NASDAQ:MRNO - Nasdaq - JE00BQ7X4L23 - Common Stock - Currency: USD
Overall MRNO gets a technical rating of 5 out of 10. MRNO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
MRNO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.50. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MRNO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
8.78
We found 5 important support areas.
2 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 | NEUTRAL | NEUTRAL | The long term trend for MRNO is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRNO is neutral. |
ChartMill Relative Strength | 79.12 | POSITIVE | MRNO has a high relative strength, it outperformed 79.12% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRNO is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRNO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRNO is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.64 | NEUTRAL | The RSI value for MRNO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MRNO has a positive trend. |
Stochastics (14,3) | 75.51 | NEUTRAL | The Stochastics value for MRNO is a neutral value. |
Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for MRNO suggests high volalility. |
Average Directional Index/ADX (14) | 15.1 | NEGATIVE | The low ADX value for MRNO suggests a weak or negative trend. |
NASDAQ:MRNO (6/13/2025, 8:24:06 PM)
10.77
+0.37 (+3.56%)