Logo image of 1MBG.MI

MERCEDES-BENZ GROUP AG (1MBG.MI) Stock Technical Analysis

BIT:1MBG - Borsa Italiana Milan - DE0007100000 - Common Stock - Currency: EUR

57.1  -1.76 (-2.99%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to 1MBG. 1MBG'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.

100% of all other stocks performed better in the past year than 1MBG.
1MBG is part of the Automobiles industry. There are 29 other stocks in this industry, of which 92% are performing better than 1MBG.
1MBG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: 1MBG has an average volume of 2496 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month 1MBG has a been trading in the 51.22 - 59.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MERCEDES-BENZ GROUP AG / 1MBG Weekly stock chart
MERCEDES-BENZ GROUP AG / 1MBG Daily stock chart
Setup Rating and Analysis

4

1MBG has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

50.81

60.03

We found 3 important support areas.

  • A support zone ranging from 54.86 to 56.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @52.25 from a horizontal line in the weekly time frame.
  • Support @51.32 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 58.87 to 59.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High59.9
10 Day Low52.38
20 Day High59.9
20 Day Low51.22
52 Week High77.43
52 Week Low50.8
Performance
1 Week7.21%
2 Weeks6.59%
1 Month8.6%
3 Month-0.44%
6 Month-19.24%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)0.7
RSI(14)53.95
LBB50.93
UBB59.85
MERCEDES-BENZ GROUP AG / 1MBG Daily stock chart

MERCEDES-BENZ GROUP AG

BIT:1MBG (2/3/2025, 7:00:00 PM)

57.1

-1.76 (-2.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.99%
1 Week7.21%
2 Weeks6.59%
1 Month8.6%
3 Month-0.44%
6 Month-19.24%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.97
ATR(20)%3.14%
ATR Inc11.11%
Range Today1.4
ADR(20)1.18
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High59.9
10 Day Low52.38
20 Day High59.9
20 Day Low51.22
52 Week High77.43
52 Week Low50.8
CS1 End56.38
CR1 Start58.87
Volume & EV
DER(3)0%
DER(5)0%
Volume6.66K
Volume Incr69.54%
Vol(5)3.60K
Vol(50)2.50K