MARE ENGINEERING GROUP SPA (MARE.MI) Stock Technical Analysis
BIT:MARE - Euronext Milan - IT0005588626 - Common Stock - Currency: EUR
Taking everything into account, MARE scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MARE is a bad performer in the overall market: 100% of all stocks are doing better.
MARE is part of the Professional Services industry. There are 30 other stocks in this industry, of which 86% are performing better than MARE.
In the last month MARE has a been trading in the 3.40 - 4.38 range, which is quite wide. It is currently trading near the lows of this range.
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
4.38
When analyzing the support we notice one important 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.76 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.91 from a trend line in the weekly time frame.
- Resistance @4.07 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for MARE.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARE.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MARE.MI has a low relative strength, it was outperformed by 100% 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) | DOWN | NEGATIVE | The current price of MARE.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 39.69 | NEUTRAL | The RSI value for MARE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MARE.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.99 | OVERSOLD | The low Stochastics value suggests MARE.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for MARE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for MARE.MI suggests a strong 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)
BIT:MARE (6/24/2025, 7:00:00 PM)
3.49
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0%
1 Week-4.12%
2 Weeks-15.09%
1 Month-2.79%
3 Month-17.2%
6 Month-21.13%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%5.62%
ATR Inc-64.78%
Range Today0.05
ADR(20)0.16
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.1
10 Day Low3.46
20 Day High4.38
20 Day Low3.4
52 Week HighN/A
52 Week LowN/A
CS1 End3.23
CR1 Start3.76
Volume & EV
DER(3)0%
DER(5)0%
Volume29.08K
Volume Incr-11.98%
Vol(5)30.30K
Vol(50)33.14K