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Wm. Morrison Supermarkets plc (MRW.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017NoneBearish EngulfingFri, 10 Nov 2017-2.78%
***Stock database and scans are updated around midnight (London time) every trading day.
210.10 0.00 (0%) Nov 20 9:00pm GMT
Open: 209.00 Range: 208.50 - 211.20 Vol: 3.82M Avg Vol: 9.63M
EPS: 15.10 P/E ratio: 14.88 EBITDA: 922.00M Mkt Cap: 5.23B
Analyze "MRW.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 209.18
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 218.77
Last Trade is below the 50 day moving average at 228.37
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 238.92
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of MRW.L

Stock Trend Analysis - Buy, Sell or Hold "Wm. Morrison Supermarkets plc" (MRW.L)?

Although MRW.L is currently trading below its 200 day moving average, it is prudent to note that in the last 52 weeks, MRW.L has been trading above the 200 day moving average for 82% of the time with an average daily volume of 9.6M shares changing hands. This could portend a sustained reversal in trend, or just a slight bump in the road prior to resuming its bullish bias.For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is very weak and displaying very bearish bias. MRW.L may be due for an oversold bounce, but objectively, as long as MRW.L is trading below its 200 SMA, rallies will be sold into. 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 "MRW.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