COMPAGNIE DU MONT-BLANC (MLCMB.PA) Stock Technical Analysis
EPA:MLCMB - Euronext Paris - Matif - FR0000060428 - Common Stock - Currency: EUR
Taking everything into account, MLCMB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MLCMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, MLCMB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 149.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 146.70, a Stop Loss order could be placed below this zone.
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120.78
4 important support areas can be observed.
- A support zone ranging from 136.00 to 146.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @129.00 from a trend line in the weekly time frame.
- A support zone ranging from 125.00 to 125.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @122.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 149.01 to 150.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 150.02 | 141.99 | 8.03 (5.35%) | 18.68% |
| An entry @150.02. This is a Buy Stop order right above the resistance zone. | An exit @141.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.03 points, which is 5.35%. | When investing 18.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
EPA:MLCMB (3/7/2025, 7:00:00 PM)
148
+2 (+1.37%)