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(MRSN) Mersana Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Mersana Therapeutics | (MRSN) share price targets

Complete technical analysis of Mersana Therapeutics (MRSN) by charts plus indicators, forecast predictions and share price targets for Mersana Therapeutics (MRSN)

Mersana Therapeutics trades in USA in Health Care sector.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Mersana Therapeutics is 1409073

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.33	2.45	2.53	2.33	0.475 times
30 Thu May 2024	2.40	2.38	2.44	2.33	0.573 times
29 Wed May 2024	2.35	2.38	2.38	2.29	0.953 times
28 Tue May 2024	2.40	2.38	2.42	2.27	1.032 times
23 Thu May 2024	2.47	2.57	2.58	2.37	1.229 times
22 Wed May 2024	2.57	2.63	2.71	2.55	0.482 times
21 Tue May 2024	2.62	2.76	2.79	2.51	1.112 times
20 Mon May 2024	2.77	2.71	2.78	2.67	0.595 times
17 Fri May 2024	2.73	2.60	2.78	2.49	1.777 times
16 Thu May 2024	2.58	2.57	2.63	2.46	0.904 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 1.9 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.77 as target.

Share price targets for Mersana Therapeutics (MRSN)

Target Type	Value
Downside Target	2.11
Downside Target	2.27
Upside Target	2.37
Upside Target	2.45
Upside Target	2.53
Upside Target	2.75
Upside Target	2.88
Upside Target	2.94
Upside Target	3.15
Upside Target	3.59
Upside Target	3.63
Upside Target	4.22
Upside Target	4.64
Upside Target	6.13
Upside Target	6.28

Intraday share price targets for Mersana Therapeutics (MRSN)

Target Type	Value
Downside Intraday Target	2.22
Downside Intraday Target	2.12
Upside Intraday Target	2.48
Upside Intraday Target	2.64
Upside Intraday Target	2.38

Weekly technical analysis of Mersana Therapeutics (MRSN)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.33	2.38	2.53	2.27	0.887 times
23 Thu May 2024	2.47	2.71	2.79	2.37	0.363 times
17 Fri May 2024	2.73	2.76	2.88	2.45	1.501 times
10 Fri May 2024	2.71	3.52	3.63	2.46	1.206 times
03 Fri May 2024	3.46	2.94	3.63	2.94	0.727 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mersana Therapeutics (MRSN)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.33	3.17	3.63	2.27	0.982 times
30 Tue Apr 2024	3.17	4.44	4.64	2.75	0.692 times
28 Thu Mar 2024	4.48	5.51	6.28	4.22	1.069 times
29 Thu Feb 2024	5.44	3.17	6.13	3.15	1.108 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mersana Therapeutics (MRSN)

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mersana Therapeutics ( (MRSN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mersana Therapeutics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mersana Therapeutics in short term

Mersana Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mersana Therapeutics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mersana Therapeutics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.54 and Mersana Therapeutics (MRSN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mersana Therapeutics (MRSN) stock. Volume based technical analysis of Mersana Therapeutics (MRSN) stock is negative.

Mersana Therapeutics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.