MARIADB PLC (MRDB) Stock Technical Analysis
NYSE:MRDB - New York Stock Exchange, Inc. - IE0008908NI4 - Common Stock - Currency: USD
Overall MRDB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MRDB is a bad performer.
78% of all other stocks performed better in the past year than MRDB.
MRDB is part of the Software industry. There are 282 other stocks in this industry, of which 65% are performing better than MRDB.
The long and short term trends are both positive. This is looking good!
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 has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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. Another positive sign is the recent Pocket Pivot signal.
- 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
0.50
0.58
When analyzing the support we can see 5 important areas.
- 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.
3 important resistance areas can be observed.
- 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.
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. |
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)
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.
0.5494
+0 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.7%
1 Week0.31%
2 Weeks0.26%
1 Month1.7%
3 Month3.41%
6 Month56.97%
12 Month-23.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.55%
ATR Inc-27.48%
Range Today0
ADR(20)0.01
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.04
Mansfield0.95
10 Day High0.55
10 Day Low0.54
20 Day High0.57
20 Day Low0.54
52 Week High0.77
52 Week Low0.16
CS1 End0.55
CR1 Start0.55
Volume & EV
DER(3)-3.02%
DER(5)-0.81%
Volume130.30K
Volume Incr-34.53%
Vol(5)51.80K
Vol(50)83.73K