MELROSE INDUSTRIES PLC (MRO.L) Stock Technical Analysis
LON:MRO - London Stock Exchange, The - GB00BNGDN821 - Common Stock - Currency: GBX
We assign a technical rating of 2 out of 10 to MRO. MRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
90% of all other stocks performed better in the past year than MRO.
In the last month MRO has a been trading in the 488.80 - 682.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MRO has an average volume of 1329320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MRO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of MRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
423.51
493.69
We found 1 important support area.
- A support zone ranging from 427.79 to 434.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.99
Mansfield-1.5
10 Day High682.6
10 Day Low488.8
20 Day High682.6
20 Day Low488.8
52 Week High682.6
52 Week Low413.6
Performance
1 Week-23.74%
2 Weeks-20.23%
1 Month-21.01%
3 Month-14.25%
6 Month7.83%
12 Month-18.8%
2 Year-2.14%
3 Year30.98%
5 Year57.33%
10 Year-63.21%
15 Year-16.63%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-12.45
RSI(14)28.51
LBB531.14
UBB708.12
LON:MRO (3/7/2025, 5:35:15 PM)
488.8
-74.8 (-13.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-13.27%
1 Week-23.74%
2 Weeks-20.23%
1 Month-21.01%
3 Month-14.25%
6 Month7.83%
12 Month-18.8%
2 Year-2.14%
3 Year30.98%
5 Year57.33%
10 Year-63.21%
15 Year-16.63%
Volatility
ATR(14)32.55
ATR(20)%5.35%
ATR Inc470.2%
Range Today95.2
ADR(20)25.36
ADR(20)%5.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.99
Mansfield-1.5
10 Day High682.6
10 Day Low488.8
20 Day High682.6
20 Day Low488.8
52 Week High682.6
52 Week Low413.6
CS1 End434.31
CR1 StartN/A
Volume & EV
DER(3)0.63%
DER(5)0.01%
Volume8.01M
Volume Incr332.36%
Vol(5)4.47M
Vol(50)1.33M