tiprankstipranks
Matrix Composites & Engineering Ltd (DE:8ME)
FRANKFURT:8ME

Matrix Composites & Engineering Ltd (8ME) Technical Analysis

0 Followers

Summary of all the Indicators

Overall Consensus
Buy
15Bullish
3Neutral
4Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
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 0.19, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.191, making it a Buy.
Matrix Composites & Engineering Ltd’s (8ME) 50-Day exponential moving average is 0.18, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.191, making it a Buy.

Matrix Composites & Engineering Ltd (8ME) Pivot Points

Jul 22, 2024, 07:22 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.19
0.19
0.19
0.19
0.19
0.19
0.19
Fibonacci
0.19
0.19
0.19
0.19
0.19
0.19
0.19
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

Jul 22, 2024, 07:22 PM
Period
Simple
Exponential
MA5
0.19Sell
0.19Sell
MA10
0.19Buy
0.19Buy
MA20
0.18Buy
0.19Buy
MA50
0.18Buy
0.18Buy
MA100
0.19Buy
0.18Buy
MA200
0.17Buy
0.17Buy
Matrix Composites & Engineering Ltd’s (8ME) 10-Day exponential moving average is 0.19, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.191, making it a Buy.
Matrix Composites & Engineering Ltd’s (8ME) 100-Day exponential moving average is 0.18, while Matrix Composites & Engineering Ltd’s (8ME) share price is €0.191, making it a Buy.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.191 and Matrix Composites & Engineering Ltd’s (8ME) 50-day simple moving average is 0.18, creating a Buy signal.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.191 and Matrix Composites & Engineering Ltd’s (8ME) 100-day simple moving average is 0.19, creating a Buy signal.
Matrix Composites & Engineering Ltd’s (8ME) stock price is €0.191 and Matrix Composites & Engineering Ltd’s (8ME) 200-day simple moving average is 0.17, creating a Buy signal.

Matrix Composites & Engineering Ltd (8ME) Technical Indicators

Jul 22, 2024, 07:22 PM
Name
Value
Implied Action
RSI (14)
55.31
Neutral
STOCH (9,6)
76.10
Neutral
STOCHRSI (14)
82.54
Sell
MACD (12,26)
<0.01
Sell
ADX (14)
10.78
Buy
Williams %R
-33.33
Buy
CCI (14)
84.62
Neutral
ATR (14)
<0.01
-
Ultimate Oscillator
75.60
Buy
ROC
5.56
Buy
Matrix Composites & Engineering Ltd’s (8ME) Relative Strength Index (RSI) is 55.31, creating a Neutral signal.
Matrix Composites & Engineering Ltd’s (8ME) Trend Strength Indicator (ADX) is 10.78, creating a Buy signal.
Matrix Composites & Engineering Ltd’s (8ME) Commodity Channel Index (CCI) is 84.62, creating a Neutral signal.
Matrix Composites & Engineering Ltd’s (8ME) Price Rate of Change (ROC) is 5.56, creating a Buy signal.

FAQ

Is 8ME a Buy, Hold, or Sell?
Based on 8ME’s technical indicators, 8ME is a Buy.
    What is 8ME’s RSI (14)?
    8ME’s RSI (14) is 55.31, 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 0.19, which suggests 8ME is a Sell.
          What is 8ME’s 20-day moving average?
          8ME 20-day moving average is 0.18, which suggests 8ME is a Buy.
            What is 8ME’s 50-day moving average?
            8ME’s 50-day moving average is 0.18, which suggests 8ME is a Buy.
              What is 8ME’s 200-day moving average?
              8ME’s 200-day moving average is 0.17, which suggests 8ME is a Buy.
                What is 8ME’s Williams % R (14)?
                8ME’s Williams % R (14) is -33.33, which suggests 8ME is a Buy.
                  What is 8ME’s CCI (14)?
                  8ME’s CCI (14) is 84.62, which suggests 8ME is a Neutral.
                    What is the share price of Matrix Composites & Engineering Ltd?
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis