ELI:MRL - Euronext Lisbon - ES0105025003 - REIT - Currency: EUR
Overall MRL gets a technical rating of 1 out of 10. MRL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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 a resistance zone just above the current price starting at 9.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.43, a Stop Loss order could be placed below this zone.
8.21
We found 2 important support areas.
3 important resistance areas can be observed.
ELI:MRL (5/2/2025, 7:00:00 PM)
9.61
-0.37 (-3.71%)