MARA Technical Analysis - MARA HOLDINGS INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to MARA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MARA is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, MARA did better than 82% of all other stocks.

MARA is one of the better performing stocks in the Software industry, it outperforms 73% of 285 stocks in the same industry.

MARA has an average volume of 60773000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

MARA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MARA is lagging the market.

In the last month MARA has a been trading in the 15.72 - 23.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MARA HOLDINGS INC / MARA Weekly stock chart

MARA HOLDINGS INC / MARA Daily stock chart

Setup Rating and Analysis

Besides having an excellent technical rating, MARA also presents a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

15.23

26.98

We found 5 important support areas.

A support zone ranging from 18.65 to 18.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 17.16 to 17.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 16.43 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @15.72 from a trend line in the weekly time frame.
Support @15.38 from a horizontal line in the daily time frame.

We found 1 important resistance area.

Resistance @26.71 from a horizontal line in the weekly time frame.

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for MARA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MARA is up.
ChartMill Relative Strength	82.08	POSITIVE	MARA has a high relative strength, it outperformed 82.08% off all stocks 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	POSITIVE	The current price of MARA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of MARA is above the rising SMA(200).
Relative Strength Index/RSI (14)	57.18	NEUTRAL	The RSI value for MARA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests MARA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	43.89	NEUTRAL	The Stochastics value for MARA is a neutral value.
Average True Range in percent/ATR (20)	8.78	HIGH VOLATILITY	The high ATR as a percentage value for MARA suggests high volalility.
Average Directional Index/ADX (14)	31.92	POSITIVE	The high ADX value value for MARA suggests a strong trend.