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Melrose Industries PLC (MRO.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 27 Jun 2017NoneHanging ManMon, 12 Jun 20174.21%
***Stock database and scans are updated around midnight (London time) every trading day.
247.60 0.00 (0%) Jun 28 9:35pm BST
Open: 250.00 Range: 244.10 - 250.00 Vol: 7.01M Avg Vol: 7.39M
EPS: -2.60 P/E ratio: 0.00 EBITDA: 95.40M Mkt Cap: 4.74B
Analyze "MRO.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 245.08
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 238.77
Last Trade is above the 50 day moving average at 236.20
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 202.33
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MRO.L

Stock Trend Analysis - Buy, Sell or Hold "Melrose Industries PLC" (MRO.L)?

MRO.L is in a very strong uptrend. In the last 52 weeks, MRO.L has been trading above the 200 day moving average for 100% of the time with an average daily volume of 7.4M shares being traded. In the medium term, the 50 day moving average, currently at 236.20 for MRO.L is also very bullish, indicating good swing trading opportunities for longs. The 20 day moving average is however indicating a predominance of range bound trading but still with a bullish bias. MRO.L may experience some profit taking due to its strong performance thus far, so it may be prudent to lighten up on strength or sudden upward momentum. Good places to re-enter MRO.L are at the 50 and 200 SMAs currently at 236.20 and 202.33 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "MRO.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 27 Jun 2017
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