BIT:MARP - Euronext Milan - IT0004376858 - Common Stock - Currency: EUR
Overall MARP gets a technical rating of 1 out of 10. MARP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MARP is bad and it also does not present a 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.
2.29
When analyzing the support we can see 2 important areas.
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MARP.MI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MARP.MI is down. |
ChartMill Relative Strength | 21.3 | NEGATIVE | MARP.MI has a low relative strength, it was outperformed by 78.7% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MARP.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MARP.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 46.43 | NEUTRAL | The RSI value for MARP.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MARP.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 71.32 | NEUTRAL | The Stochastics value for MARP.MI is a neutral value. |
Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for MARP.MI suggests high volalility. |
Average Directional Index/ADX (14) | 25.56 | POSITIVE | The high ADX value value for MARP.MI suggests a strong trend. |
BIT:MARP (6/23/2025, 7:00:00 PM)
2.8
-0.08 (-2.78%)