EBR:MITRA - Euronext Brussels - BE0974283153 - Common Stock - Currency: EUR
Overall MITRA gets a technical rating of 0 out of 10. MITRA'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.
MITRA 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 very little resistance above the current price.
0.21
When analyzing the resistance we notice 2 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 MITRA.BR is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MITRA.BR is down. |
ChartMill Relative Strength | 0.33 | NEGATIVE | MITRA.BR has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 31.89 | NEUTRAL | The RSI value for MITRA.BR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MITRA.BR has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 3.71 | OVERSOLD | The low Stochastics value suggests MITRA.BR may be oversold. |
Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for MITRA.BR suggests high volalility. |
Average Directional Index/ADX (14) | 45.14 | POSITIVE | The high ADX value value for MITRA.BR suggests a strong trend. |
EBR:MITRA (4/26/2024, 7:00:00 PM)
0.216
0 (-1.82%)