Technical Analysis for MELR - Melrose Bancorp

Grade Last Price % Change Price Change
grade A 24.7 0.00% 0.0000
MELR closed unchanged on Monday, February 24, 2020, on 22 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Very Strong N/A Up Flat
Historical MELR trend table...

Date Alert Name Type % Chg
Boomer Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
Crossed Above 20 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Older signals for MELR ...

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Melrose Bancorp, Inc. operates as the bank holding company for Melrose Bank that provides various banking products and services. The company offers various deposit products and services, such as certificate of deposit accounts, savings accounts, money market accounts, and demand and NOW accounts. Its loan products include one- to four-family residential real estate loans, home equity lines of credit, commercial real estate loans, construction loans, and consumer loans. The company also provides online and mobile banking services. It serves individuals, families, and businesses through a full-service banking office in Melrose, Massachusetts. Melrose Bancorp, Inc. was founded in 1890 and is based in Melrose, Massachusetts.
Bank Banking Mobile Banking Deposit Products Banking Products Real Estate Loans Green Bank Loan Products Mobile Banking Services Residential Real Estate Loans Economy Of Texas

Is MELR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 24.845
52 Week Low 17.46
Average Volume 12,966
200-Day Moving Average 0.0000
50-Day Moving Average 23.3037
20-Day Moving Average 24.6795
10-Day Moving Average 24.6580
Average True Range 0.0670
ADX 53.14
+DI 59.9701
-DI 23.0300
Chandelier Exit (Long, 3 ATRs ) 24.6440
Chandelier Exit (Short, 3 ATRs ) 24.7010
Upper Bollinger Band 24.8045
Lower Bollinger Band 24.5545
Percent B (%b) 0.58
BandWidth 1.0130
MACD Line 0.3055
MACD Signal Line 0.4275
MACD Histogram -0.122
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.7000
Resistance 3 (R3) 24.7000 24.7000 24.7000
Resistance 2 (R2) 24.7000 24.7000 24.7000 24.7000
Resistance 1 (R1) 24.7000 24.7000 24.7000 24.7000 24.7000
Pivot Point 24.7000 24.7000 24.7000 24.7000 24.7000
Support 1 (S1) 24.7000 24.7000 24.7000 24.7000 24.7000
Support 2 (S2) 24.7000 24.7000 24.7000 24.7000
Support 3 (S3) 24.7000 24.7000 24.7000
Support 4 (S4) 24.7000