M44 Technical Analysis - MARA HOLDINGS INC

Technical Rating and Analysis

Overall M44 gets a technical rating of 2 out of 10. M44 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, M44 is a bad performer in the overall market: 100% of all stocks are doing better.

M44 is part of the Software industry. There are 103 other stocks in this industry, of which 77% are performing better than M44.

Warning: M44 has an average volume of 8422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

In the last month M44 has a been trading in the 12.50 - 14.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MARA HOLDINGS INC / M44 Weekly stock chart

MARA HOLDINGS INC / M44 Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, M44 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.87, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.14

14.15

When analyzing the support we can see 2 important areas.

A support zone ranging from 12.52 to 12.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @12.26 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 13.42 to 13.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 14.01 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for M44.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for M44.DE is neutral.
ChartMill Relative Strength	0	NEGATIVE	M44.DE has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of M44.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of M44.DE is below a declining SMA(50).
Relative Strength Index/RSI (14)	47.79	NEUTRAL	The RSI value for M44.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.07	POSITIVE	The MACD value suggests M44.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	62.08	NEUTRAL	The Stochastics value for M44.DE is a neutral value.
Average True Range in percent/ATR (20)	4.75	MEDIUM VOLATILITY	The ATR as a percentage value for M44.DE suggests some volalility.
Average Directional Index/ADX (14)	11.82	NEGATIVE	The low ADX value for M44.DE suggests a weak or negative trend.