EAUX DE ROYAN SA (MLEDR.PA) Stock Technical Analysis
Europe - EPA:MLEDR - FR0007200100 - Common Stock
49 EUR
+0.2 (+0.41%)
We assign a technical rating of 4 out of 10 to MLEDR. Recently some decent action could be observed, but in the medium term time frame this is still negative. MLEDR was also a bad performer in the overall market in the last year.
93% of all other stocks performed better in the past year than MLEDR.
MLEDR is one of the lesser performing stocks in the Water Utilities industry. 66% of 4 stocks in the same industry do better.
MLEDR 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: MLEDR has an average volume of 64 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MLEDR 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MLEDR has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.35
84.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.27 to 48.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @49.01 from a trend line in the daily time frame.
- A resistance zone ranging from 49.80 to 49.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.00 from a horizontal line in the daily time frame.
- Resistance @84.13 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for MLEDR.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLEDR.PA is neutral. |
| ChartMill Relative Strength | 7.5 | NEGATIVE | MLEDR.PA has a low relative strength, it was outperformed by 92.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLEDR.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLEDR.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLEDR.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.16 | NEUTRAL | The RSI value for MLEDR.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MLEDR.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.39 | OVERBOUGHT | The high Stochastics value suggests MLEDR.PA may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for MLEDR.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for MLEDR.PA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
EPA:MLEDR (9/9/2025, 7:00:00 PM)
49
+0.2 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg0.41%
1 Week-1.61%
2 Weeks2.94%
1 Month4.7%
3 Month5.15%
6 Month0%
12 Month-39.13%
2 Year-43.02%
3 Year-43.35%
5 Year-57.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%2.84%
ATR Inc161.54%
Range Today6.8
ADR(20)0.69
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.5
Mansfield-1.64
10 Day High49.8
10 Day Low41
20 Day High49.8
20 Day Low41
52 Week High79.5
52 Week Low40
CS1 End48.5
CR1 Start49.01
Volume & EV
DER(3)0%
DER(5)0%
Volume7
Volume Incr-95.37%
Vol(5)4.2
Vol(50)64.66