MARPAI INC-CLASS A (MRAI)

US5713542083 - Common Stock

1.98  -0.12 (-5.71%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MRAI. In the last year, MRAI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month MRAI has a been trading in the 1.96 - 2.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, MRAI did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MRAI is an average performer in the Insurance industry, it outperforms 66% of 140 stocks in the same industry.
MRAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRAI is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MRAI Weekly chart
MRAI Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, MRAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.04, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.66

2.62

We found 1 important support area.

  • Support @1.68 from a trend line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 2.08 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.35 from a horizontal line in the weekly time frame.
  • Resistance @2.59 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.83
Mansfield1.87
10 Day High2.68
10 Day Low1.96
20 Day High2.68
20 Day Low1.96
52 Week High3.46
52 Week Low0.33
Performance
1 Week-6.25%
2 Weeks-10.26%
1 Month-9.87%
3 Month56.72%
6 Month116.99%
12 Month-19.22%
2 Year-56.97%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)45.67
LBB1.89
UBB2.65
MRAI Daily chart

MARPAI INC-CLASS A

NASDAQ:MRAI (5/20/2024, 12:04:32 PM)

1.98

-0.12 (-5.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-5.71%
1 Week-6.25%
2 Weeks-10.26%
1 Month-9.87%
3 Month56.72%
6 Month116.99%
12 Month-19.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%10.67%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.68
10 Day Low1.96
20 Day High2.68
20 Day Low1.96
52 Week High3.46
52 Week Low0.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume50.20K
Volume Incr0.41%
Vol(5)102.64K
Vol(50)293.13K