Technical Analysis for MER - Mears Group Plc

Grade Last Price % Change Price Change
C 352.50 -0.42% -1.50
MER closed down 0.42 percent on Wednesday, April 24, 2024, on 3.25 times normal volume. It ran into resistance at its 50 day moving average. 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.
Earnings due: Apr 25
*** please verify all earnings dates ***
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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
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Bearish 180 Entry about 14 hours ago
Fell Below Previous Day's Low about 14 hours ago
Gap Up Closed about 16 hours ago
Reversed from Up about 16 hours ago
Gap Up Partially Closed about 16 hours ago

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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 211.9174
Average Volume 480,053
200-Day Moving Average 305.69
50-Day Moving Average 356.96
20-Day Moving Average 363.95
10-Day Moving Average 362.20
Average True Range 8.75
RSI (14) 40.12
ADX 21.64
+DI 16.52
-DI 17.14
Chandelier Exit (Long, 3 ATRs) 353.24
Chandelier Exit (Short, 3 ATRs) 376.76
Upper Bollinger Bands 374.11
Lower Bollinger Band 353.79
Percent B (%b) -0.06
BandWidth 5.58
MACD Line -0.33
MACD Signal Line 1.75
MACD Histogram -2.0803
Fundamentals Value
Market Cap 357.97 Million
Num Shares 102 Million
EPS 0.26
Price-to-Earnings (P/E) Ratio 1355.77
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) 363.00
Resistance 3 (R3) 363.50 360.50 361.25
Resistance 2 (R2) 360.50 357.83 360.25 360.67
Resistance 1 (R1) 356.50 356.17 355.00 356.00 360.08
Pivot Point 353.50 353.50 352.75 353.25 353.50
Support 1 (S1) 349.50 350.83 348.00 349.00 344.92
Support 2 (S2) 346.50 349.17 346.25 344.33
Support 3 (S3) 342.50 346.50 343.75
Support 4 (S4) 342.00