MARE ENGINEERING GROUP SPA (MARE.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:MARE • IT0005588626
Taking everything into account, MARE scores 2 out of 10 in our technical rating. MARE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, MARE is a bad performer in the overall market: 78% of all stocks are doing better.
- MARE 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 MARE has a been trading in the 3.49 - 4.24 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- MARE is an average performer in the Professional Services industry, it outperforms 63% of 34 stocks in the same industry.
The technical rating of MARE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.15
We found 1 important support area.
- A support zone ranging from 3.18 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.95 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.07 to 4.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.24 from a horizontal line in the weekly time frame.
- Resistance @4.34 from a horizontal line in the daily 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 MARE.MI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARE.MI is down. |
| ChartMill Relative Strength | 22.73 | NEGATIVE | MARE.MI has a low relative strength, it was outperformed by 77.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MARE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MARE.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MARE.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.27 | NEUTRAL | The RSI value for MARE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MARE.MI has a negative trend. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for MARE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MARE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.73 | NEGATIVE | The low ADX value for MARE.MI suggests a weak or negative trend. |
BIT:MARE (2/2/2026, 7:00:00 PM)
3.69
+0.06 (+1.65%)
MARE ENGINEERING GROUP SPA / MARE.MI FAQ
What is the ChartMill technical rating of MARE ENGINEERING GROUP SPA (MARE.MI) stock?
ChartMill assigns a technical rating of 2 / 10 to MARE.MI.
What is the trend direction for MARE stock?
The current trend direction for MARE ENGINEERING GROUP SPA (MARE.MI) is Bearish.
What is the RSI signal for MARE ENGINEERING GROUP SPA (MARE.MI) stock?
MARE ENGINEERING GROUP SPA (MARE.MI) has an RSI value of 39.2676. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MARE ENGINEERING GROUP SPA?
The MACD indicator for MARE ENGINEERING GROUP SPA (MARE.MI) has a value of -0.0537136, indicating a bearish trend.
What is the support and resistance level for MARE stock?
MARE ENGINEERING GROUP SPA (MARE.MI) has a support level at 3.23 and a resistance level at 3.95. Check the full technical report for our detailed analysis of MARE.MI support and resistance levels.