MELROSE INDUSTRIES PLC (MRO.L) Stock Technical Analysis
Europe - London Exchange - LON:MRO - GB00BNGDN821 - Common Stock
Taking everything into account, MRO scores 0 out of 10 in our technical rating. MRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MRO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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544.49
When analyzing the support we notice one important area.
- A support zone ranging from 549.99 to 550.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 586.00 to 603.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 639.11 to 643.40. 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 MRO.L is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRO.L is down. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | MRO.L has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRO.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRO.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRO.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.89 | NEUTRAL | The RSI value for MRO.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.93 | NEGATIVE | The MACD value suggests MRO.L has a negative trend. |
| Stochastics (14,3) | 6.64 | OVERSOLD | The low Stochastics value suggests MRO.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for MRO.L suggests some volalility. |
| Average Directional Index/ADX (14) | 20.07 | NEUTRAL | The ADX value for MRO.L suggests a possible start of a new trend. |
LON:MRO (12/17/2025, 5:36:15 PM)
550.6
+0.6 (+0.11%)
MELROSE INDUSTRIES PLC / MRO.L FAQ
What is the technical rating for MRO stock?
ChartMill assigns a technical rating of 0 / 10 to MRO.L.
What is the trend direction for MRO stock?
The current trend direction for MELROSE INDUSTRIES PLC (MRO.L) is Bearish.
What is the RSI signal for MELROSE INDUSTRIES PLC (MRO.L) stock?
MELROSE INDUSTRIES PLC (MRO.L) has an RSI value of 33.8914. This indicates that the stock is currently neutral.
What is the support and resistance level for MRO stock?
MELROSE INDUSTRIES PLC (MRO.L) has a support level at 550.59 and a resistance level at 586. Check the full technical report for our detailed analysis of MRO.L support and resistance levels.