Marel hf (MAREL.AS) Stock Technical Analysis
Europe - AMS:MAREL - IS0000000388 - Common Stock
Taking everything into account, MAREL scores 10 out of 10 in our technical rating. 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.
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. Another positive sign is the recent Pocket Pivot signal.
- 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 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. |
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 trade has a worst case loss of 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%)
Marel hf / MAREL.AS FAQ
What is the technical rating for MAREL stock?
ChartMill assigns a technical rating of 10 / 10 to MAREL.AS.
Can you provide the trend direction for Marel hf?
The current trend direction for Marel hf (MAREL.AS) is Bullish.
What is the RSI signal for MAREL stock?
Marel hf (MAREL.AS) has an RSI value of 64.289. This indicates that the stock is currently neutral.
What is the short term momentum for MAREL stock?
The short term momentum for Marel hf (MAREL.AS) is positive.
What are the support and resistance levels for Marel hf (MAREL.AS) stock?
Marel hf (MAREL.AS) has a support level at 4.24. Check the full technical report for our detailed analysis of MAREL.AS support and resistance levels.