MARIN SOFTWARE INC (MRIN) Stock Technical Analysis
NASDAQ:MRIN - US56804T3041 - Common Stock
0.8981 USD
+0.04 (+4.42%)
0.899 USD
+0 (+0.1%)
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 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 part of the Software industry. There are 282 other stocks in this industry, of which 86% 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.
MRIN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
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.
We can see 3 important resistance 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.
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. |
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)
0.8981
+0.04 (+4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg4.42%
1 Week5.66%
2 Weeks-47.17%
1 Month3.23%
3 Month-34.92%
6 Month-54.64%
12 Month-61.29%
2 Year-74.63%
3 Year-90.93%
5 Year-89.46%
10 Year-99.68%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%25.33%
ATR Inc-31.86%
Range Today0.22
ADR(20)0.19
ADR(20)%21.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.01
Mansfield-5.19
10 Day High1.66
10 Day Low0.84
20 Day High1.76
20 Day Low0.64
52 Week High3.39
52 Week Low0.41
CS1 End0.84
CR1 Start1.27
Volume & EV
DER(3)-8.01%
DER(5)-5.13%
Volume794.20K
Volume Incr194.21%
Vol(5)11.01M
Vol(50)4.62M