Industrial Engineering (41)

Mitsubhi Electric Corp. (MEL)

Sell: 1,390.00¥

Buy: 0.00¥

Change: -127.48¥ | -8.21%

Last updated n/a. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bullish
Medium term:

Strong Bearish
Long term:

Strong Bearish

Short term comment

The price curve displays a trend bullish placing the price at 2514.427 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 2642.167 and 2708.167 that would warn of an improvement in technical bias.

Long term comment

Although on the 25th of march marked highs at levels at 3020.825, higher levels than the previous reference highs in august 2024 at 2888.179, the current downtrend has lost positions, retreating by -25% and falling again below both levels, with lows, at the moment, in quotas of 2267.000.

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
2510.1670	2543.1670	2562.3330	2595.3330	2609.1670	2642.1670

Alerts

Alerts
Priority	Date	Warning
Medium priority	21/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	21/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	21/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
High priority	21/04/2025	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
High priority	21/04/2025	The price is close to a resistance level so it is recommended to monitor behavior when reaching it.
Medium priority	18/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	18/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	18/04/2025	Being near (below) the short-term moving average may react at least temporarily to the downside, but if it breaks above the level the signal would be reversed to bullish.
High priority	18/04/2025	The price is close to supports. It is recommended to monitor if bulls are back in control when they are reached.
Medium priority	16/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.
Medium priority	16/04/2025	A price above the moving average indicates an upward trend. Consequently, if the price is dragged below, it would change to bearish.

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