MARA HOLDINGS INC (MARA) Stock Technical Analysis
NASDAQ:MARA - US5657881067 - Common Stock
15.98 USD
+0.02 (+0.13%)
15.87 USD
-0.11 (-0.69%)
We assign a technical rating of 4 out of 10 to MARA. In the last year, MARA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MARA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MARA has a been trading in the 14.48 - 16.63 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.
MARA has an average volume of 46712600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, MARA outperforms 49% of them, which is more or less in line with the market.
MARA is an average performer in the Software industry, it outperforms 56% of 280 stocks in the same industry.
Although the technical rating is only medium, MARA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.75, a Stop Loss order could be placed below this zone.
More info and screens
12.16
26.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.16 to 15.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.28 from a trend line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 16.06 to 16.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.07 from a trend line in the weekly time frame.
- Resistance @18.48 from a trend line in the daily time frame.
- Resistance @19.99 from a horizontal line in the daily time frame.
- Resistance @20.55 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 | NEUTRAL | NEUTRAL | The long term trend for MARA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARA is down. |
| ChartMill Relative Strength | 49.1 | NEUTRAL | MARA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MARA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MARA is below 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) | 48.9 | NEUTRAL | The RSI value for MARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MARA has a positive trend. |
| Stochastics (14,3) | 67.44 | NEUTRAL | The Stochastics value for MARA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for MARA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.38 | 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)
15.98
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.13%
1 Week-1.9%
2 Weeks1.98%
1 Month3.1%
3 Month13.17%
6 Month14.8%
12 Month-4.31%
2 Year27.13%
3 Year34.85%
5 Year544.36%
10 Year-56.2%
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%5.14%
ATR Inc-40.69%
Range Today0.56
ADR(20)0.79
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.1
Mansfield-1.34
10 Day High16.63
10 Day Low14.48
20 Day High16.63
20 Day Low14.48
52 Week High30.28
52 Week Low9.81
CS1 End15.75
CR1 Start16.06
Volume & EV
DER(3)2.16%
DER(5)1.89%
Volume66.81M
Volume Incr39.87%
Vol(5)56.22M
Vol(50)46.71M