MERLIN PROP.

- EUR (-)

- 15 min delayed data - Spain Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MRL
ISIN:	ES0105025003

MERLIN PROP. - 1H - Technical analysis published on 02/06/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 11.03 EUR

My targets

11.37 EUR (+2.03%)

11.60 EUR (+4.12%)

My analysis

The bullish trend is currently very strong on MERLIN PROP.. As long as the price remains above the support at 11.03 EUR, you could try to benefit from the boom. The first bullish objective is located at 11.37 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.60 EUR as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

MERLIN PROP. rating 11.14 EUR. On the day, this instrument lost -0.09% and was traded between 11.03 EUR and 11.22 EUR over the period. The price is currently at +1.00% from its lowest and -0.71% from its highest.

11.03

11.22

11.14

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of MERLIN PROP. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.67	10.93	11.03	11.14	11.19	11.37	11.60
Change (%)	-4.25%	-1.93%	-1.00%	-	+0.43%	+2.03%	+4.12%
Change	-0.47	-0.22	-0.11	-	+0.05	+0.23	+0.46
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.80	10.89	11.02	11.11	11.24	11.33	11.46
Camarilla	11.09	11.11	11.13	11.15	11.17	11.19	11.21
Woodie	10.82	10.90	11.04	11.12	11.26	11.34	11.48
Fibonacci	10.89	10.97	11.03	11.11	11.19	11.25	11.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.60	9.92	10.55	10.87	11.50	11.82	12.45
Camarilla	10.92	11.01	11.09	11.18	11.27	11.35	11.44
Woodie	9.76	10.00	10.71	10.95	11.66	11.90	12.61
Fibonacci	9.92	10.28	10.51	10.87	11.23	11.46	11.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.02	9.45	10.32	10.75	11.62	12.05	12.92
Camarilla	10.82	10.94	11.06	11.18	11.30	11.42	11.54
Woodie	9.23	9.56	10.53	10.86	11.83	12.16	13.13
Fibonacci	9.45	9.95	10.26	10.75	11.25	11.56	12.05

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.94
MACD (12,26,9):	0.0500
Directional Movement:	12.94
AROON (14):	85.71
DEMA (21):	11.13
Parabolic SAR (0,02-0,02-0,2):	10.98
Elder Ray (13):	-0.03
Super Trend (3,10):	11.01
Zig ZAG (10):	11.07
VORTEX (21):	1.0000
Stochastique (14,3,5):	58.89
TEMA (21):	11.13
Williams %R (14):	-43.33
Chande Momentum Oscillator (20):	0.14
Repulse (5,40,3):	-0.3700
ROCnROLL:	-1
TRIX (15,9):	0.0700
Courbe Coppock:	3.54

MA7:	10.97
MA20:	10.72
MA50:	10.42
MA100:	10.47
MAexp7:	11.10
MAexp20:	11.06
MAexp50:	10.96
MAexp100:	10.84
Price / MA7:	+1.55%
Price / MA20:	+3.92%
Price / MA50:	+6.91%
Price / MA100:	+6.40%
Price / MAexp7:	+0.36%
Price / MAexp20:	+0.72%
Price / MAexp50:	+1.64%
Price / MAexp100:	+2.77%

Quotes : - 15 min delayed data - Spain Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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