. 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:

Bullish
Long term:

Strong 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 623.28 levels. The 623.28 - 596.206 range represents an area of ??greater neutrality, so the loss of 623.28 would prevent a bullish rating.

Long term comment

As a reaction to the 30.8% prior revaluation, there is a moderate downward reaction, starting in october 2025 at 550.009, and ending at the low of 516.816 (5-december-2025). The current rise has exceeded the previous highs, at 550.009, reaching at the moment 655.067 (20-june-2026) with no sign of weakness.

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
621.3470	632.1910	637.1370	647.9810	653.8790	664.7230

Alerts

Alerts
Priority	Date	Warning
Medium priority	09/07/26	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	09/07/26	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	09/07/26	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	09/07/26	The price is close to support. It is recommended to monitor whether buyers regain control as the level is reached.
Medium priority	07/07/26	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	07/07/26	Since the price is close to the moving average, it could strengthen to the upside, although quotes below it would signal a bearish reversal.
Medium priority	07/07/26	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	07/07/26	The price is close to a resistance level, so it is recommended to monitor behavior when reaching it.
Medium priority	06/07/26	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	06/07/26	Since the price is close to the moving average, it could strengthen to the upside, although quotes below it would signal a bearish reversal.
Medium priority	06/07/26	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.

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