(M3B.DE) Technical Analysis
FRA:M3B • DE000A40ZWM7
Current stock price
M3B.DE Technical Rating and Analysis
Taking everything into account, M3B scores 2 out of 10 in our technical rating. In the last year, M3B was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than M3B.
- M3B is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 78% of 33 stocks in the same industry do better.
- Warning: M3B has an average volume of 10449 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month M3B has a been trading in the 0.64 - 0.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
M3B.DE Weekly and Daily overview Charts
M3B.DE Setup Rating and Analysis
M3B has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
M3B.DE Support and Resistance Analysis
0.77
When analyzing the resistance we notice 2 important areas.
- Resistance @0.85 from a horizontal line in the daily time frame.
- Resistance @0.87 from a horizontal line in the weekly time frame.
M3B.DE Technical Indicator Signal Analysis
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 M3B.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for M3B.DE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | M3B.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of M3B.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of M3B.DE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for M3B.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests M3B.DE has a positive trend. |
| Stochastics (14,3) | 64.56 | NEUTRAL | The Stochastics value for M3B.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for M3B.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.33 | POSITIVE | The high ADX value value for M3B.DE suggests a strong trend. |
M3B.DE Chart- and CandleStick Pattern Analysis
M3B.DE Technicals: Chart, Performance Metrics, Trend & Indicators
/ M3B.DE TA FAQ
Can you provide the ChartMill technical rating for ?
ChartMill assigns a technical rating of 2 / 10 to M3B.DE.
What is the trend direction for M3B stock?
The current trend direction for (M3B.DE) is Bullish.
What is the RSI signal for (M3B.DE) stock?
(M3B.DE) has an RSI value of 50.7422. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ?
The short term momentum for (M3B.DE) is neutral.