We assign a technical rating of 6 out of 10 to MRUS. In the last year, MRUS was one of the better performers, but we do observe some doubts in the very recent evolution.
MRUS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
66.78
When analyzing the support we can see 2 important areas.
- Support @88.11 from a trend line in the daily time frame.
- Support @67.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 95.71 to 97.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 MRUS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRUS is neutral. |
| ChartMill Relative Strength | 92.83 | POSITIVE | MRUS has a high relative strength, it outperformed 92.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRUS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRUS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 14.68 | OVERSOLD | The low RSI value suggests MRUS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests MRUS has a negative trend. |
| Stochastics (14,3) | 61.78 | NEUTRAL | The Stochastics value for MRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for MRUS suggests low volalility. |
| Average Directional Index/ADX (14) | 61.48 | POSITIVE | The high ADX value value for MRUS suggests a strong trend. |
90
-6.92 (-7.14%)
MERUS NV / MRUS FAQ
Can you provide the ChartMill technical rating for MERUS NV?
ChartMill assigns a technical rating of 6 / 10 to MRUS.
What is the trend direction for MRUS stock?
The current trend direction for MERUS NV (MRUS) is Bullish.
Can you provide the RSI signal for MERUS NV?
MERUS NV (MRUS) has an RSI value of 14.6758. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for MERUS NV?
MERUS NV (MRUS) has a support level at 88.11 and a resistance level at 95.71. Check the full technical report for our detailed analysis of MRUS support and resistance levels.