Taking everything into account, MRAL scores 0 out of 10 in our technical rating. MRAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MRAL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.85
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 | DOWN | NEGATIVE | The long term trend for MRAL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRAL is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MRAL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRAL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 31.35 | NEUTRAL | The RSI value for MRAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MRAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 5.98 | OVERSOLD | The low Stochastics value suggests MRAL may be oversold. |
| Average True Range in percent/ATR (20) | 17.45 | HIGH VOLATILITY | The high ATR as a percentage value for MRAL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.17 | POSITIVE | The high ADX value value for MRAL suggests a strong trend. |
5.91
+0.48 (+8.84%)
GRANITE 2X LONG MARA ETF / MRAL FAQ
What is the ChartMill technical rating of GRANITE 2X LONG MARA ETF (MRAL) stock?
ChartMill assigns a technical rating of 0 / 10 to MRAL.
What is the trend direction for MRAL stock?
The current trend direction for GRANITE 2X LONG MARA ETF (MRAL) is Bearish.
What is the RSI signal for GRANITE 2X LONG MARA ETF (MRAL) stock?
GRANITE 2X LONG MARA ETF (MRAL) has an RSI value of 31.3458. This indicates that the stock is currently neutral.
What is the buy/sell signal for GRANITE 2X LONG MARA ETF (MRAL) stock?
The buy/sell signal for GRANITE 2X LONG MARA ETF (MRAL) is sell as both the short term and long term trends are negative.