Metabolic Explorer (METEX.PA) Technical Analysis
EPA:METEX • FR0004177046
Current stock price
METEX.PA Technical Rating and Analysis
Taking everything into account, METEX scores 0 out of 10 in our technical rating. METEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, METEX is a bad performer in the overall market: 100% of all stocks are doing better.
- METEX is one of the lesser performing stocks in the Chemicals industry. 85% of 70 stocks in the same industry do better.
- METEX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so METEX is lagging the market.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- In the last month METEX has a been trading in the 0.05 - 0.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
METEX.PA Weekly and Daily overview Charts
METEX.PA Setup Rating and Analysis
The technical rating of METEX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
METEX.PA Support and Resistance Analysis
0.12
We found 1 important support area.
- Support @0.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.20 from a trend line in the weekly time frame.
METEX.PA 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 | DOWN | NEGATIVE | The long term trend for METEX.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for METEX.PA is down. |
| ChartMill Relative Strength | 0.35 | NEGATIVE | METEX.PA has a low relative strength, it was outperformed by 99.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of METEX.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of METEX.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of METEX.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.11 | OVERSOLD | The low RSI value suggests METEX.PA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests METEX.PA has a negative trend. |
| Stochastics (14,3) | 56.72 | NEUTRAL | The Stochastics value for METEX.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.98 | HIGH VOLATILITY | The high ATR as a percentage value for METEX.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.08 | POSITIVE | The high ADX value value for METEX.PA suggests a strong trend. |
METEX.PA Chart- and CandleStick Pattern Analysis
METEX.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:METEX (5/6/2024, 7:00:00 PM)
0.1214
+0 (+1.17%)
Metabolic Explorer / METEX.PA TA FAQ
What is the ChartMill technical rating of Metabolic Explorer (METEX.PA) stock?
ChartMill assigns a technical rating of 0 / 10 to METEX.PA.
What is the trend direction for METEX stock?
The current trend direction for Metabolic Explorer (METEX.PA) is Bearish.
What is the RSI signal for Metabolic Explorer (METEX.PA) stock?
Metabolic Explorer (METEX.PA) has an RSI value of 28.1109. This indicates that the stock is currently oversold.
What is the buy/sell signal for Metabolic Explorer (METEX.PA) stock?
The buy/sell signal for Metabolic Explorer (METEX.PA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for Metabolic Explorer?
Metabolic Explorer (METEX.PA) has a support level at 0.12 and a resistance level at 0.16. Check the full technical report for our detailed analysis of METEX.PA support and resistance levels.