Technical analysis from Merlin Entertainments (MERL.L, LON:MERL) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Merlin Entertainments
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Merlin Entertainments: Detrended Price Oscillator(20) (10.695)
Detrended Price Oscillator /
Merlin Entertainments: Detrended Price Oscillator(20) (10.695)

[BULLISH]: Merlin Entertainments currently has a confirmed uptrend. Price is currently above the displaced moving average for MERL. Currently, the return on DPO20 is 1.1%.

Merlin Entertainments has moved above the R1 pivot point ($386.734) [Bullish]
Pivot Points /
Merlin Entertainments has moved above the R1 pivot point ($386.734) [Bullish]

Merlin Entertainments has broken the first resistance point ($386.734) [Bullish]. Look for a long limit order entry near this point. Exit price for MERL should be set @$388.667 & Stoploss for Merlin Entertainments should be set between $378.067 & $376.134

Short White Candle /
MERL Basic Candle: Short White

[BULLISH WEAK]: Merlin Entertainments has formed a Short White candlestick. This means, MERL has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Close Tod Vs Range Tod /
Daily trading for MERL indicated buyers are now in control

MERL: Close versus price range Current Signal ->(1) 22 Jun: BULLISH (2) 21 Jun: BEARISH (3) 20 Jun: NEUTRAL

Ease of Movement /
Recent trading was only supported by low volume for Merlin Entertainments

MERL: EOM Current Signal -> (1) 22 Jun: BULLISH EASY (2) 21 Jun: NEUTRAL (3) 20 Jun: BULLISH EASY

Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for MERL

MERL: UIC Recent Trading -> (1) 22 Jun: 2.13 (2) 21 Jun: 2.269 (3) 20 Jun: 2.415

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Moving Average Envelope /
Oversold signal continues for Merlin Entertainments indicating upward price movement is likely

[BULLISH]: Merlin Entertainments current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 359.993.

Woodie Pivot Point /
Long positions for Merlin Entertainments should be set between $383.725 & $387.45

Merlin Entertainments has broken the first Woodie resistance point ($387.45) [Bullish]. Look for a long limit order entry near this point. Exit price for MERL should be set @$389.025 & Stoploss for Merlin Entertainments should be set at $378.425

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Merlin Entertainments: 2nd timeframe trend Uptrend remains intact
Medium Trend /
Merlin Entertainments: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Merlin Entertainments has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 19 2018.

Range for MERL has not surpassed the range of the previous trading session
Price Range /
Range for MERL has not surpassed the range of the previous trading session

[BEARISH]: Merlin Entertainments current downtrend in the first timeframe. Currently, the Range is $5.3.

MACD Volume /
Merlin Entertainments: Volume MACD oscillator (-196451)

[BEARISH]: Merlin Entertainments currently has negative Volume MACD of -196451. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Accumulation / Distribution /
Traders are currently Distributing Merlin Entertainments

[BEARISH]: Merlin Entertainments current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -5.24569e+006.

Elders Force Index /
Bullish conditions for MERL are likely to continue based on EFI (8.99137e+006)

[BULLISH]: Merlin Entertainments current price has highlighted recent buying pressure. Currently, the Elders Force Index is 8.99137e+006.

[Uptrend]: Recent trading for MERL indicates ST trend is likely to continue
Sine Weighted Moving Average /
[Uptrend]: Recent trading for MERL indicates ST trend is likely to continue

[BULLISH]: Merlin Entertainments currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.1%.

OBV: Accumulation still active for Merlin Entertainments
On Balance Volume /
OBV: Accumulation still active for Merlin Entertainments

[BULLISH]: Merlin Entertainments current price has highlighted recent accumulation. Currently, the OBV is 2.03493e+007.

Opening Price /
Recent trading for Merlin Entertainments has opened -0.7 % lower than previous session

[BEARISH]: Merlin Entertainments opening price has gapped down. Currently, the OPEN is $380 (-0.7 %).

Percentage Volume /
[Bullish]: Merlin Entertainments currently has positive PVO 2.46

[BULLISH]: Merlin Entertainments currently has positive PVO 2.46%. The recent volume is gaining momentum through a rise on the short term exponential moving average.

Average Directional Movement /
Merlin Entertainments has signalled an Average Directional Index strong trend present

[Trend]: ADX for MERL has confirmed a strong trend is present. Merlin Entertainments has an ATR(14) of 7.725, a DX of 23.63 & an ADX(14) of 25.02

The current price is still gaining momentum through a rise for MERL on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for MERL on the short term EMA.

[BULLISH]: Merlin Entertainments currently has positive PPO 0.933%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

MERL: Current trading activity signals DVI distribution is active
Daily Volume Index /
MERL: Current trading activity signals DVI distribution is active

MERL: DVI Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

A short term Hook Reversal has formed with Merlin Entertainments
Hook Reversal /
A short term Hook Reversal has formed with Merlin Entertainments

[BULLISH]: A short term Hook Reversal has formed with Merlin Entertainments which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 5 occurrences of this bar reversal giving a signal probability of 1.9%.

Momentum /
Merlin Entertainments has initiated a positive momentum of 5.3

[BULLISH CROSSOVER]: Merlin Entertainments currently has positive momentum of 5.3. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 1.1%. The largest upward momentum rally for the last 3 months is 6 days producing a return of 4%.

Volume Rate of Change /
14-day volume rate of change is decreasing for Merlin Entertainments

[BEARISH]: Merlin Entertainments currently has negative rate of change of -22%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.1%.

Average True Range /
Average True Range for Merlin Entertainments has signalled an downtrend is active

MERL: Average True Range Recent Trading -> (1) 22 Jun: 7.725 (2) 21 Jun: 7.912 (3) 20 Jun: 7.959

Chaikin Money Flow /
Merlin Entertainments: Bearish relationship forming between price & volume

[BEARISH]: Merlin Entertainments current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.16. MERL The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.2

Merlin Entertainments: Daily low performance (0.3 %)
Low Price /
Merlin Entertainments: Daily low performance (0.3 %)

[BEARISH]: Merlin Entertainments current uptrend in the first timeframe. Currently, the Low is $380 (0.3 %).

Weighted Moving Average(5) signal is confirmed for Merlin Entertainments indicating upward price movement is likely
Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Merlin Entertainments indicating upward price movement is likely

MERL: WMA Current Signal -> (1) 22 Jun: BULLISH CROSSOVER (2) 21 Jun: BEARISH CROSSOVER (3) 20 Jun: BULLISH CROSSOVER

Demarks Pivot Points /
Merlin Entertainments has moved above the R1 DeMark pivot point ($383.85) [Bullish]

Merlin Entertainments has broken the first DeMark resistance point ($383.8500) [Bullish]. Look for a long limit order entry near this point. Exit price for MERL should be set @$387.7 & Stoploss for Merlin Entertainments should be set at $382.4

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