MARINE PETROLEUM TRUST (MARPS) Stock Technical Analysis
NASDAQ:MARPS - Nasdaq - US5684231070 - Currency: USD
We assign a technical rating of 7 out of 10 to MARPS. In the last year, MARPS was one of the better performers, but we do observe some doubts in the very recent evolution.
MARPS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MARPS has a been trading in the 4.20 - 6.98 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MARPS did better than 70% of all other stocks.
MARPS is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 78% of 210 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MARPS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
3.74
5.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.48 to 4.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.31 to 4.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.78 to 3.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.88 from a horizontal line in the daily time frame.
- Resistance @5.40 from a horizontal line in the weekly 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 MARPS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MARPS is neutral. |
| ChartMill Relative Strength | 70.9 | POSITIVE | MARPS has a high relative strength, it outperformed 70.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MARPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MARPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MARPS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for MARPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MARPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.26 | NEUTRAL | The Stochastics value for MARPS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.84 | HIGH VOLATILITY | The high ATR as a percentage value for MARPS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.9 | POSITIVE | The high ADX value value for MARPS suggests a strong 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)
4.49
+0.03 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.67%
1 Week-1.1%
2 Weeks-7.95%
1 Month-36.58%
3 Month15.13%
6 Month2.75%
12 Month16.62%
2 Year-24.54%
3 Year-41.73%
5 Year126.77%
10 Year-31.03%
15 Year-71.49%
Volatility
ATR(14)0.29
ATR(20)%10.84%
ATR Inc-24.29%
Range Today0.26
ADR(20)0.47
ADR(20)%10.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.9
Mansfield0.23
10 Day High4.84
10 Day Low4.33
20 Day High6.98
20 Day Low4.2
52 Week High7.9
52 Week Low3.34
CS1 End4.48
CR1 Start4.88
Volume & EV
DER(3)-16.89%
DER(5)-3.92%
Volume12.30K
Volume Incr-94.37%
Vol(5)13.94K
Vol(50)105.81K