MARQETA INC-A (MQ) Technical Analysis
NASDAQ:MQ • US57142B1044
Current stock price
MQ Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MQ. MQ 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, MQ is a bad performer in the overall market: 73% of all stocks are doing better.
- MQ 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.
- MQ has an average volume of 3872210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MQ is an average performer in the Financial Services industry, it outperforms 51% of 99 stocks in the same industry.
- In the last month MQ has a been trading in the 3.82 - 4.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MQ Weekly and Daily overview Charts
MQ Setup Rating and Analysis
Although the technical rating is bad, MQ does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.05, a Stop Loss order could be placed below this zone.
More info and screens
MQ Support and Resistance Analysis
3.54
3 important support areas can be observed.
- A support zone ranging from 4.00 to 4.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.83 to 3.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.58 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @4.24 from a horizontal line in the daily time frame.
- Resistance @4.31 from a horizontal line in the daily time frame.
MQ Technical Indicator Signal Analysis
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 MQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MQ is neutral. |
| ChartMill Relative Strength | 27.74 | NEGATIVE | MQ has a low relative strength, it was outperformed by 72.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MQ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for MQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MQ has a positive trend. |
| Stochastics (14,3) | 33.66 | NEUTRAL | The Stochastics value for MQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MQ suggests some volalility. |
| Average Directional Index/ADX (14) | 12.79 | NEGATIVE | The low ADX value for MQ suggests a weak or negative trend. |
MQ Chart- and CandleStick Pattern Analysis
MQ Technicals: Chart, Performance Metrics, Trend & Indicators
4.06
+0.03 (+0.74%)
MARQETA INC-A / MQ TA FAQ
What is the ChartMill technical rating of MARQETA INC-A (MQ) stock?
ChartMill assigns a technical rating of 1 / 10 to MQ.
What is the trend direction for MQ stock?
The current trend direction for MARQETA INC-A (MQ) is Bearish.
Can you provide the RSI signal for MARQETA INC-A?
MARQETA INC-A (MQ) has an RSI value of 50.9984. This indicates that the stock is currently neutral.
What is the MACD signal for MQ stock?
The MACD indicator for MARQETA INC-A (MQ) has a value of 0.00197065, indicating a bearish trend.
What is the short term momentum for MQ stock?
The short term momentum for MARQETA INC-A (MQ) is neutral.