Europe - Euronext Brussels - EBR:MELE - BE0165385973 - Common Stock
We assign a technical rating of 1 out of 10 to MELE. MELE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MELE 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.
49.35
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MELE.BR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MELE.BR is neutral. |
| ChartMill Relative Strength | 21.3 | NEGATIVE | MELE.BR has a low relative strength, it was outperformed by 78.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MELE.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MELE.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MELE.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.92 | NEUTRAL | The RSI value for MELE.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests MELE.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.88 | NEUTRAL | The Stochastics value for MELE.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MELE.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for MELE.BR suggests a strong trend. |
EBR:MELE (12/16/2025, 5:29:17 PM)
56.75
-0.3 (-0.53%)
ChartMill assigns a technical rating of 1 / 10 to MELE.BR.
The current trend direction for MELEXIS NV (MELE.BR) is Bearish.
MELEXIS NV (MELE.BR) has an RSI value of 49.9155. This indicates that the stock is currently neutral.
The short term momentum for MELEXIS NV (MELE.BR) is neutral.