MLM Technical Signal Analysis
MLM have 1 buy signal and 4 sell signals now. The current trend is consolidation starting from 2025-03-06. The total price change during this trend is +0.32%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of MLM over last 5 trading day is $417,544,875.70
1 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 10-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-41.09
Bearish
Momentum (10 days)
MOM_10 < 0
-5.69
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-15.51
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
92.79
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Moving Average
Price crosses above 10-day SMA
--
Bullish
MLM Support and Resistance Level
The support levels for MLM are at 453.16, 443.37, and 427.51, while the resistance levels are at 484.87, 494.66, and 510.51. With the current stock price at 477.45, it is leaning more toward the resistance levels.
MLM Technical Analysis
Technical Analysis of MLM Stock
Price and Technical Indicators:
- Current Price: $460.39 (as of 2025-03-07)
- RSI (14): 28.81 (Oversold)
- MACD: -17.73 (Bearish)
- Stochastic K (14): 23.66
- Stochastic D (14): 20.65
- Fibonacci Support 1: $456.02
- Fibonacci Resistance 1: $494.07
Analysis:
The stock is currently in oversold territory based on the RSI and Stochastic Oscillator, suggesting a potential rebound. However, the MACD remains bearish, indicating continued selling pressure. The stock is trading below its 50-day and 200-day moving averages, which is bearish. The Fibonacci support level at $456.02 is crucial—if the stock holds above this level, it could signal a buying opportunity.
Recommendation:
Buy MLM stock at the current price of $460.39, targeting a rebound towards the resistance level of $494.07.
MLM FAQs
Which bull technical signals does MLM have?
Which bearish technical signals does MLM have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for MLM stock?
Is MLM a buy based on overall technical signals summary?
MLM Buy or Sell
MLM has 1 buy signals and 4 sell signals now. Overall the technical rating for MLM is Sell.
Sell
Sell
4
Buy
1
MLM Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 477.45 above the SMA_5. In the short term, the stock shows a negative trend with the 467.94 below the SMA_20. In the mid term, the stock shows a negative trend with the 485.05 below the SMA_60. In the long term, the stock shows a negative trend with the 516.5 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about MLM's current trend?What are MLM's key support and resistance levels?