We assign a technical rating of 3 out of 10 to MRIN. Recently some decent action could be observed, but in the medium term time frame this is still negative. MRIN was also a bad performer in the overall market in the last year.
- 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.
- 97% of all other stocks performed better in the past year than MRIN.
- MRIN is part of the Software industry. There are 276 other stocks in this industry, of which 83% are performing better than MRIN.
- 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.
Although the technical rating is bad, MRIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.78
We found 2 important support areas.
- 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.
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. |
0.8981
+0.04 (+4.42%)
MARIN SOFTWARE INC / MRIN 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.