MONDI PLC (MNDI.L) Stock Technical Analysis
LON:MNDI - London Stock Exchange, The - GB00BMWC6P49 - Common Stock - Currency: GBX
We assign a technical rating of 5 out of 10 to MNDI. MNDI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
MNDI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1291.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1259.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MNDI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1,134.53
We found 2 important support areas.
- A support zone ranging from 1226.44 to 1259.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1145.99 to 1151.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1291.77 to 1298.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1326.01 to 1326.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1478.00 from a horizontal line in the daily time frame.
LON:MNDI (3/7/2025, 5:35:30 PM)
1273.5
-21 (-1.62%)