Technical Analysis for MRCH - The Merchants Trust Plc
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 555.00 | 0.54% | 3.00 |
MRCH closed up 0.54 percent on Friday, April 26, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 17
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New Uptrend | Bullish | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Touch | Strength | 0.00% | |
| Slingshot Bullish | Bullish Swing Setup | 0.54% | |
| Upper Bollinger Band Walk | Strength | 0.54% | |
| Outside Day | Range Expansion | 0.54% | |
| Overbought Stochastic | Strength | 0.54% |
| Alert | Time |
|---|---|
| Possible NR7 | about 10 hours ago |
| Upper Bollinger Band Resistance | about 11 hours ago |
| Slingshot Bullish Entry | about 15 hours ago |
| Rose Above Previous Day's High | about 15 hours ago |
| Gapped Up (Full) | about 15 hours ago |
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index. The Merchants Trust Plc was formed on February 16, 1889 and is domiciled in the United Kingdom.
Sector: Financial Services
Industry: Asset Management
Keywords: Investment Management Ftse All Share Index Ftse 250 Index
Classification
Sector: Financial Services
Industry: Asset Management
Keywords: Investment Management Ftse All Share Index Ftse 250 Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 583.313 |
| 52 Week Low | 475.8753 |
| Average Volume | 227,715 |
| 200-Day Moving Average | 530.55 |
| 50-Day Moving Average | 529.26 |
| 20-Day Moving Average | 539.05 |
| 10-Day Moving Average | 545.08 |
| Average True Range | 8.94 |
| RSI (14) | 66.44 |
| ADX | 25.67 |
| +DI | 26.53 |
| -DI | 12.19 |
| Chandelier Exit (Long, 3 ATRs) | 531.17 |
| Chandelier Exit (Short, 3 ATRs) | 547.76 |
| Upper Bollinger Bands | 556.86 |
| Lower Bollinger Band | 521.25 |
| Percent B (%b) | 0.95 |
| BandWidth | 6.61 |
| MACD Line | 6.38 |
| MACD Signal Line | 4.94 |
| MACD Histogram | 1.4343 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 562.50 | ||||
| Resistance 3 (R3) | 562.67 | 560.33 | 561.25 | ||
| Resistance 2 (R2) | 560.33 | 558.42 | 560.25 | 560.83 | |
| Resistance 1 (R1) | 557.67 | 557.24 | 556.50 | 557.50 | 560.42 |
| Pivot Point | 555.33 | 555.33 | 554.75 | 555.25 | 555.33 |
| Support 1 (S1) | 552.67 | 553.42 | 551.50 | 552.50 | 549.58 |
| Support 2 (S2) | 550.33 | 552.24 | 550.25 | 549.17 | |
| Support 3 (S3) | 547.67 | 550.33 | 548.75 | ||
| Support 4 (S4) | 547.50 |
