Marel hf (MAREL.AS) Technical Analysis
AMS:MAREL • IS0000000388
Current stock price
MAREL.AS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to MAREL. 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.
- 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 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 97% of 106 stocks in the same industry.
- MAREL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MAREL is leading 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.
MAREL.AS Weekly and Daily overview Charts
MAREL.AS Setup Rating and Analysis
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
MAREL.AS Support and Resistance Analysis
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.
MAREL.AS 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 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. |
MAREL.AS Chart- and CandleStick Pattern Analysis
MAREL.AS Example Setup
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.
MAREL.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:MAREL (1/3/2025, 7:00:00 PM)
4.55
+0.12 (+2.71%)
Marel hf / MAREL.AS TA FAQ
What is the technical rating for MAREL stock?
ChartMill assigns a technical rating of 10 / 10 to MAREL.AS.
What is the trend direction for MAREL stock?
The current trend direction for Marel hf (MAREL.AS) is Bullish.
What is the RSI signal for Marel hf (MAREL.AS) stock?
Marel hf (MAREL.AS) has an RSI value of 64.289. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Marel hf?
The MACD indicator for Marel hf (MAREL.AS) has a value of -0.00362054, indicating a bearish trend.
What is the short term momentum for MAREL stock?
The short term momentum for Marel hf (MAREL.AS) is positive.