ELI:MLFMV - Euronext Lisbon - PTFNV1AM0002 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to MLFMV. MLFMV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although MLFMV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.09
We found 1 important support area.
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 MLFMV.LS is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLFMV.LS is up. |
ChartMill Relative Strength | 94.82 | POSITIVE | MLFMV.LS has a high relative strength, it outperformed 94.82% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLFMV.LS is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLFMV.LS is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLFMV.LS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 78.52 | OVERBOUGHT | The high RSI value suggests MLFMV.LS may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MLFMV.LS has a positive trend. |
Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MLFMV.LS may be overbought. |
Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for MLFMV.LS suggests some volalility. |
Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for MLFMV.LS suggests a possible start of a new trend. |
ELI:MLFMV (6/20/2025, 7:00:00 PM)
2.5
0 (0%)