MARE ENGINEERING GROUP SPA (MARE.MI) Stock Technical Analysis
Europe - BIT:MARE - IT0005588626 - Common Stock
We assign a technical rating of 7 out of 10 to MARE. MARE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although MARE has an excellent technical rating, it does not offer a high 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 important support areas can be observed.
- A support zone ranging from 3.85 to 3.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.53 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.24 from a horizontal line in the weekly time frame.
- Support @3.18 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- 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 | UP | POSITIVE | The long term trend for MARE.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MARE.MI is up. |
| ChartMill Relative Strength | 56.42 | NEUTRAL | MARE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MARE.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MARE.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 70.71 | OVERBOUGHT | The high RSI value suggests MARE.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MARE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.19 | OVERBOUGHT | The high Stochastics value suggests MARE.MI may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for MARE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for MARE.MI suggests a strong trend. |
BIT:MARE (10/31/2025, 7:00:00 PM)
4.23
-0.02 (-0.47%)
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 7 / 10 to MARE.MI.
Can you provide the trend direction for MARE ENGINEERING GROUP SPA?
The current trend direction for MARE ENGINEERING GROUP SPA (MARE.MI) is Bullish.
Can you provide the RSI signal for MARE ENGINEERING GROUP SPA?
MARE ENGINEERING GROUP SPA (MARE.MI) has an RSI value of 70.7087. This indicates that the stock is currently overbought.
What is the short term momentum for MARE stock?
The short term momentum for MARE ENGINEERING GROUP SPA (MARE.MI) is positive.
Can you provide the buy/sell signal for MARE ENGINEERING GROUP SPA?
The buy/sell signal for MARE ENGINEERING GROUP SPA (MARE.MI) is buy as both the short term and long term trends are positive.