Marquee Raine Acquisition Corp Cl A (MRAC) Stock Technical Analysis
USA - NASDAQ:MRAC -
10.92
+1 (+10.08%)
10.94
+0.02 (+0.18%)
Taking everything into account, MRAC scores 4 out of 10 in our technical rating. In the last year, MRAC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, MRAC is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MRAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRAC is lagging the market.
In the last month MRAC has a been trading in the 9.02 - 12.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRAC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.74
11.03
When analyzing the support we notice one important area.
- A support zone ranging from 9.84 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 MRAC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRAC is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MRAC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRAC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 73.53 | OVERBOUGHT | The high RSI value suggests MRAC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MRAC has a positive trend. |
| Stochastics (14,3) | 38.88 | NEUTRAL | The Stochastics value for MRAC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MRAC suggests some volalility. |
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)
Marquee Raine Acquisition Corp Cl A
NASDAQ:MRAC (10/15/2021, 8:53:49 PM)
After market: 10.94 +0.02 (+0.18%)10.92
+1 (+10.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.08%
1 Week15.07%
2 Weeks9.42%
1 Month9.64%
3 Month10.41%
6 Month9.75%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.08%
ATR Inc95.84%
Range Today0.94
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.16
10 Day Low9.02
20 Day High12.16
20 Day Low9.02
52 Week High12.16
52 Week Low9.02
CS1 End9.99
CR1 StartN/A
Volume & EV
DER(3)-11.17%
DER(5)-3.15%
Volume294.20K
Volume Incr-53.99%
Vol(5)287.10K
Vol(50)355.02K