MARQETA INC-A (MQ) Technical Analysis
NASDAQ:MQ • US57142B1044
Current stock price
MQ Technical Rating and Analysis
Taking everything into account, MQ scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than MQ.
- MQ is one of the lesser performing stocks in the Financial Services industry. 60% of 98 stocks in the same industry do better.
- MQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MQ is lagging the market.
- MQ has an average volume of 4051240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MQ has a been trading in the 3.70 - 4.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MQ Weekly and Daily overview Charts
MQ Setup Rating and Analysis
Although the technical rating is bad, MQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.85, a Stop Loss order could be placed below this zone.
More info and screens
MQ Support and Resistance Analysis
3.54
2 important support areas can be observed.
- A support zone ranging from 3.83 to 3.85. 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.02 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.19 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.04 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 | DOWN | NEGATIVE | The short term trend for MQ is down. |
| ChartMill Relative Strength | 18.89 | NEGATIVE | MQ has a low relative strength, it was outperformed by 81.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MQ is below 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) | 42.62 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 41.75 | NEUTRAL | The Stochastics value for MQ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MQ suggests some volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for MQ suggests a possible start of a new trend. |
MQ Chart- and CandleStick Pattern Analysis
MQ Technicals: Chart, Performance Metrics, Trend & Indicators
3.93
0 (0%)
MARQETA INC-A / MQ TA FAQ
What is the ChartMill technical rating of MARQETA INC-A (MQ) stock?
ChartMill assigns a technical rating of 0 / 10 to MQ.
What is the trend direction for MQ stock?
The current trend direction for MARQETA INC-A (MQ) is Bearish.
What is the RSI signal for MARQETA INC-A (MQ) stock?
MARQETA INC-A (MQ) has an RSI value of 42.6224. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MARQETA INC-A?
The buy/sell signal for MARQETA INC-A (MQ) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MQ stock?
MARQETA INC-A (MQ) has a support level at 3.85 and a resistance level at 4.02. Check the full technical report for our detailed analysis of MQ support and resistance levels.