MARIN SOFTWARE INC (MRIN) Technical Analysis
NASDAQ:MRIN • US56804T3041
Current stock price
MRIN Technical Rating and Analysis
Taking everything into account, MRIN scores 3 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than MRIN.
- MRIN is one of the lesser performing stocks in the Software industry. 84% of 277 stocks in the same industry do better.
- MRIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRIN is lagging the market.
- 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.
MRIN Weekly and Daily overview Charts
MRIN Setup Rating and Analysis
Although the technical rating is bad, MRIN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
MRIN Support and Resistance Analysis
0.78
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.
When analyzing the resistance we notice 3 important areas.
- 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.
MRIN 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. |
MRIN Chart- and CandleStick Pattern Analysis
MRIN Technicals: Chart, Performance Metrics, Trend & Indicators
0.8981
+0.04 (+4.42%)
MARIN SOFTWARE INC / MRIN TA FAQ
What is the ChartMill technical rating of MARIN SOFTWARE INC (MRIN) stock?
ChartMill assigns a technical rating of 3 / 10 to MRIN.
What is the trend direction for MRIN stock?
The current trend direction for MARIN SOFTWARE INC (MRIN) is Bearish.
What is the RSI signal for MARIN SOFTWARE INC (MRIN) stock?
MARIN SOFTWARE INC (MRIN) has an RSI value of 47.6551. This indicates that the stock is currently neutral.
What is the MACD signal for MARIN SOFTWARE INC (MRIN) stock?
The MACD indicator for MARIN SOFTWARE INC (MRIN) has a value of -0.0126705, indicating a bearish trend.
What is the short term momentum for MRIN stock?
The short term momentum for MARIN SOFTWARE INC (MRIN) is neutral.