MERY Technical Analysis - MERCIALYS

Technical Rating and Analysis

Overall MERY gets a technical rating of 2 out of 10. MERY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

82% of all other stocks performed better in the past year than MERY.

MERY is one of the lesser performing stocks in the Diversified REITs industry. 66% of 40 stocks in the same industry do better.

MERY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

MERY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MERY is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

MERY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 10.93, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.83

11.99

When analyzing the support we can see 3 important areas.

A support zone ranging from 10.54 to 10.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 10.33 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 9.93 to 10.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

Resistance @11.49 from a trend line in the weekly time frame.
A resistance zone ranging from 11.70 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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 MERY.PA is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for MERY.PA is neutral.
ChartMill Relative Strength	18.66	NEGATIVE	MERY.PA has a low relative strength, it was outperformed by 81.34% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of MERY.PA is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of MERY.PA is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of MERY.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.44	NEUTRAL	The RSI value for MERY.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests MERY.PA has a positive trend.
Stochastics (14,3)	46	NEUTRAL	The Stochastics value for MERY.PA is a neutral value.
Average True Range in percent/ATR (20)	1.7	LOW VOLATILITY	The low ATR as a percentage value for MERY.PA suggests low volalility.
Average Directional Index/ADX (14)	15.81	NEGATIVE	The low ADX value for MERY.PA suggests a weak or negative trend.