NASDAQ:MLEC - Nasdaq - LU2559000059 - Common Stock - Currency: USD
Taking everything into account, MLEC scores 2 out of 10 in our technical rating. MLEC'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.
Although the technical rating is bad, MLEC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for MLEC in the last couple of days, which is a good sign.
5.45
2 important support areas can be observed.
We can see 2 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for MLEC is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLEC is neutral. |
ChartMill Relative Strength | 13.39 | NEGATIVE | MLEC has a low relative strength, it was outperformed by 86.61% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLEC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLEC is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLEC is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.73 | NEUTRAL | The RSI value for MLEC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MLEC has a negative trend. |
Stochastics (14,3) | 39.18 | NEUTRAL | The Stochastics value for MLEC is a neutral value. |
Average True Range in percent/ATR (20) | 14.58 | HIGH VOLATILITY | The high ATR as a percentage value for MLEC suggests high volalility. |
Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for MLEC suggests a weak or negative trend. |
NASDAQ:MLEC (6/20/2025, 8:00:00 PM)
6.77
-1.09 (-13.87%)