Taking everything into account, MQ scores 4 out of 10 in our technical rating. In the past year, MQ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, MQ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MQ in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
4.39
4 important support areas can be observed.
- A support zone ranging from 4.75 to 4.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.63 from a trend line in the daily time frame.
- A support zone ranging from 4.52 to 4.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.43 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.04 to 5.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.55 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 | NEUTRAL | NEUTRAL | The long term trend for MQ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MQ is neutral. |
| ChartMill Relative Strength | 76.51 | POSITIVE | MQ has a high relative strength, it outperformed 76.51% 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) | UP | POSITIVE | The current price of MQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.78 | NEUTRAL | The RSI value for MQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.47 | NEUTRAL | The Stochastics value for MQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MQ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for MQ suggests a weak or negative trend. |
4.93
-0.04 (-0.8%)
MARQETA INC-A / MQ FAQ
What is the ChartMill technical rating of MARQETA INC-A (MQ) stock?
ChartMill assigns a technical rating of 4 / 10 to MQ.
What is the current trend direction of MARQETA INC-A (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 52.7771. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MARQETA INC-A?
The short term momentum for MARQETA INC-A (MQ) is neutral.