MERUS NV (MRUS) Stock Technical Analysis
NASDAQ:MRUS - Nasdaq - NL0011606264 - Common Stock - Currency: USD
Overall MRUS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MRUS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MRUS is part of the Biotechnology industry. There are 556 other stocks in this industry. MRUS outperforms 81% of them.
MRUS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MRUS has a been trading in the 51.78 - 63.99 range, which is quite wide. It is currently trading near the high of this range.
MRUS has an average volume of 1260900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MRUS did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MRUS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.54
63.90
4 important support areas can be observed.
- A support zone ranging from 54.16 to 55.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.17 to 52.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.86 from a trend line in the daily time frame.
- Support @41.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.27 to 63.27. 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 MRUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRUS is up. |
| ChartMill Relative Strength | 86.31 | POSITIVE | MRUS has a high relative strength, it outperformed 86.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRUS is above the rising 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) | 70.62 | OVERBOUGHT | The high RSI value suggests MRUS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests MRUS has a positive trend. |
| Stochastics (14,3) | 94.78 | OVERBOUGHT | The high Stochastics value suggests MRUS may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MRUS suggests some volalility. |
| Average Directional Index/ADX (14) | 30.08 | POSITIVE | The high ADX value value for MRUS suggests a strong 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)
62.37
-0.89 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.41%
1 Week12.14%
2 Weeks18.62%
1 Month17.45%
3 Month43.15%
6 Month51.02%
12 Month15.1%
2 Year137.69%
3 Year157.94%
5 Year355.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.09
ATR(20)%3.14%
ATR Inc14.45%
Range Today2.38
ADR(20)1.92
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.31
Mansfield1.95
10 Day High63.99
10 Day Low51.78
20 Day High63.99
20 Day Low51.78
52 Week High63.99
52 Week Low33.19
CS1 End55.48
CR1 Start63.27
Volume & EV
DER(3)1.65%
DER(5)-0.16%
Volume1.14M
Volume Incr40.45%
Vol(5)935.65K
Vol(50)1.26M