EPA:ML - Euronext Paris - Matif - FR001400AJ45 - Common Stock - Currency: EUR
Overall ML gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ML is a bad performer.
ML has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.80, a Stop Loss order could be placed below this zone.
29.05
We found 2 important support areas.
2 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 | UP | POSITIVE | The long term trend for ML.PA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ML.PA is up. |
ChartMill Relative Strength | 24.75 | NEGATIVE | ML.PA has a low relative strength, it was outperformed by 75.25% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ML.PA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ML.PA is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ML.PA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.61 | NEUTRAL | The RSI value for ML.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ML.PA has a negative trend. |
Stochastics (14,3) | 42.21 | NEUTRAL | The Stochastics value for ML.PA is a neutral value. |
Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for ML.PA suggests low volalility. |
Average Directional Index/ADX (14) | 27.91 | POSITIVE | The high ADX value value for ML.PA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
34.04 | 32.94 | 1.10 (3.23%) | 25.00% |
An entry @34.04. This is a Buy Stop order right above the 10 day moving average. | An exit @32.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.10 points, which is 3.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
EPA:ML (5/29/2025, 5:29:53 PM)
34.02
+0.14 (+0.41%)