MERSEN (MRN.PA) Stock Technical Analysis
EPA:MRN - FR0000039620 - Common Stock
24.3 EUR
+0.15 (+0.62%)
Overall MRN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MRN is a bad performer.
76% of all other stocks performed better in the past year than MRN.
Both the short term and long term trends are positive. This is a very positive sign.
MRN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MRN is an average performer in the Electrical Equipment industry, it outperforms 53% of 57 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 an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
21.14
25.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.15 to 24.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.64 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.35 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.68 to 24.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.55 to 25.55. 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 | 24.89 | NEGATIVE | MRN.PA has a low relative strength, it was outperformed by 75.11% 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) | UP | POSITIVE | The current price of MRN.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for MRN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests MRN.PA has a negative trend. |
| Stochastics (14,3) | 24.56 | NEUTRAL | The Stochastics value for MRN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for MRN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for MRN.PA suggests a possible start of a new 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 |
|---|---|---|---|
| 24.93 | 24.14 | 0.79 (3.17%) | 25.00% |
| An entry @24.93. This is a Buy Stop order right above the resistance zone. | An exit @24.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.79 points, which is 3.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The distance between exit and entry is rather small compared to the average daily movement of MRN. Please evaluate whether better entry and exit points can be found.
- 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 (8/28/2025, 5:29:55 PM)
24.3
+0.15 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.62%
1 Week-1.22%
2 Weeks-1.42%
1 Month0.83%
3 Month18.83%
6 Month15.71%
12 Month-21.49%
2 Year-42.14%
3 Year-17.63%
5 Year-4.71%
10 Year20.48%
15 Year-10.66%
Volatility
ATR(14)0.58
ATR(20)%2.48%
ATR Inc-24.68%
Range Today0.35
ADR(20)0.55
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield0.09
10 Day High25.65
10 Day Low23.8
20 Day High25.85
20 Day Low23.8
52 Week High31.35
52 Week Low15.2
CS1 End24.29
CR1 Start24.68
Volume & EV
DER(3)-0.42%
DER(5)0.44%
Volume14.30K
Volume Incr-19.6%
Vol(5)42.46K
Vol(50)48.18K