ELI:MLRZE - Euronext Lisbon - PTRIZ0AM0009 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to MLRZE. MLRZE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of MLRZE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
0.53
When analyzing the support we can see 4 important areas.
We found 1 important resistance 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 MLRZE.LS is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLRZE.LS is down. |
ChartMill Relative Strength | 30.68 | NEUTRAL | MLRZE.LS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLRZE.LS is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLRZE.LS is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLRZE.LS is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.58 | NEUTRAL | The RSI value for MLRZE.LS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MLRZE.LS has a positive trend. |
Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for MLRZE.LS is a neutral value. |
Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for MLRZE.LS suggests some volalility. |
Average Directional Index/ADX (14) | 15 | NEGATIVE | The low ADX value for MLRZE.LS suggests a weak or negative trend. |
ELI:MLRZE (6/20/2025, 7:00:00 PM)
0.71
+0.02 (+3.65%)