MARIADB PLC (MRDB) Technical Analysis
NYSE:MRDB • IE0008908NI4
Current stock price
MRDB Technical Rating and Analysis
Taking everything into account, MRDB scores 6 out of 10 in our technical rating. Although MRDB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, MRDB is a bad performer in the overall market: 78% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- MRDB is part of the Software industry. There are 275 other stocks in this industry, MRDB did better than 68% of them.
- MRDB 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 MRDB is lagging the market slightly.
- In the last month MRDB has a been trading in a tight range between 0.54 and 0.57.
- Considerably lower volume is observed in the last couple of days.
MRDB Weekly and Daily overview Charts
MRDB Setup Rating and Analysis
MRDB has only a medium technical rating, but it does show a decent setup pattern. 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 0.55, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MRDB Support and Resistance Analysis
0.50
5 important support areas can be observed.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.52 from a trend line in the daily time frame.
- Support @0.50 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.55 from a trend line in the daily time frame.
- Resistance @0.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRDB 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 | UP | POSITIVE | The long term trend for MRDB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRDB is up. |
| ChartMill Relative Strength | 22.04 | NEGATIVE | MRDB has a low relative strength, it was outperformed by 77.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRDB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRDB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.5 | NEUTRAL | The RSI value for MRDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MRDB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.67 | NEUTRAL | The Stochastics value for MRDB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for MRDB suggests low volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for MRDB suggests a strong trend. |
MRDB Chart- and CandleStick Pattern Analysis
MRDB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.56 | 0.54 | 0.02 (3.57%) | 25.00% |
| An entry @0.56. This is a Buy Stop order right above the resistance zone. | An exit @0.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.02 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MRDB Technicals: Chart, Performance Metrics, Trend & Indicators
0.5494
+0 (+0.7%)
MARIADB PLC / MRDB TA FAQ
Can you provide the ChartMill technical rating for MARIADB PLC?
ChartMill assigns a technical rating of 6 / 10 to MRDB.
Can you provide the trend direction for MARIADB PLC?
The current trend direction for MARIADB PLC (MRDB) is Bullish.
What is the RSI signal for MARIADB PLC (MRDB) stock?
MARIADB PLC (MRDB) has an RSI value of 54.498. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MARIADB PLC?
The buy/sell signal for MARIADB PLC (MRDB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MARIADB PLC (MRDB) stock?
MARIADB PLC (MRDB) has a support level at 0.55 and a resistance level at 0.55. Check the full technical report for our detailed analysis of MRDB support and resistance levels.