MRIN Technical Analysis - MARIN SOFTWARE INC

Technical Rating and Analysis

Overall MRIN gets a technical rating of 3 out of 10. In the past year, MRIN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

When comparing the yearly performance of all stocks, MRIN is a bad performer in the overall market: 97% of all stocks are doing better.

MRIN is one of the lesser performing stocks in the Software industry. 85% of 285 stocks in the same industry do better.

MRIN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

MRIN has an average volume of 4620580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month MRIN has a been trading in the 0.64 - 1.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MARIN SOFTWARE INC / MRIN Weekly stock chart

MARIN SOFTWARE INC / MRIN Daily stock chart

Setup Rating and Analysis

MRIN has a bad 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.78

2.18

2 important support areas can be observed.

Support @0.84 from a trend line in the daily time frame.
Support @0.79 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

Resistance @1.27 from a trend line in the daily time frame.
Resistance @1.64 from a trend line in the daily time frame.
Resistance @2.16 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for MRIN is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for MRIN is neutral.
ChartMill Relative Strength	3.01	NEGATIVE	MRIN has a low relative strength, it was outperformed by 96.99% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of MRIN is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MRIN is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MRIN is below a declining SMA(200).
Relative Strength Index/RSI (14)	47.66	NEUTRAL	The RSI value for MRIN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests MRIN has a negative trend.
Stochastics (14,3)	24.05	NEUTRAL	The Stochastics value for MRIN is a neutral value.
Average True Range in percent/ATR (20)	25.33	HIGH VOLATILITY	The high ATR as a percentage value for MRIN suggests high volalility.
Average Directional Index/ADX (14)	24.58	NEUTRAL	The ADX value for MRIN suggests a possible start of a new trend.