MERSEN (MRN.PA) Stock Technical Analysis
EPA:MRN - Euronext Paris - Matif - FR0000039620 - Common Stock - Currency: EUR
Overall MRN gets a technical rating of 6 out of 10. In the last year, MRN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
90% of all other stocks performed better in the past year than MRN.
The long and short term trends are both positive. This is looking good!
In the last month MRN has a been trading in the 20.75 - 22.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MRN is an average performer in the Electrical Equipment industry, it outperforms 40% of 58 stocks in the same industry.
MRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRN is lagging the market.
MRN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.80, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.85
23.48
2 important support areas can be observed.
- A support zone ranging from 21.14 to 21.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.05 to 20.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.10 to 23.25. 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 MRN.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRN.PA is up. |
| ChartMill Relative Strength | 10.05 | NEGATIVE | MRN.PA has a low relative strength, it was outperformed by 89.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRN.PA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRN.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRN.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.18 | NEUTRAL | The RSI value for MRN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MRN.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.24 | NEUTRAL | The Stochastics value for MRN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for MRN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for MRN.PA 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 |
|---|---|---|---|
| 22.41 | 21.24 | 1.17 (5.22%) | 19.15% |
| An entry @22.41. This is a Buy Stop order right above the 10 day high. | An exit @21.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.17 points, which is 5.22%. | For a 1.00% total portfolio risk, you can invest 19.15% of your capital in this trade. |
- 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.
EPA:MRN (7/30/2025, 3:41:51 PM)
21.7
-0.2 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.91%
1 Week1.86%
2 Weeks0.69%
1 Month1.39%
3 Month10.27%
6 Month0.23%
12 Month-29.24%
2 Year-48.83%
3 Year-36.15%
5 Year-3.31%
10 Year1.81%
15 Year-22.48%
Volatility
ATR(14)0.52
ATR(20)%2.71%
ATR Inc35.17%
Range Today0.3
ADR(20)0.5
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.05
Mansfield-1.01
10 Day High22.4
10 Day Low21.25
20 Day High22.6
20 Day Low20.75
52 Week High31.45
52 Week Low15.2
CS1 End21.8
CR1 Start23.1
Volume & EV
DER(3)0.29%
DER(5)0.43%
Volume17.88K
Volume Incr-23.31%
Vol(5)32.81K
Vol(50)43.03K