EPA:MLPET - Euronext Paris - Matif - NL0015001HZ9 - Common Stock - Currency: EUR
Taking everything into account, MLPET scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MLPET is a bad performer.
Although MLPET 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.
3.96
When analyzing the support we can see 3 important 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 | UP | POSITIVE | The long term trend for MLPET.PA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLPET.PA is up. |
ChartMill Relative Strength | 0 | NEGATIVE | MLPET.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLPET.PA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLPET.PA is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 76.43 | OVERBOUGHT | The high RSI value suggests MLPET.PA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MLPET.PA has a positive trend. |
Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MLPET.PA may be overbought. |
Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for MLPET.PA suggests some volalility. |
Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for MLPET.PA suggests a possible start of a new trend. |
EPA:MLPET (6/4/2025, 7:00:00 PM)
6.55
+0.4 (+6.5%)