Europe - Euronext Brussels - 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.
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.
49.36
When analyzing the resistance we notice 3 important areas.
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 | 9.69 | NEGATIVE | MELE.BR has a low relative strength, it was outperformed by 90.31% 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) | 18.93 | OVERSOLD | The low RSI value suggests MELE.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests MELE.BR has a negative trend. |
| Stochastics (14,3) | 5.03 | OVERSOLD | The low Stochastics value suggests MELE.BR may be oversold. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 37.32 | POSITIVE | The high ADX value value for MELE.BR suggests a strong trend. |
EBR:MELE (11/25/2025, 5:29:55 PM)
49.86
0 (0%)
ChartMill assigns a technical rating of 0 / 10 to MELE.BR.
The current trend direction for MELEXIS NV (MELE.BR) is Bearish.
MELEXIS NV (MELE.BR) has an RSI value of 18.9302. This indicates that the stock is currently oversold.
The short term momentum for MELEXIS NV (MELE.BR) is negative.
The buy/sell signal for MELEXIS NV (MELE.BR) is sell as both the short term and long term trends are negative.