MARE ENGINEERING GROUP SPA (MARE.MI) Stock Technical Analysis
BIT:MARE • IT0005588626
Overall MARE gets a technical rating of 1 out of 10. MARE'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.
- 80% of all other stocks performed better in the past year than MARE.
- MARE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MARE is an average performer in the Professional Services industry, it outperforms 63% of 34 stocks in the same industry.
- MARE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MARE is lagging the market.
MARE has a poor technical rating and the quality of the setup is also not perfect 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
3.17
3 important support areas can be observed.
- Support @3.66 from a trend line in the daily time frame.
- Support @3.60 from a horizontal line in the daily time frame.
- A support zone ranging from 3.20 to 3.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.82 to 3.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.93 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.04 from a trend line in the daily time frame.
- A resistance zone ranging from 4.24 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 20.84 | NEGATIVE | MARE.MI has a low relative strength, it was outperformed by 79.16% 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) | 44.11 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 31.56 | NEUTRAL | The Stochastics value for MARE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for MARE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for MARE.MI suggests a possible start of a new trend. |
BIT:MARE (2/11/2026, 7:00:00 PM)
3.76
+0.08 (+2.17%)
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 1 / 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 44.1119. 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 -0.0457336, 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 3.66 and a resistance level at 3.82. Check the full technical report for our detailed analysis of MARE.MI support and resistance levels.