MERSEN (MRN.PA) Stock Technical Analysis
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.
89% of all other stocks performed better in the past year than MRN.
MRN is one of the lesser performing stocks in the Electrical Equipment industry. 60% of 54 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MRN has a been trading in the 20.75 - 23.05 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 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.
Considerably lower volume is observed in the last couple of days.
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.
- 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 21.11 to 21.80. 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 | 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. |
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)
EPA:MRN (7/25/2025, 7:00:00 PM)
21.9
+0.05 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.23%
1 Week-0.23%
2 Weeks1.86%
1 Month-3.1%
3 Month17.87%
6 Month10.27%
12 Month-33.03%
2 Year-48.83%
3 Year-36.15%
5 Year-3.31%
10 Year1.81%
15 Year-22.48%
Volatility
ATR(14)0.51
ATR(20)%2.76%
ATR Inc-25%
Range Today0.5
ADR(20)0.52
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.55
Mansfield-1.14
10 Day High22.25
10 Day Low21.25
20 Day High23.05
20 Day Low20.75
52 Week High33
52 Week Low15.2
CS1 End21.8
CR1 Start23.1
Volume & EV
DER(3)-0.71%
DER(5)-0.13%
Volume21.91K
Volume Incr-42.08%
Vol(5)25.89K
Vol(50)43.19K