MELEXIS NV (MELE.BR) Technical Analysis
EBR:MELE • BE0165385973
Current stock price
MELE.BR Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to MELE. MELE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- MELE is part of the Semiconductors & Semiconductor Equipment industry. There are 61 other stocks in this industry, of which 73% are performing better than MELE.
- In the last month MELE has a been trading in the 48.60 - 55.20 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, MELE outperforms 48% of them, which is more or less in line with the market.
- MELE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MELE is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
MELE.BR Weekly and Daily overview Charts
MELE.BR Setup Rating and Analysis
Although the technical rating is bad, MELE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 54.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MELE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MELE.BR Support and Resistance Analysis
49.35
When analyzing the support we notice one important area.
- A support zone ranging from 49.85 to 50.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 54.06 to 55.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.09 to 62.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 64.85 to 65.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @67.01 from a trend line in the weekly time frame.
- Resistance @68.20 from a horizontal line in the daily time frame.
MELE.BR 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 | DOWN | NEGATIVE | The long term trend for MELE.BR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MELE.BR is neutral. |
| ChartMill Relative Strength | 48.79 | NEUTRAL | MELE.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MELE.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MELE.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MELE.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.2 | NEUTRAL | The RSI value for MELE.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests MELE.BR has a positive trend. |
| Stochastics (14,3) | 81.22 | OVERBOUGHT | The high Stochastics value suggests MELE.BR may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for MELE.BR suggests a weak or negative trend. |
MELE.BR Chart- and CandleStick Pattern Analysis
MELE.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:MELE (4/2/2026, 7:00:00 PM)
54.05
-0.8 (-1.46%)
MELEXIS NV / MELE.BR TA FAQ
What is the ChartMill technical rating of MELEXIS NV (MELE.BR) stock?
ChartMill assigns a technical rating of 2 / 10 to MELE.BR.
What is the current trend direction of MELEXIS NV (MELE.BR) stock?
The current trend direction for MELEXIS NV (MELE.BR) is Bearish.
Can you provide the RSI signal for MELEXIS NV?
MELEXIS NV (MELE.BR) has an RSI value of 51.2006. This indicates that the stock is currently neutral.
What are the support and resistance levels for MELEXIS NV (MELE.BR) stock?
MELEXIS NV (MELE.BR) has a support level at 50.44 and a resistance level at 54.06. Check the full technical report for our detailed analysis of MELE.BR support and resistance levels.