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Merlin Entertainments plc (MERL.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017Bearish EngulfingBullish EngulfingMon, 06 Nov 2017-2.13%
***Stock database and scans are updated around midnight (London time) every trading day.
372.40 0.00 (0%) Nov 20 9:00pm GMT
Open: 377.40 Range: 372.40 - 378.00 Vol: 4.26M Avg Vol: 3.51M
EPS: 20.70 P/E ratio: 18.25 EBITDA: 469.00M Mkt Cap: 3.85B
Analyze "MERL.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 377.18
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 376.69
Last Trade is below the 50 day moving average at 413.72
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 467.39
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MERL.L

Stock Trend Analysis - Buy, Sell or Hold "Merlin Entertainments plc" (MERL.L)?

MERL.L is trading below its 200 day moving average and objectively, many will consider the long term trend to be down. Care must however be taken with this view as in its last 52 week trading history, it is noted that MERL.L has been range bound with a slight upward bias, having traded above the 200 SMA about 51% of the time. The medium term trend for MERL.L is extremely bearish and weak, having traded almost 93% of the time below the 50 day moving average. The 20 day moving average is indicating range bound trading, also with a bearish bias. Objectively, as long as MERL.L is trading below its 200 SMA, rallies will be sold into and traders can expect a lot of resistance near the 200 SMA currently at 467.39. Technically there are too many uncertainties to recommend a buy on this stock at this moment. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "MERL.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 20 Nov 2017
United Kingdom Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance