BLUE SHARK POWER SYSTEM SA (MLBSP.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:MLBSP - FR0013340973 - Common Stock
We assign a technical rating of 1 out of 10 to MLBSP. MLBSP 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MLBSP is a bad performer in the overall market: 97% of all stocks are doing better.
- MLBSP is one of the lesser performing stocks in the Electrical Equipment industry. 61% of 73 stocks in the same industry do better.
- MLBSP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: MLBSP has an average volume of 33 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month MLBSP has a been trading in the 2.54 - 3.30 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of MLBSP is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.80
We found 1 important support area.
- A support zone ranging from 2.83 to 2.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @3.31 from a horizontal line in the weekly time frame.
- Resistance @3.55 from a horizontal line in the daily time frame.
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 MLBSP.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLBSP.PA is down. |
| ChartMill Relative Strength | 3.86 | NEGATIVE | MLBSP.PA has a low relative strength, it was outperformed by 96.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLBSP.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLBSP.PA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLBSP.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.52 | NEUTRAL | The RSI value for MLBSP.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MLBSP.PA has a positive trend. |
| Stochastics (14,3) | 75.44 | NEUTRAL | The Stochastics value for MLBSP.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MLBSP.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.62 | POSITIVE | The high ADX value value for MLBSP.PA suggests a strong trend. |
EPA:MLBSP (1/23/2026, 7:00:00 PM)
3.2
-0.08 (-2.44%)
BLUE SHARK POWER SYSTEM SA / MLBSP.PA FAQ
Can you provide the ChartMill technical rating for BLUE SHARK POWER SYSTEM SA?
ChartMill assigns a technical rating of 1 / 10 to MLBSP.PA.
What is the trend direction for MLBSP stock?
The current trend direction for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) is Bearish.
What is the RSI signal for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) stock?
BLUE SHARK POWER SYSTEM SA (MLBSP.PA) has an RSI value of 49.5196. This indicates that the stock is currently neutral.
What is the MACD signal for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) stock?
The MACD indicator for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) has a value of 0.0852184, indicating a bearish trend.
What are the support and resistance levels for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) stock?
BLUE SHARK POWER SYSTEM SA (MLBSP.PA) has a support level at 2.83 and a resistance level at 3.31. Check the full technical report for our detailed analysis of MLBSP.PA support and resistance levels.