Europe - Euronext Lisbon - ELI:MRL - ES0105025003 - REIT
Taking everything into account, MRL scores 3 out of 10 in our technical rating. MRL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, MRL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 12.19, a Stop Loss order could be placed below this zone.
10.49
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 | NEUTRAL | NEUTRAL | The long term trend for MRL.LS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRL.LS is neutral. |
| ChartMill Relative Strength | 33.22 | NEUTRAL | MRL.LS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRL.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRL.LS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRL.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.15 | NEUTRAL | The RSI value for MRL.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MRL.LS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.85 | OVERBOUGHT | The high Stochastics value suggests MRL.LS may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MRL.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for MRL.LS suggests a weak or negative trend. |
ELI:MRL (1/9/2026, 7:00:00 PM)
12.55
-0.3 (-2.33%)
ChartMill assigns a technical rating of 3 / 10 to MRL.LS.
The current trend direction for MERLIN PROPERTIES SOCIMI SA (MRL.LS) is Bearish.
MERLIN PROPERTIES SOCIMI SA (MRL.LS) has an RSI value of 49.1462. This indicates that the stock is currently neutral.
The MACD indicator for MERLIN PROPERTIES SOCIMI SA (MRL.LS) has a value of 0.0714803, indicating a bearish trend.
The short term momentum for MERLIN PROPERTIES SOCIMI SA (MRL.LS) is neutral.