USA - NASDAQ:MAR - US5719032022 - Common Stock
We assign a technical rating of 2 out of 10 to MAR. MAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MAR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 260.19, a Stop Loss order could be placed below this zone.
211.53
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for MAR is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAR is neutral. |
ChartMill Relative Strength | 31.39 | NEUTRAL | MAR is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAR is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MAR is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MAR is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.42 | NEUTRAL | The RSI value for MAR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests MAR has a negative trend. |
Stochastics (14,3) | 26.9 | NEUTRAL | The Stochastics value for MAR is a neutral value. |
Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MAR suggests some volalility. |
Average Directional Index/ADX (14) | 8.25 | NEGATIVE | The low ADX value for MAR suggests a weak or negative trend. |
260.85
+1.81 (+0.7%)