EBR:MELE • BE0165385973
Overall MELE gets a technical rating of 1 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.
49.35
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for MELE.BR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MELE.BR is down. |
| ChartMill Relative Strength | 30.3 | NEUTRAL | MELE.BR is not amongst the best or worst performers 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) | UP | MIXED | The current price of MELE.BR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MELE.BR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.79 | NEUTRAL | The RSI value for MELE.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests MELE.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.37 | NEUTRAL | The Stochastics value for MELE.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.51 | POSITIVE | The high ADX value value for MELE.BR suggests a strong trend. |
EBR:MELE (2/13/2026, 9:28:59 AM)
55.8
+0.15 (+0.27%)
ChartMill assigns a technical rating of 1 / 10 to MELE.BR.
The current trend direction for MELEXIS NV (MELE.BR) is Bearish.
MELEXIS NV (MELE.BR) has an RSI value of 39.789. This indicates that the stock is currently neutral.
The MACD indicator for MELEXIS NV (MELE.BR) has a value of -0.865678, indicating a bearish trend.
MELEXIS NV (MELE.BR) has a support level at 53.15 and a resistance level at 57.41. Check the full technical report for our detailed analysis of MELE.BR support and resistance levels.