ZCCM INVESTMENT HOLDINGS-B (MLZAM.PA) Stock Technical Analysis
Europe • Euronext Paris • EPA:MLZAM • ZM0000000037
Overall MLZAM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MLZAM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: MLZAM has an average volume of 3639 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that MLZAM is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by MLZAM over the past year are nicely spread over this period.
- MLZAM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MLZAM has a been trading in the 2.54 - 2.86 range, which is quite wide. It is currently trading near the high of this range.
- MLZAM is part of the Metals & Mining industry. There are 42 other stocks in this industry, MLZAM did better than 65% of them.
- Considerably lower volume is observed in the last couple of days.
MLZAM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.87. Right above this resistance zone may be a good entry point.
More info and screens
2.24
We found 5 important support areas.
- A support zone ranging from 2.73 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.52 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.47 from a trend line in the daily time frame.
- Support @2.34 from a trend line in the daily time frame.
- Support @2.26 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.87 to 2.87. 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 | NEUTRAL | NEUTRAL | The short term trend for MLZAM.PA is neutral. |
| ChartMill Relative Strength | 96.31 | POSITIVE | MLZAM.PA has a high relative strength, it outperformed 96.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLZAM.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLZAM.PA is above 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) | 56.22 | NEUTRAL | The RSI value for MLZAM.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MLZAM.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for MLZAM.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for MLZAM.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for MLZAM.PA suggests a weak or negative trend. |
EPA:MLZAM (2/6/2026, 7:00:00 PM)
2.8
+0.16 (+6.06%)
ZCCM INVESTMENT HOLDINGS-B / MLZAM.PA FAQ
What is the technical rating for MLZAM stock?
ChartMill assigns a technical rating of 10 / 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 56.2203. 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 -0.0220968, 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 neutral.