MARR SPA (MARR.MI) Stock Technical Analysis
BIT:MARR - Euronext Milan - IT0003428445 - Common Stock - Currency: EUR
Taking everything into account, MARR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MARR was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, MARR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.48 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.89 to 9.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.06 to 10.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.38 from a horizontal line in the daily time frame.
- Resistance @10.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.12 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MARR.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MARR.MI is up. |
| ChartMill Relative Strength | 18.45 | NEGATIVE | MARR.MI has a low relative strength, it was outperformed by 81.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MARR.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MARR.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MARR.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.89 | NEUTRAL | The RSI value for MARR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MARR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.72 | NEUTRAL | The Stochastics value for MARR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MARR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for MARR.MI suggests a strong trend. |
BIT:MARR (7/11/2025, 7:00:00 PM)
9.75
-0.05 (-0.51%)