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Marquee Raine Acquisition Corp Cl A (MRAC) Stock Technical Analysis

NASDAQ:MRAC - Nasdaq -

10.92  +1 (+10.08%)

After market: 10.94 +0.02 (+0.18%)

Technical Rating and Analysis

4

Overall MRAC gets a technical rating of 4 out of 10. MRAC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

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 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.
Weekly and Daily overview Charts
Marquee Raine Acquisition Corp Cl A / MRAC Weekly stock chart
Marquee Raine Acquisition Corp Cl A / MRAC Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

9.74

11.03

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for MRAC is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MRAC is neutral.
ChartMill Relative Strength0NEGATIVEMRAC has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MRAC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MRAC is above the rising SMA(50).
Relative Strength Index/RSI (14)73.53OVERBOUGHTThe high RSI value suggests MRAC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests MRAC has a positive trend.
Stochastics (14,3)38.88NEUTRALThe Stochastics value for MRAC is a neutral value.
Average True Range in percent/ATR (20)3.08MEDIUM VOLATILITYThe ATR as a percentage value for MRAC suggests some volalility.
Chart- and CandleStick Pattern Analysis
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 / MRAC Daily stock chart

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