NYSEARCA:MEAR - NYSE Arca - US46431W8385 - ETF - Currency: USD
Taking everything into account, MEAR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MEAR is only an average performer.
Although the technical rating is only medium, MEAR does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 50.17, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
49.25
We found 1 important support area.
We found 1 important resistance area.
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 |
---|---|---|---|
50.25 | 50.14 | 0.12 (0.23%) | 25.00% |
An entry @50.25. This is a Buy Stop order right above the 10 day moving average. | An exit @50.14. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 0.23%. | For a 0.06% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:MEAR (3/7/2025, 8:04:00 PM)
50.2
+0.05 (+0.1%)