MAZARO SA (MLMAZ.BR) Stock Technical Analysis
EBR:MLMAZ - Euronext Brussels - BE0974404361 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to MLMAZ. MLMAZ'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than MLMAZ.
MLMAZ is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MLMAZ is lagging the market.
In the last month MLMAZ has a been trading in the 2.00 - 4.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MLMAZ has an average volume of 261 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of MLMAZ is bad and it also does not present a quality setup 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
1.98
2.32
2 important resistance areas can be observed.
- A resistance zone ranging from 2.19 to 2.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.30 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for MLMAZ.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLMAZ.BR is down. |
| ChartMill Relative Strength | 0.54 | NEGATIVE | MLMAZ.BR has a low relative strength, it was outperformed by 99.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLMAZ.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLMAZ.BR is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 27.94 | OVERSOLD | The low RSI value suggests MLMAZ.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MLMAZ.BR has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for MLMAZ.BR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for MLMAZ.BR suggests a strong 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)
EBR:MLMAZ (5/21/2025, 7:00:00 PM)
2
-0.16 (-7.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.41%
1 Week-8.26%
2 Weeks-20%
1 Month-48.72%
3 Month-53.7%
6 Month-71.43%
12 Month-79.92%
2 Year-72.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.05%
ATR Inc-28.21%
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
CRS0.54
Mansfield-7.37
10 Day High2.18
10 Day Low2
20 Day High4
20 Day Low2
52 Week High10.25
52 Week Low2
CS1 EndN/A
CR1 Start2.19
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr110.35%
Vol(5)402.4
Vol(50)261.96