BIT:1MRK - Euronext Milan - DE0006599905 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to 1MRK. 1MRK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 1MRK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
117.02
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MRK.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1MRK.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | 1MRK.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1MRK.MI is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 33.12 | NEUTRAL | The RSI value for 1MRK.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.79 | NEGATIVE | The MACD value suggests 1MRK.MI has a negative trend. |
Stochastics (14,3) | 3.48 | OVERSOLD | The low Stochastics value suggests 1MRK.MI may be oversold. |
Average True Range in percent/ATR (20) | 10.18 | HIGH VOLATILITY | The high ATR as a percentage value for 1MRK.MI suggests high volalility. |
Average Directional Index/ADX (14) | 15.54 | NEGATIVE | The low ADX value for 1MRK.MI suggests a weak or negative trend. |
BIT:1MRK (4/22/2025, 7:00:00 PM)
118.2
+0.2 (+0.17%)