MERUS NV (MRUS)
NL0011606264 - Common Stock
Taking everything into account, MRUS scores 7 out of 10 in our technical rating. 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.
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 94% of all other stocks.
MRUS is part of the Biotechnology industry. There are 587 other stocks in this industry. MRUS outperforms 88% of them.
MRUS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MRUS is lagging the market slightly.
In the last month MRUS has a been trading in the 39.27 - 49.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MRUS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 43.40, a Stop Loss order could be placed below this zone.
More info and screens
24.23
48.81
We found 3 important support areas.
- A support zone ranging from 42.97 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.80 to 39.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.47 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @45.46 from a trend line in the daily time frame.
- Resistance @48.33 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.47
Mansfield3.05
10 Day High49.5
10 Day Low43.83
20 Day High49.5
20 Day Low39.27
52 Week High52.04
52 Week Low19.81
Performance
1 Week-3.99%
2 Weeks-3.85%
1 Month10.13%
3 Month-1.78%
6 Month86.05%
12 Month109.89%
2 Year143.59%
3 Year113.76%
5 Year225.25%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)51.11
LBB43.41
UBB48.95
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.47 | 43.82 | 1.65 (3.63%) | 25.00% |
| An entry @45.47. This is a Buy Stop order right above the resistance zone. | An exit @43.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.65 points, which is 3.63%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MRUS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MERUS NV
NASDAQ:MRUS (5/15/2024, 7:00:01 PM)
After market: 45.21 0 (0%)45.21
+0.44 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.98%
1 Week-3.99%
2 Weeks-3.85%
1 Month10.13%
3 Month-1.78%
6 Month86.05%
12 Month109.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.09
ATR(20)%4.73%
ATR Inc
Range Today1.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High49.5
10 Day Low43.83
20 Day High49.5
20 Day Low39.27
52 Week High52.04
52 Week Low19.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume739.50K
Volume Incr11.94%
Vol(5)759.48K
Vol(50)640.64K