MATERIALISE NV-ADR (MTLS) Stock Technical Analysis
NASDAQ:MTLS - Nasdaq - US57667T1007 - ADR - Currency: USD
Taking everything into account, MTLS scores 1 out of 10 in our technical rating. MTLS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MTLS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.10, a Stop Loss order could be placed below this zone.
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5.05
When analyzing the support we notice one important area.
- A support zone ranging from 5.10 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.38 to 5.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.52 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for MTLS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTLS is neutral. |
| ChartMill Relative Strength | 34.28 | NEUTRAL | MTLS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.03 | NEUTRAL | The RSI value for MTLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MTLS has a negative trend. |
| Stochastics (14,3) | 5.78 | OVERSOLD | The low Stochastics value suggests MTLS may be oversold. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MTLS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.98 | NEUTRAL | The ADX value for MTLS suggests a possible start of a new trend. |
NASDAQ:MTLS (5/22/2025, 8:27:14 PM)
5.11
-0.02 (-0.39%)