ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) Technical Analysis
EPA:MLZAM • ZM0000000037
Taking everything into account, MLZAM scores 4 out of 10 in our technical rating. In the last year, MLZAM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month MLZAM has a been trading in the 2.42 - 2.80 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MLZAM has an average volume of 3200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MLZAM is part of the Metals & Mining industry. There are 44 other stocks in this industry. MLZAM outperforms 74% of them.
- MLZAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MLZAM is performing more or less in line with the market.
- 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.
- Looking at the yearly performance, MLZAM did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
MLZAM has an average technical rating and it also does not offer a high 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
2.23
When analyzing the support we can see 3 important areas.
- Support @2.43 from a trend line in the daily time frame.
- Support @2.31 from a trend line in the daily time frame.
- A support zone ranging from 2.25 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.51 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 94.51 | POSITIVE | MLZAM.PA has a high relative strength, it outperformed 94.51% 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) | 42.69 | 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) | 40.72 | NEUTRAL | The Stochastics value for MLZAM.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MLZAM.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for MLZAM.PA suggests a strong trend. |
MLZAM.PA Technicals: Chart, Performance Metrics, Trend & Indicators
EPA:MLZAM (3/12/2026, 7:00:00 PM)
2.44
-0.14 (-5.43%)
ZCCM INVESTMENT HOLDINGS-B / MLZAM.PA FAQ
What is the technical rating for MLZAM stock?
ChartMill assigns a technical rating of 4 / 10 to MLZAM.PA.
What is the current trend direction of ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) stock?
The current trend direction for ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) is Bullish.
What is the RSI signal for ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) stock?
ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) has an RSI value of 42.6904. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZCCM INVESTMENT HOLDINGS-B?
The MACD indicator for ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) has a value of -0.00906188, indicating a bearish trend.
Can you provide the short term momentum for ZCCM INVESTMENT HOLDINGS-B?
The short term momentum for ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) is negative.