Marquee Raine Acquisition Corp Cl A (MRAC) Technical Analysis
NASDAQ:MRAC
Current stock price
MRAC Technical Rating and Analysis
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.
- 100% of all other stocks performed better in the past year than MRAC.
- 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 trading in the upper part of its 52 week range, so MRAC is lagging the market slightly.
- 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 Weekly and Daily overview Charts
MRAC Setup Rating and Analysis
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
MRAC Support and Resistance Analysis
9.74
We found 1 important support 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.
MRAC 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 | 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. |
MRAC Chart- and CandleStick Pattern Analysis
MRAC Technicals: Chart, Performance Metrics, Trend & Indicators
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%)
Marquee Raine Acquisition Corp Cl A / MRAC TA FAQ
What is the ChartMill technical rating of Marquee Raine Acquisition Corp Cl A (MRAC) stock?
ChartMill assigns a technical rating of 4 / 10 to MRAC.
What is the trend direction for MRAC stock?
The current trend direction for Marquee Raine Acquisition Corp Cl A (MRAC) is Bearish.
What is the RSI signal for Marquee Raine Acquisition Corp Cl A (MRAC) stock?
Marquee Raine Acquisition Corp Cl A (MRAC) has an RSI value of 73.5341. This indicates that the stock is currently overbought.
What is the MACD signal for MRAC stock?
The MACD indicator for Marquee Raine Acquisition Corp Cl A (MRAC) has a value of 0.0600473, indicating a bearish trend.