MARA HOLDINGS INC (MARA) Stock Technical Analysis
NASDAQ:MARA - Nasdaq - US5657881067 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MARA. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MARA is a bad performer in the overall market: 66% of all stocks are doing better.
MARA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MARA is lagging the market.
In the last month MARA has a been trading in the 13.93 - 17.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MARA has an average volume of 44635000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MARA is part of the Software industry. There are 284 other stocks in this industry, MARA did better than 46% of them.
MARA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.11, a Stop Loss order could be placed below this zone.
More info and screens
11.69
26.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.11 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.81 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.81 to 14.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.07 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.91 from a horizontal line in the daily time frame.
- Resistance @26.71 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MARA is neutral. |
| ChartMill Relative Strength | 34.42 | NEUTRAL | MARA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MARA is above the rising 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) | 46.27 | NEUTRAL | The RSI value for MARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MARA has a negative trend. |
| Stochastics (14,3) | 38.57 | NEUTRAL | The Stochastics value for MARA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for MARA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for MARA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.67
-0.65 (-4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.24%
1 Week-11.04%
2 Weeks-4.31%
1 Month-10.11%
3 Month18.5%
6 Month-26.5%
12 Month-23.63%
2 Year5.84%
3 Year174.72%
5 Year1512.09%
10 Year-68.38%
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%7.03%
ATR Inc-24.95%
Range Today0.9
ADR(20)0.96
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.42
Mansfield-1.88
10 Day High16.73
10 Day Low14.29
20 Day High17.24
20 Day Low13.93
52 Week High30.28
52 Week Low9.81
CS1 End14.11
CR1 Start14.81
Volume & EV
DER(3)-1.82%
DER(5)-1.24%
Volume54.62M
Volume Incr-3.74%
Vol(5)46.46M
Vol(50)44.63M