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Melcor Developments Ltd (TSE:MRD)
TSX:MRD

Melcor Developments (MRD) Technical Analysis

16 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Melcor Developments Ltd’s (MRD) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Melcor Developments Ltd is a Sell.
Melcor Developments Ltd’s (MRD) 20-Day exponential moving average is 11.62, while Melcor Developments Ltd’s (MRD) share price is C$11.73, making it a Buy.
Melcor Developments Ltd’s (MRD) 50-Day exponential moving average is 11.58, while Melcor Developments Ltd’s (MRD) share price is C$11.73, making it a Buy.

Melcor Developments (MRD) Pivot Points

Jul 16, 2024, 09:47 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
11.65
11.67
11.67
11.69
11.69
11.71
11.71
Fibonacci
11.67
11.67
11.68
11.69
11.69
11.70
11.71
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.

Melcor Developments (MRD) Moving Averages

Jul 16, 2024, 09:47 AM
Period
Simple
Exponential
MA5
11.64Buy
11.65Buy
MA10
11.61Buy
11.63Buy
MA20
11.62Buy
11.62Buy
MA50
11.60Buy
11.58Buy
MA100
11.45Buy
11.49Buy
MA200
11.28Buy
11.37Buy
Melcor Developments Ltd’s (MRD) 10-Day exponential moving average is 11.63, while Melcor Developments Ltd’s (MRD) share price is C$11.73, making it a Buy.
Melcor Developments Ltd’s (MRD) 100-Day exponential moving average is 11.49, while Melcor Developments Ltd’s (MRD) share price is C$11.73, making it a Buy.
Melcor Developments Ltd’s (MRD) stock price is C$11.73 and Melcor Developments Ltd’s (MRD) 50-day simple moving average is 11.60, creating a Buy signal.
Melcor Developments Ltd’s (MRD) stock price is C$11.73 and Melcor Developments Ltd’s (MRD) 100-day simple moving average is 11.45, creating a Buy signal.
Melcor Developments Ltd’s (MRD) stock price is C$11.73 and Melcor Developments Ltd’s (MRD) 200-day simple moving average is 11.28, creating a Buy signal.

Melcor Developments (MRD) Technical Indicators

Jul 16, 2024, 09:47 AM
Name
Value
Implied Action
RSI (14)
56.31
Neutral
STOCH (9,6)
75.58
Neutral
STOCHRSI (14)
61.49
Neutral
MACD (12,26)
<0.01
Sell
ADX (14)
18.88
Buy
Williams %R
-19.23
Sell
CCI (14)
68.60
Neutral
ATR (14)
0.12
-
Ultimate Oscillator
59.63
Neutral
ROC
0.69
Buy
Melcor Developments Ltd’s (MRD) Relative Strength Index (RSI) is 56.31, creating a Neutral signal.
Melcor Developments Ltd’s (MRD) Trend Strength Indicator (ADX) is 18.88, creating a Buy signal.
Melcor Developments Ltd’s (MRD) Commodity Channel Index (CCI) is 68.60, creating a Neutral signal.
Melcor Developments Ltd’s (MRD) Price Rate of Change (ROC) is 0.69, creating a Buy signal.

FAQ

Is MRD a Buy, Hold, or Sell?
Based on MRD’s technical indicators, MRD is a Strong Buy.
    What is MRD’s RSI (14)?
    MRD’s RSI (14) is 56.31, which suggests MRD is a Neutral.
      What is MRD’s MACD?
      MRD’s MACD is <0.01, which suggests MRD is a Sell.
        What is MRD’s 5-day moving average?
        MRD’s 5-day moving average is 11.64, which suggests MRD is a Buy.
          What is MRD’s 20-day moving average?
          MRD 20-day moving average is 11.62, which suggests MRD is a Buy.
            What is MRD’s 50-day moving average?
            MRD’s 50-day moving average is 11.60, which suggests MRD is a Buy.
              What is MRD’s 200-day moving average?
              MRD’s 200-day moving average is 11.28, which suggests MRD is a Buy.
                What is MRD’s Williams % R (14)?
                MRD’s Williams % R (14) is -19.23, which suggests MRD is a Sell.
                  What is MRD’s CCI (14)?
                  MRD’s CCI (14) is 68.60, which suggests MRD is a Neutral.
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