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Matrix Composites & Engineering Ltd (DE:8ME)
FRANKFURT:8ME
Germany Market
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Matrix Composites & Engineering Ltd (8ME) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
7Bullish
2Neutral
13Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Matrix Composites & Engineering Ltd’s (8ME) Moving Averages Convergence Divergence (MACD) indicator is >-0.01, suggesting Matrix Composites & Engineering Ltd is a Sell.
Matrix Composites & Engineering Ltd’s (8ME) 20-Day exponential moving average is 0.14, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.138, making it a Sell.
Matrix Composites & Engineering Ltd’s (8ME) 50-Day exponential moving average is 0.15, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.138, making it a Sell.

Matrix Composites & Engineering Ltd (8ME) Pivot Points

Jan 09, 2025, 08:05 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.14
0.14
0.14
0.14
0.14
0.14
0.14
Fibonacci
0.14
0.14
0.14
0.14
0.14
0.14
0.14
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Matrix Composites & Engineering Ltd (8ME) Moving Averages

Jan 09, 2025, 08:05 AM
Period
Simple
Exponential
MA5
0.14Buy
0.14Buy
MA10
0.14Sell
0.14Buy
MA20
0.14Buy
0.14Sell
MA50
0.15Sell
0.15Sell
MA100
0.16Sell
0.16Sell
MA200
0.17Sell
0.17Sell
Matrix Composites & Engineering Ltd’s (8ME) 10-Day exponential moving average is 0.14, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.138, making it a Buy.
Matrix Composites & Engineering Ltd’s (8ME) 100-Day exponential moving average is 0.16, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.138, making it a Sell.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.138 and Matrix Composites & Engineering Ltd’s (8ME) 50-day simple moving average is 0.15, creating a Sell signal.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.138 and Matrix Composites & Engineering Ltd’s (8ME) 100-day simple moving average is 0.16, creating a Sell signal.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.138 and Matrix Composites & Engineering Ltd’s (8ME) 200-day simple moving average is 0.17, creating a Sell signal.

Matrix Composites & Engineering Ltd (8ME) Technical Indicators

Jan 09, 2025, 08:05 AM
Name
Value
Implied Action
RSI (14)
47.97
Neutral
STOCH (9,6)
94.44
Sell
STOCHRSI (14)
89.36
Sell
MACD (12,26)
>-0.01
Sell
ADX (14)
5.18
Buy
Williams %R
-16.67
Sell
CCI (14)
-6.94
Neutral
ATR (14)
<0.01
-
Ultimate Oscillator
92.12
Buy
ROC
16.67
Buy
Matrix Composites & Engineering Ltd’s (8ME) Relative Strength Index (RSI) is 47.97, creating a Neutral signal.
Matrix Composites & Engineering Ltd’s (8ME) Trend Strength Indicator (ADX) is 5.18, creating a Buy signal.
Matrix Composites & Engineering Ltd’s (8ME) Commodity Channel Index (CCI) is -6.94, creating a Neutral signal.
Matrix Composites & Engineering Ltd’s (8ME) Price Rate of Change (ROC) is 16.67, creating a Buy signal.

FAQ

Is 8ME a Buy, Hold, or Sell?
Based on 8ME’s technical indicators, 8ME is a Sell.
    What is 8ME’s RSI (14)?
    8ME’s RSI (14) is 47.97, which suggests 8ME is a Neutral.
      What is 8ME’s MACD?
      8ME’s MACD is >-0.01, which suggests 8ME is a Sell.
        What is 8ME’s 5-day moving average?
        8ME’s 5-day moving average is 0.14, which suggests 8ME is a Buy.
          What is 8ME’s 20-day moving average?
          8ME 20-day moving average is 0.14, which suggests 8ME is a Buy.
            What is 8ME’s 50-day moving average?
            8ME’s 50-day moving average is 0.15, which suggests 8ME is a Sell.
              What is 8ME’s 200-day moving average?
              8ME’s 200-day moving average is 0.17, which suggests 8ME is a Sell.
                What is 8ME’s Williams % R (14)?
                8ME’s Williams % R (14) is -16.67, which suggests 8ME is a Sell.
                  What is 8ME’s CCI (14)?
                  8ME’s CCI (14) is -6.94, which suggests 8ME is a Neutral.
                    What is the share price of Matrix Composites & Engineering Ltd?
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