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

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 18 Aug 2017NoneMorning StarMon, 14 Aug 2017-0.78%
***Stock database and scans are updated around midnight (London time) every trading day.
230.30 0.00 (0%) Aug 18 9:35pm BST
Open: 232.30 Range: 228.50 - 235.00 Vol: 3.38M Avg Vol: 6.22M
EPS: -2.60 P/E ratio: 0.00 EBITDA: 95.40M Mkt Cap: 4.35B
Analyze "MRO.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 233.10
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 232.88
Last Trade is below the 50 day moving average at 239.27
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 218.67
* 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 long term trading range with a downward bias. This stock has traded about 68% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 6.2M shares changing hands. The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is very weak and shows strong bearish characteristics. Although still too early to confirm and the longer term trend is still up, this may be an indication of a trend reversal taking shape. Buyers need to be cautious and pick levels which may have significant support such as the 200 SMA currently at 218.67. 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 - Fri, 18 Aug 2017
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