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VERVE GROUP SE (M8G.DE) Stock Technical Analysis

FRA:M8G - Deutsche Boerse Ag - SE0018538068 - Common Stock - Currency: EUR

3.545  -0.14 (-3.67%)

Technical Rating and Analysis

10

Overall M8G gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, M8G is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that M8G is one of the better performing stocks in the market, outperforming 98% of all stocks.
M8G is part of the Media industry. There are 67 other stocks in this industry. M8G outperforms 95% of them.
M8G is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so M8G slightly outperforms the market at the moment.
In the last month M8G has a been trading in the 3.25 - 3.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
VERVE GROUP SE / M8G Weekly stock chart
VERVE GROUP SE / M8G Daily stock chart
Setup Rating and Analysis

6

M8G has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.79. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

2.72

3.87

5 important support areas can be observed.

  • A support zone ranging from 3.27 to 3.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @3.05 from a trend line in the weekly time frame.
  • Support @2.96 from a trend line in the daily time frame.
  • Support @2.83 from a trend line in the daily time frame.
  • Support @2.75 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.79 to 3.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
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
CRS98.87
Mansfield2.74
10 Day High3.97
10 Day Low3.25
20 Day High3.97
20 Day Low3.25
52 Week High4.13
52 Week Low1.2
Performance
1 Week-5.72%
2 Weeks4.42%
1 Month0.71%
3 Month-3.8%
6 Month13.99%
12 Month147.9%
2 Year181.8%
3 Year5.07%
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
RSI(14)53.06
LBB3.2
UBB3.82
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
3.843.260.58 (15.10%)6.62%
An entry @3.84. This is a Buy Stop order right above the resistance zone.An exit @3.26. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.58 points, which is 15.10%.For a 1.00% total portfolio risk, you can invest 6.62% of your capital in this trade.

  • 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.
VERVE GROUP SE / M8G Daily stock chart

VERVE GROUP SE

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

3.545

-0.14 (-3.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-3.67%
1 Week-5.72%
2 Weeks4.42%
1 Month0.71%
3 Month-3.8%
6 Month13.99%
12 Month147.9%
2 Year181.8%
3 Year5.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.22%
ATR Inc20.39%
Range Today0.18
ADR(20)0.16
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.87
Mansfield2.74
10 Day High3.97
10 Day Low3.25
20 Day High3.97
20 Day Low3.25
52 Week High4.13
52 Week Low1.2
CS1 End3.29
CR1 Start3.79
Volume & EV
DER(3)-7.24%
DER(5)-6.33%
Volume161.56K
Volume Incr99.57%
Vol(5)182.65K
Vol(50)130.30K