GRUPO MEDIA CAPITAL SGPS (MCP.LS) Stock Technical Analysis
ELI:MCP - Euronext Lisbon - PTGMC0AM0003 - Common Stock - Currency: EUR
Overall MCP gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, MCP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.75, a Stop Loss order could be placed below this zone.
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4 important support areas can be observed.
- A support zone ranging from 1.73 to 1.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.42 from a trend line in the daily time frame.
- Support @1.16 from a trend line in the weekly time frame.
- A support zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MCP.LS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCP.LS is neutral. |
| ChartMill Relative Strength | 95.56 | POSITIVE | MCP.LS has a high relative strength, it outperformed 95.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MCP.LS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCP.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCP.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for MCP.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MCP.LS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.53 | NEUTRAL | The Stochastics value for MCP.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.78 | HIGH VOLATILITY | The high ATR as a percentage value for MCP.LS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.31 | NEGATIVE | The low ADX value for MCP.LS suggests a weak or negative 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 |
|---|---|---|---|
| 2.02 | 1.72 | 0.30 (14.85%) | 6.73% |
| An entry @2.02. This is a Buy Stop order right above the resistance zone. | An exit @1.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.30 points, which is 14.85%. | For a 1.00% total portfolio risk, you can invest 6.73% of your capital in this trade. |
- 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.
ELI:MCP (5/26/2025, 7:00:00 PM)
2
+0.2 (+11.11%)