EBR:MELE - Euronext Brussels - BE0165385973 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to MELE. In the past year, MELE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MELE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 54.84, a Stop Loss order could be placed below this zone.
53.55
When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
EBR:MELE (3/7/2025, 7:00:00 PM)
58.75
-1 (-1.67%)