VERVE GROUP SE (M8G.DE) Stock Technical Analysis
FRA:M8G - SE0018538068 - Common Stock
3.772 EUR
+0.21 (+5.9%)
Taking everything into account, M8G scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, M8G has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that M8G is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by M8G over the past year are nicely spread over this period.
M8G is part of the Media industry. There are 62 other stocks in this industry. M8G outperforms 98% of them.
M8G 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 M8G is lagging the market slightly.
In the last month M8G has a been trading in the 2.43 - 3.80 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although M8G 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
2.53
3.81
2 important support areas can be observed.
- Support @2.75 from a trend line in the weekly time frame.
- Support @2.56 from a trend line in the daily time frame.
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 M8G.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for M8G.DE is up. |
| ChartMill Relative Strength | 98.43 | POSITIVE | M8G.DE has a high relative strength, it outperformed 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of M8G.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of M8G.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of M8G.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.67 | NEUTRAL | The RSI value for M8G.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests M8G.DE has a positive trend. |
| Stochastics (14,3) | 96.53 | OVERBOUGHT | The high Stochastics value suggests M8G.DE may be overbought. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for M8G.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for M8G.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:M8G (5/7/2025, 7:00:00 PM)
3.772
+0.21 (+5.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg5.9%
1 Week14.44%
2 Weeks18.69%
1 Month32.58%
3 Month7.16%
6 Month-1.51%
12 Month127.5%
2 Year236.19%
3 Year18.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.52%
ATR Inc-4.86%
Range Today0.24
ADR(20)0.18
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.43
Mansfield2.58
10 Day High3.8
10 Day Low3.13
20 Day High3.8
20 Day Low2.43
52 Week High4.13
52 Week Low1.53
CS1 End2.75
CR1 StartN/A
Volume & EV
DER(3)-12.15%
DER(5)-10.47%
Volume176.47K
Volume Incr-1.6%
Vol(5)111.52K
Vol(50)111.77K