MARE ENGINEERING GROUP SPA (MARE.MI) Stock Technical Analysis
Europe - Euronext Milan - 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.
Besides having an excellent technical rating, MARE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.95, a Stop Loss order could be placed below this zone.
More info and screens
3.15
3 important support areas can be observed.
- A support zone ranging from 3.84 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 4.14 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 | 79.31 | POSITIVE | MARE.MI has a high relative strength, it outperformed 79.31% off all stocks 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) | 57.39 | NEUTRAL | The RSI value for MARE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MARE.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.26 | NEUTRAL | The Stochastics value for MARE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for MARE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for MARE.MI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.27 | 3.84 | 0.43 (10.07%) | 9.93% |
| An entry @4.27. This is a Buy Stop order right above the resistance zone. | An exit @3.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.43 points, which is 10.07%. | For a 1.00% total portfolio risk, you can invest 9.93% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:MARE (11/26/2025, 7:00:00 PM)
4.06
+0.16 (+4.1%)
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 57.3901. This indicates that the stock is currently neutral.
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.