(M3BK.DE) Technical Analysis
FRA:M3BK • DE000A254W52
Current stock price
M3BK.DE Technical Rating and Analysis
Overall M3BK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, M3BK is showing a nice and steady performance.
- Warning: M3BK has an average volume of 13672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- M3BK is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 90% of 34 stocks in the same industry.
- M3BK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so M3BK is lagging the market slightly.
- Looking at the yearly performance, M3BK did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month M3BK has a been trading in the 0.90 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
M3BK.DE Weekly and Daily overview Charts
M3BK.DE Setup Rating and Analysis
Although M3BK has an excellent technical rating, it does not offer a high 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.
More info and screens
M3BK.DE Support and Resistance Analysis
0.83
4 important support areas can be observed.
- Support @0.92 from a trend line in the weekly time frame.
- Support @0.89 from a trend line in the daily time frame.
- Support @0.86 from a trend line in the daily time frame.
- Support @0.84 from a horizontal line in the daily time frame.
M3BK.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 M3BK.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for M3BK.DE is up. |
| ChartMill Relative Strength | 88.37 | POSITIVE | M3BK.DE has a high relative strength, it outperformed 88.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of M3BK.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of M3BK.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of M3BK.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.11 | NEUTRAL | The RSI value for M3BK.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests M3BK.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.03 | NEUTRAL | The Stochastics value for M3BK.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for M3BK.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 36.34 | POSITIVE | The high ADX value value for M3BK.DE suggests a strong trend. |
M3BK.DE Chart- and CandleStick Pattern Analysis
M3BK.DE Technicals: Chart, Performance Metrics, Trend & Indicators
/ M3BK.DE TA FAQ
What is the technical rating for M3BK stock?
ChartMill assigns a technical rating of 9 / 10 to M3BK.DE.
What is the current trend direction of (M3BK.DE) stock?
The current trend direction for (M3BK.DE) is Bullish.
What is the RSI signal for M3BK stock?
(M3BK.DE) has an RSI value of 59.1068. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ?
The MACD indicator for (M3BK.DE) has a value of 0.00365377, indicating a bearish trend.
What is the short term momentum for M3BK stock?
The short term momentum for (M3BK.DE) is positive.