EPA:MRN - Euronext Paris - Matif - FR0000039620 - Common Stock - Currency: EUR
Taking everything into account, MRN scores 5 out of 10 in our technical rating. MRN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MRN has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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.
19.85
2 important support areas can be observed.
We found 1 important resistance area.
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 MRN.PA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRN.PA is up. |
ChartMill Relative Strength | 11.55 | NEGATIVE | MRN.PA has a low relative strength, it was outperformed by 88.45% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRN.PA is above a declining 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) | 54.41 | NEUTRAL | The RSI value for MRN.PA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MRN.PA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 71.03 | NEUTRAL | The Stochastics value for MRN.PA is a neutral value. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for MRN.PA suggests some volalility. |
Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for MRN.PA suggests a weak or negative trend. |
EPA:MRN (7/25/2025, 7:00:00 PM)
21.9
+0.05 (+0.23%)