NYSEARCA:MARO - NYSE Arca - US88636R6027 - ETF - Currency: USD
Overall MARO gets a technical rating of 1 out of 10. MARO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MARO 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.
21.02
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 MARO is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARO is down. |
ChartMill Relative Strength | 0 | NEGATIVE | MARO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MARO is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MARO is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 48.24 | NEUTRAL | The RSI value for MARO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests MARO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 13.92 | OVERSOLD | The low Stochastics value suggests MARO may be oversold. |
Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for MARO suggests high volalility. |
Average Directional Index/ADX (14) | 11.84 | NEGATIVE | The low ADX value for MARO suggests a weak or negative trend. |
NYSEARCA:MARO (6/4/2025, 1:09:23 PM)
22.94
+0.29 (+1.28%)