Technical Analysis for MER - Mears Group Plc

Grade Last Price % Change Price Change
C 355.00 1.43% 5.00
MER closed up 1.43 percent on Friday, April 26, 2024, on 5.92 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Gapped Up Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other 1.43%
Doji - Bullish? Reversal 1.43%

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Profile

Mears Group Plc Description

Mears Group PLC is a United Kingdom-based holding company. The Company's principal activities are the provision of a range of outsourced services to the public and private sectors. The Company operates through two segments, which include Housing and Care. The Housing segment is engaged in providing a full housing management service predominantly to Local Authorities and other Registered Social Landlords. The Care segment provides personal care services to people in their own homes. The Company's Housing segment repairs and maintains over 700,000 of approximately five million Social Homes in the United Kingdom. It provides personal care to over 30,000 elderly and disabled people. The Company serves customers, including local authorities, charities, tenants and service users, community groups, private landlords', elderly people and others. Its subsidiaries include Mears Limited, Scion Technical Services Limited, Morrison Facilities Services Limited and others.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Housing Land Law Landlord Housing Association Public Housing Outsourced Services

Is MER a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 379.5
52 Week Low 223.4928
Average Volume 596,958
200-Day Moving Average 306.46
50-Day Moving Average 357.65
20-Day Moving Average 362.70
10-Day Moving Average 358.65
Average True Range 8.48
RSI (14) 44.75
ADX 19.34
+DI 18.07
-DI 17.99
Chandelier Exit (Long, 3 ATRs) 354.05
Chandelier Exit (Short, 3 ATRs) 372.45
Upper Bollinger Bands 374.95
Lower Bollinger Band 350.46
Percent B (%b) 0.19
BandWidth 6.75
MACD Line -1.36
MACD Signal Line 0.67
MACD Histogram -2.0236
Fundamentals Value
Market Cap 360.51 Million
Num Shares 102 Million
EPS 0.26
Price-to-Earnings (P/E) Ratio 1365.38
Price-to-Sales 0.35
Price-to-Book 1.59
PEG Ratio 0.00
Dividend 0.11
Dividend Yield 0.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 366.25
Resistance 3 (R3) 365.67 361.33 364.38
Resistance 2 (R2) 361.33 358.47 361.63 363.75
Resistance 1 (R1) 358.17 356.70 356.00 358.75 363.12
Pivot Point 353.83 353.83 352.75 354.13 353.83
Support 1 (S1) 350.67 350.97 348.50 351.25 346.88
Support 2 (S2) 346.33 349.20 346.63 346.25
Support 3 (S3) 343.17 346.33 345.63
Support 4 (S4) 343.75