ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) Stock Technical Analysis
Europe - EPA:MLZAM - ZM0000000037 - Common Stock
2.18 EUR
-0.06 (-2.68%)
We assign a technical rating of 7 out of 10 to MLZAM. In the last year, MLZAM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month MLZAM has a been trading in the 2.18 - 2.32 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MLZAM has an average volume of 6040 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 MLZAM is one of the better performing stocks in the market, outperforming 92% of all stocks.
MLZAM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MLZAM is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MLZAM is an average performer in the Metals & Mining industry, it outperforms 69% of 43 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
MLZAM has an excellent technical rating, but the quality of the setup is only medium 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
1.09
2.33
2 important support areas can be observed.
- A support zone ranging from 2.17 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.10 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.25 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.31 to 2.31. 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 | UP | POSITIVE | The long term trend for MLZAM.PA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLZAM.PA is down. |
| ChartMill Relative Strength | 92.89 | POSITIVE | MLZAM.PA has a high relative strength, it outperformed 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLZAM.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLZAM.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLZAM.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.1 | NEUTRAL | The RSI value for MLZAM.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MLZAM.PA has a negative trend. |
| Stochastics (14,3) | 28.57 | NEUTRAL | The Stochastics value for MLZAM.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MLZAM.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for MLZAM.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:MLZAM (10/13/2025, 7:00:00 PM)
2.18
-0.06 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.68%
1 Week-5.22%
2 Weeks-5.22%
1 Month0%
3 Month19.78%
6 Month81.67%
12 Month57.97%
2 Year61.48%
3 Year92.92%
5 Year257.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.43%
ATR Inc-24.32%
Range Today0.06
ADR(20)0.01
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.89
Mansfield3.08
10 Day High2.32
10 Day Low2.18
20 Day High2.32
20 Day Low2.18
52 Week High2.64
52 Week Low1.08
CS1 End2.17
CR1 Start2.18
Volume & EV
DER(3)0%
DER(5)0%
Volume2.85K
Volume Incr-6.54%
Vol(5)2.63K
Vol(50)6.04K