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.
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.
0.50
When analyzing the support we can see 5 important areas.
3 important resistance areas can be observed.
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. |
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%. |
0.5494
+0 (+0.7%)