MERUS NV (MRUS) Stock Technical Analysis
NASDAQ:MRUS - Nasdaq - NL0011606264 - Common Stock - Currency: USD
Overall MRUS gets a technical rating of 8 out of 10. Although MRUS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
MRUS is part of the Biotechnology industry. There are 557 other stocks in this industry. MRUS outperforms 75% of them.
MRUS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRUS is performing more or less in line with the market.
MRUS has an average volume of 1309570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MRUS outperforms 63% of them, which is more or less in line with the market.
In the last month MRUS has a been trading in the 39.40 - 62.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRUS has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
40.11
60.60
We found 3 important support areas.
- A support zone ranging from 54.60 to 54.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.07 from a trend line in the daily time frame.
- Support @40.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @60.00 from a horizontal line in the weekly time frame.
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 | 63.36 | NEUTRAL | MRUS is not amongst the best or worst performers 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) | 56.4 | NEUTRAL | The RSI value for MRUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests MRUS has a negative trend. |
| Stochastics (14,3) | 48.96 | NEUTRAL | The Stochastics value for MRUS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for MRUS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.72 | 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)
54.61
-0.78 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.41%
1 Week-2.85%
2 Weeks-2.6%
1 Month36.25%
3 Month15.94%
6 Month27.5%
12 Month-3.43%
2 Year107.41%
3 Year141.21%
5 Year239.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.41
ATR(20)%6.92%
ATR Inc-55.91%
Range Today2.18
ADR(20)3.16
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.36
Mansfield0.87
10 Day High62.98
10 Day Low54.02
20 Day High62.98
20 Day Low39.4
52 Week High62.98
52 Week Low33.19
CS1 End54.6
CR1 Start60
Volume & EV
DER(3)-4.3%
DER(5)-3.21%
Volume711.60K
Volume Incr-43.32%
Vol(5)1.10M
Vol(50)1.31M