MELEXIS NV (MELE.BR) Stock Technical Analysis
Europe - EBR:MELE - BE0165385973 - Common Stock
Overall MELE gets a technical rating of 0 out of 10. 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.
MELE has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
55.09
We can see 4 important resistance areas.
- A resistance zone ranging from 57.68 to 57.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 64.02 to 65.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.20 from a horizontal line in the daily time frame.
- Resistance @71.28 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for MELE.BR is down. |
| ChartMill Relative Strength | 14.04 | NEGATIVE | MELE.BR has a low relative strength, it was outperformed by 85.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MELE.BR is below a declining 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) | 28.97 | OVERSOLD | The low RSI value suggests MELE.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests MELE.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.46 | OVERSOLD | The low Stochastics value suggests MELE.BR may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for MELE.BR suggests a strong trend. |
EBR:MELE (11/14/2025, 7:00:00 PM)
55.65
-0.65 (-1.15%)
MELEXIS NV / MELE.BR FAQ
What is the ChartMill technical rating of MELEXIS NV (MELE.BR) stock?
ChartMill assigns a technical rating of 0 / 10 to MELE.BR.
What is the trend direction for MELE stock?
The current trend direction for MELEXIS NV (MELE.BR) is Bearish.
What is the RSI signal for MELEXIS NV (MELE.BR) stock?
MELEXIS NV (MELE.BR) has an RSI value of 28.9679. This indicates that the stock is currently oversold.
What is the short term momentum for MELEXIS NV (MELE.BR) stock?
The short term momentum for MELEXIS NV (MELE.BR) is negative.
What is the buy/sell signal for MELE stock?
The buy/sell signal for MELEXIS NV (MELE.BR) is sell as both the short term and long term trends are negative.