MELROSE INDUSTRIES PLC (MRO.L) Stock Technical Analysis
Europe - London Exchange - LON:MRO - GB00BNGDN821 - Common Stock
Overall MRO gets a technical rating of 0 out of 10. 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.
MRO 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.
More info and screens
553.80
When analyzing the support we notice one important area.
- A support zone ranging from 559.39 to 559.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 583.20 to 596.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 635.01 to 643.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MRO.L is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRO.L is down. |
| ChartMill Relative Strength | 23.18 | NEGATIVE | MRO.L has a low relative strength, it was outperformed by 76.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRO.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRO.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRO.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.42 | NEUTRAL | The RSI value for MRO.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.52 | NEGATIVE | The MACD value suggests MRO.L has a negative trend. |
| Stochastics (14,3) | 11.94 | OVERSOLD | The low Stochastics value suggests MRO.L may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MRO.L suggests some volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for MRO.L suggests a weak or negative trend. |
LON:MRO (12/12/2025, 5:29:49 PM)
559.4
-2.4 (-0.43%)
MELROSE INDUSTRIES PLC / MRO.L FAQ
What is the technical rating for MRO stock?
ChartMill assigns a technical rating of 0 / 10 to MRO.L.
What is the trend direction for MRO stock?
The current trend direction for MELROSE INDUSTRIES PLC (MRO.L) is Bearish.
What is the RSI signal for MELROSE INDUSTRIES PLC (MRO.L) stock?
MELROSE INDUSTRIES PLC (MRO.L) has an RSI value of 36.4181. This indicates that the stock is currently neutral.
What is the support and resistance level for MRO stock?
MELROSE INDUSTRIES PLC (MRO.L) has a support level at 559.39 and a resistance level at 583.2. Check the full technical report for our detailed analysis of MRO.L support and resistance levels.