MERLIN PROPERTIES SOCIMI SA (MRL.MC) Stock Technical Analysis
BME:MRL - Bolsa De Madrid - ES0105025003 - REIT - Currency: EUR
Taking everything into account, MRL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MRL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MRL 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 MRL is lagging the market slightly.
In the last month MRL has a been trading in the 10.62 - 11.33 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, MRL outperforms 65% of them, which is more or less in line with the market.
MRL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.18, a Stop Loss order could be placed below this zone.
More info and screens
8.79
11.39
3 important support areas can be observed.
- A support zone ranging from 10.55 to 11.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.29 from a trend line in the weekly time frame.
- Support @8.88 from a horizontal line in the weekly time frame.
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 MRL.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRL.MC is up. |
| ChartMill Relative Strength | 65.64 | NEUTRAL | MRL.MC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRL.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRL.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRL.MC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.46 | NEUTRAL | The RSI value for MRL.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MRL.MC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.38 | NEUTRAL | The Stochastics value for MRL.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for MRL.MC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.69 | NEGATIVE | The low ADX value for MRL.MC 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.34 | 10.96 | 0.38 (3.35%) | 25.00% |
| An entry @11.34. This is a Buy Stop order right above the 10 day high. | An exit @10.96. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BME:MRL (7/14/2025, 5:29:56 PM)
11.28
+0.11 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.98%
1 Week1.94%
2 Weeks1.08%
1 Month4.59%
3 Month16.77%
6 Month4.64%
12 Month9.41%
2 Year33.41%
3 Year8.25%
5 Year61.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.52%
ATR Inc-2.36%
Range Today0.19
ADR(20)0.16
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.64
Mansfield-0.11
10 Day High11.33
10 Day Low10.97
20 Day High11.33
20 Day Low10.62
52 Week High11.88
52 Week Low8.49
CS1 End11.18
CR1 StartN/A
Volume & EV
DER(3)-5.68%
DER(5)0.53%
Volume475.52K
Volume Incr17.44%
Vol(5)466.08K
Vol(50)368.27K