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MERSEN (MRN.PA) Stock Technical Analysis

EPA:MRN - Euronext Paris - Matif - FR0000039620 - Common Stock - Currency: EUR

21.825  -0.12 (-0.57%)

Technical Rating and Analysis

6

Taking everything into account, MRN scores 6 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, MRN is a bad performer in the overall market: 89% of all stocks are doing better.
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 20.65 - 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.
Weekly and Daily overview Charts
MERSEN / MRN Weekly stock chart
MERSEN / MRN Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MRN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.34, 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.
Support and Resistance Analysis

19.85

23.48

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 21.08 to 21.34. 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.

When analyzing the resistance we notice one important 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MRN.PA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MRN.PA is up.
ChartMill Relative Strength11.84NEGATIVEMRN.PA has a low relative strength, it was outperformed by 88.16% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of MRN.PA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MRN.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of MRN.PA is above a declining SMA(200).
Relative Strength Index/RSI (14)55.05NEUTRALThe RSI value for MRN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests MRN.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)58.26NEUTRALThe Stochastics value for MRN.PA is a neutral value.
Average True Range in percent/ATR (20)3.04MEDIUM VOLATILITYThe ATR as a percentage value for MRN.PA suggests some volalility.
Average Directional Index/ADX (14)16.95NEGATIVEThe low ADX value for MRN.PA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
22.2621.241.02 (4.58%)21.82%
An entry @22.26. 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 trade has a worst case loss of 1.02 points, which is 4.58%.For a 1.00% total portfolio risk, you can invest 21.82% 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.
MERSEN / MRN Daily stock chart

MERSEN

EPA:MRN (7/24/2025, 5:29:44 PM)

21.825

-0.12 (-0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.57%
1 Week3.29%
2 Weeks0.23%
1 Month6.81%
3 Month18.14%
6 Month10.52%
12 Month-32.87%
2 Year-48.71%
3 Year-36.01%
5 Year-3.09%
10 Year2.05%
15 Year-22.3%
Volatility
ATR(14)0.6
ATR(20)%3.04%
ATR Inc-13.02%
Range Today0.4
ADR(20)0.57
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.84
Mansfield-1.08
10 Day High22.25
10 Day Low21.25
20 Day High23.05
20 Day Low20.65
52 Week High33
52 Week Low15.2
CS1 End21.34
CR1 Start23.1
Volume & EV
DER(3)0.5%
DER(5)1.87%
Volume8.29K
Volume Incr-29.32%
Vol(5)34.37K
Vol(50)43.85K