YIELDMAX MARA OPTN IN ST ETF (MARO) Stock Technical Analysis
NYSEARCA:MARO - NYSE Arca - US88636R6027 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to MARO. MARO'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.
When comparing the yearly performance of all stocks, MARO is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month MARO has a been trading in the 19.22 - 24.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MARO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MARO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.17
26.19
2 important support areas can be observed.
- Support @21.68 from a trend line in the daily time frame.
- Support @20.37 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.13 to 22.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.72 to 23.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.93 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 MARO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MARO is neutral. |
| 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 | NEGATIVE | The current price of MARO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for MARO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MARO has a positive trend. |
| Stochastics (14,3) | 49.56 | NEUTRAL | The Stochastics value for MARO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MARO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.11 | NEGATIVE | The low ADX value for MARO suggests a weak or negative 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)
21.75
-0.15 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week3.62%
2 Weeks-3.03%
1 Month0.51%
3 Month13.46%
6 Month-44.81%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.26%
ATR Inc-24.79%
Range Today0.73
ADR(20)0.84
ADR(20)%3.85%
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 High22.43
10 Day Low19.22
20 Day High24.09
20 Day Low19.22
52 Week HighN/A
52 Week LowN/A
CS1 End20.3
CR1 Start22
Volume & EV
DER(3)0.8%
DER(5)5.41%
Volume76.95K
Volume Incr-30.2%
Vol(5)103.74K
Vol(50)131.18K