Marel hf (MAREL.AS) Stock Technical Analysis
AMS:MAREL - Euronext Amsterdam - IS0000000388 - Common Stock - Currency: EUR
Overall MAREL 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, MAREL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MAREL is one of the better performing stocks in the market, outperforming 97% of all stocks.
MAREL is one of the better performing stocks in the Machinery industry, it outperforms 94% of 107 stocks in the same industry.
MAREL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MAREL has a been trading in the 4.10 - 4.68 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MAREL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.24, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.13
4.60
4 important support areas can be observed.
- A support zone ranging from 4.16 to 4.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.04 from a trend line in the daily time frame.
- Support @3.41 from a trend line in the weekly time frame.
- A support zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines 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 MAREL.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MAREL.AS is up. |
| ChartMill Relative Strength | 97.15 | POSITIVE | MAREL.AS has a high relative strength, it outperformed 97.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAREL.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MAREL.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAREL.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.29 | NEUTRAL | The RSI value for MAREL.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MAREL.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.26 | NEUTRAL | The Stochastics value for MAREL.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for MAREL.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for MAREL.AS suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.69 | 4.09 | 0.60 (12.79%) | 7.82% |
| An entry @4.69. This is a Buy Stop order right above the 10 day high. | An exit @4.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.60 points, which is 12.79%. | When investing 7.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMS:MAREL (1/3/2025, 7:00:00 PM)
4.55
+0.12 (+2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.71%
1 Week3.41%
2 Weeks5.32%
1 Month5.32%
3 Month31.12%
6 Month41.3%
12 Month46.3%
2 Year27.81%
3 Year-18.17%
5 Year6.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.48%
ATR Inc125.81%
Range Today0.32
ADR(20)0.15
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.15
Mansfield2.03
10 Day High4.68
10 Day Low4.1
20 Day High4.68
20 Day Low4.1
52 Week High4.68
52 Week Low2.98
CS1 End4.24
CR1 StartN/A
Volume & EV
DER(3)1.87%
DER(5)0.32%
Volume30.29K
Volume Incr-94.53%
Vol(5)39.82K
Vol(50)823.17K