VERVE GROUP SE (M8G.DE)

SE0018538068 - Common Stock

3.02  -0.18 (-5.63%)

Technical Rating and Analysis

4

Overall M8G gets a technical rating of 4 out of 10. Although M8G is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month M8G has a been trading in the 2.98 - 3.79 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.
Looking at the yearly performance, M8G did better than 99% of all other stocks. On top of that, M8G also shows a nice and consistent pattern of rising prices.
M8G is one of the better performing stocks in the Media industry, it outperforms 96% of 60 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
M8G is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so M8G is lagging the market slightly.
Weekly and Daily overview Charts
M8G Weekly chart
M8G Daily chart
Setup Rating and Analysis

3

M8G has an average technical rating and it also does not offer a high quality setup 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

2.45

3.43

When analyzing the support we notice one important area.

  • Support @2.47 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 3.33 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS99.51
Mansfield2.05
10 Day High3.57
10 Day Low2.99
20 Day High3.8
20 Day Low2.99
52 Week High4.13
52 Week Low0.87
Performance
1 Week-9.04%
2 Weeks-8.21%
1 Month-14.2%
3 Month-12.34%
6 Month32.17%
12 Month212.63%
2 Year88.75%
3 Year-17.26%
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)-0.04
RSI(14)33.93
LBB3.01
UBB3.59
M8G Daily chart

VERVE GROUP SE

FRA:M8G (1/3/2025, 7:00:00 PM)

3.02

-0.18 (-5.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-5.63%
1 Week-9.04%
2 Weeks-8.21%
1 Month-14.2%
3 Month-12.34%
6 Month32.17%
12 Month212.63%
2 Year88.75%
3 Year-17.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.7%
ATR Inc3.53%
Range Today0.18
ADR(20)0.16
ADR(20)%5.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.51
Mansfield2.05
10 Day High3.57
10 Day Low2.99
20 Day High3.8
20 Day Low2.99
52 Week High4.13
52 Week Low0.87
CS1 End2.47
CR1 Start3.33
Volume & EV
DER(3)-10.95%
DER(5)-11.2%
Volume157.92K
Volume Incr-36.09%
Vol(5)102.34K
Vol(50)122.05K