MERUS NV (MRUS) Technical Analysis
NASDAQ:MRUS • NL0011606264
Current stock price
90 USD
-6.92 (-7.14%)
At close:
88.97 USD
-1.03 (-1.14%)
After Hours:
MRUS Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to MRUS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MRUS has a been trading in the 87.14 - 97.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, MRUS did better than 92% of all other stocks.
- MRUS is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 515 stocks in the same industry.
- MRUS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- MRUS has an average volume of 1360870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MRUS Weekly and Daily overview Charts
MRUS Setup Rating and Analysis
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
MRUS Support and Resistance Analysis
66.78
97.98
2 important support areas can be observed.
- 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.
MRUS 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.
| 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. |
MRUS 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)
MRUS Technicals: Chart, Performance Metrics, Trend & Indicators
90
-6.92 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-7.14%
1 Week-7.23%
2 Weeks-7.15%
1 Month-6.39%
3 Month-4.55%
6 Month67.22%
12 Month108.53%
2 Year227.27%
3 Year481.77%
5 Year413.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%0.77%
ATR Inc2268.66%
Range Today9.72
ADR(20)0.66
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
3 months CRS25.63
6 months CRS93.97
Mansfield2.82
10 Day High97.14
10 Day Low87.14
20 Day High97.14
20 Day Low87.14
52 Week High97.14
52 Week Low33.19
CS1 End88.11
CR1 Start95.71
Volume & EV
DER(3)-6.27%
DER(5)-3.54%
Volume2.73M
Volume Incr-32.98%
Vol(5)832.78K
Vol(50)1.36M
MERUS NV / MRUS TA 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.
What is the RSI signal for MRUS stock?
MERUS NV (MRUS) has an RSI value of 14.6758. This indicates that the stock is currently oversold.
What is the short term momentum for MERUS NV (MRUS) stock?
The short term momentum for MERUS NV (MRUS) is neutral.