EBR:MELE - Euronext Brussels - BE0165385973 - Common Stock - Currency: EUR
Taking everything into account, MELE scores 0 out of 10 in our technical rating. MELE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MELE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
53.40
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
EBR:MELE (3/28/2025, 1:07:05 PM)
54.05
+0.1 (+0.19%)