MELEXIS NV (MELE.BR) Stock Technical Analysis
EBR:MELE - Euronext Brussels - BE0165385973 - Common Stock - Currency: EUR
Overall MELE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MELE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MELE is part of the Semiconductors & Semiconductor Equipment industry. There are 51 other stocks in this industry. MELE outperforms 78% of them.
MELE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MELE is lagging the market slightly.
In the last month MELE has a been trading in the 65.25 - 75.35 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MELE did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, MELE also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
69.80
76.10
We found 2 important support areas.
- A support zone ranging from 72.30 to 73.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.50 to 70.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 74.41 to 75.35. 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 MELE.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MELE.BR is up. |
| ChartMill Relative Strength | 87.59 | POSITIVE | MELE.BR has a high relative strength, it outperformed 87.59% off all stocks 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) | UP | POSITIVE | The current price of MELE.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MELE.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.07 | NEUTRAL | The RSI value for MELE.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MELE.BR has a negative trend. |
| Stochastics (14,3) | 88.78 | OVERBOUGHT | The high Stochastics value suggests MELE.BR may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 44.65 | POSITIVE | The high ADX value value for MELE.BR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 75.36 | 72.29 | 3.07 (4.07%) | 24.55% |
| An entry @75.36. This is a Buy Stop order right above the resistance zone. | An exit @72.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.07 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.55% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MELE. Please evaluate whether better entry and exit points can be found.
- 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.
EBR:MELE (7/11/2025, 7:00:00 PM)
74.4
-0.95 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.26%
1 Week2.9%
2 Weeks2.2%
1 Month12.9%
3 Month63.09%
6 Month26.64%
12 Month-13.69%
2 Year-24%
3 Year-10.95%
5 Year2.83%
10 Year53.12%
15 Year675%
Volatility
ATR(14)2.12
ATR(20)%2.52%
ATR Inc0%
Range Today1.3
ADR(20)1.55
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.59
Mansfield0.81
10 Day High75.35
10 Day Low69.1
20 Day High75.35
20 Day Low65.25
52 Week High85.8
52 Week Low42.34
CS1 End73.73
CR1 Start74.41
Volume & EV
DER(3)1.14%
DER(5)-1.05%
Volume36.56K
Volume Incr-27.2%
Vol(5)45.81K
Vol(50)68.56K