BLUE SHARK POWER SYSTEM SA (MLBSP.PA) Technical Analysis
EPA:MLBSP • FR0013340973
Current stock price
MLBSP.PA Technical Rating and Analysis
Overall MLBSP gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MLBSP was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, MLBSP is a bad performer in the overall market: 95% of all stocks are doing better.
- MLBSP is one of the lesser performing stocks in the Electrical Equipment industry. 60% of 71 stocks in the same industry do better.
- MLBSP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLBSP is lagging the market.
- Warning: MLBSP has an average volume of 28 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MLBSP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MLBSP.PA Weekly and Daily overview Charts
MLBSP.PA Setup Rating and Analysis
MLBSP has a bad 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 3.30. Right above this resistance zone may be a good entry point.
More info and screens
MLBSP.PA Support and Resistance Analysis
2.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.17 to 3.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.83 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.30 to 3.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
MLBSP.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 MLBSP.PA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLBSP.PA is up. |
| ChartMill Relative Strength | 5.01 | NEGATIVE | MLBSP.PA has a low relative strength, it was outperformed by 94.99% 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 | MIXED | The current price of MLBSP.PA is above 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) | 53.28 | NEUTRAL | The RSI value for MLBSP.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MLBSP.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.89 | OVERBOUGHT | The high Stochastics value suggests MLBSP.PA may be overbought. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for MLBSP.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for MLBSP.PA suggests a weak or negative trend. |
MLBSP.PA Chart- and CandleStick Pattern Analysis
MLBSP.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:MLBSP (3/26/2026, 7:00:00 PM)
3.3
0 (0%)
BLUE SHARK POWER SYSTEM SA / MLBSP.PA TA FAQ
Can you provide the ChartMill technical rating for BLUE SHARK POWER SYSTEM SA?
ChartMill assigns a technical rating of 2 / 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.
Can you provide the RSI signal for BLUE SHARK POWER SYSTEM SA?
BLUE SHARK POWER SYSTEM SA (MLBSP.PA) has an RSI value of 53.2831. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BLUE SHARK POWER SYSTEM SA?
The buy/sell signal for BLUE SHARK POWER SYSTEM SA (MLBSP.PA) is hold as the short term and long term trends are mixed.
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 3.19 and a resistance level at 3.3. Check the full technical report for our detailed analysis of MLBSP.PA support and resistance levels.