USA - NASDAQ:MARA - US5657881067 - Common Stock
We assign a technical rating of 0 out of 10 to MARA. MARA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MARA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
11.39
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MARA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARA is down. |
| ChartMill Relative Strength | 6.76 | NEGATIVE | MARA has a low relative strength, it was outperformed by 93.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MARA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MARA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MARA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.61 | OVERSOLD | The low RSI value suggests MARA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests MARA has a negative trend. |
| Stochastics (14,3) | 2.22 | OVERSOLD | The low Stochastics value suggests MARA may be oversold. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for MARA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for MARA suggests a strong trend. |
11.51
-0.48 (-4%)
ChartMill assigns a technical rating of 0 / 10 to MARA.
The current trend direction for MARA HOLDINGS INC (MARA) is Bearish.
MARA HOLDINGS INC (MARA) has an RSI value of 22.6143. This indicates that the stock is currently oversold.
The MACD indicator for MARA HOLDINGS INC (MARA) has a value of -0.680727, indicating a bearish trend.
MARA HOLDINGS INC (MARA) has a resistance level at 18.72. Check the full technical report for our detailed analysis of MARA support and resistance levels.