Europe - FRA:M8G - SE0018538068 - Common Stock
Overall M8G gets a technical rating of 10 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, M8G is showing a nice and steady performance.
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.
2.53
When analyzing the support we can see 2 important areas.
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. |
FRA:M8G (5/7/2025, 7:00:00 PM)
3.772
+0.21 (+5.9%)