Taking everything into account, MARA scores 0 out of 10 in our technical rating. MARA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MARA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
11.61
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 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 | 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 | 7.38 | NEGATIVE | MARA has a low relative strength, it was outperformed by 92.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MARA is above 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) | 40.26 | NEUTRAL | The RSI value for MARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests MARA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.19 | NEUTRAL | The Stochastics value for MARA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for MARA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for MARA suggests a strong trend. |
11.92
-0.33 (-2.69%)
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 40.2583. This indicates that the stock is currently neutral.
The MACD indicator for MARA HOLDINGS INC (MARA) has a value of 0.320254, indicating a bearish trend.
MARA HOLDINGS INC (MARA) has a support level at 11.78 and a resistance level at 12.48. Check the full technical report for our detailed analysis of MARA support and resistance levels.