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.
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.
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 | 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. |
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. |
EPA:MRN (7/30/2025, 3:41:51 PM)
21.7
-0.2 (-0.91%)