HYDRO-EXPLOITATIONS SA (MLHYE.PA) Stock Technical Analysis
Europe - EPA:MLHYE - FR0005843125 - Common Stock
127 EUR
+18 (+16.51%)
We assign a technical rating of 8 out of 10 to MLHYE. In the last year, MLHYE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: MLHYE has an average volume of 23 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that MLHYE is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, MLHYE also shows a nice and consistent pattern of rising prices.
MLHYE is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry. MLHYE outperforms 95% of them.
In the last month MLHYE has a been trading in the 91.00 - 128.00 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MLHYE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLHYE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MLHYE has an excellent technical rating, it does not present a decent entry opportunity 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
89.10
129.28
5 important support areas can be observed.
- Support @125.85 from a trend line in the daily time frame.
- A support zone ranging from 109.00 to 110.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.34 to 97.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @93.36 from a trend line in the weekly time frame.
- Support @90.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 127.01 to 128.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MLHYE.PA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLHYE.PA is neutral. |
| ChartMill Relative Strength | 94.19 | POSITIVE | MLHYE.PA has a high relative strength, it outperformed 94.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLHYE.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLHYE.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLHYE.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for MLHYE.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests MLHYE.PA has a positive trend. |
| Stochastics (14,3) | 67.02 | NEUTRAL | The Stochastics value for MLHYE.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for MLHYE.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.68 | NEGATIVE | The low ADX value for MLHYE.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:MLHYE (9/8/2025, 7:00:00 PM)
127
+18 (+16.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg16.51%
1 Week9.48%
2 Weeks7.63%
1 Month23.3%
3 Month15.45%
6 Month15.45%
12 Month80.14%
2 Year-42.27%
3 Year51.19%
5 Year135.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.5
ATR(20)%5.67%
ATR Inc193.02%
Range Today0
ADR(20)0
ADR(20)%0%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.19
Mansfield-2.04
10 Day High128
10 Day Low107
20 Day High128
20 Day Low91
52 Week High224
52 Week Low67.5
CS1 End125.85
CR1 Start127.01
Volume & EV
DER(3)0%
DER(5)0%
Volume1
Volume Incr-90.59%
Vol(5)3.4
Vol(50)23.66