Taking everything into account, MRNO scores 1 out of 10 in our technical rating. MRNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, MRNO is a bad performer in the overall market: 97% of all stocks are doing better.
- MRNO is one of the lesser performing stocks in the Real Estate Management & Development industry. 90% of 62 stocks in the same industry do better.
- MRNO 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.
- In the last month MRNO has a been trading in the 0.51 - 2.91 range, which is quite wide. It is currently trading near the high of this range.
- MRNO has an average volume of 3185360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
The technical rating of MRNO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.78
When analyzing the resistance we notice one important area.
- Resistance @1.84 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 MRNO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRNO is neutral. |
| ChartMill Relative Strength | 3.39 | NEGATIVE | MRNO has a low relative strength, it was outperformed by 96.61% 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) | DOWN | MIXED | The current price of MRNO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for MRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MRNO has a positive trend. |
| Stochastics (14,3) | 29.72 | NEUTRAL | The Stochastics value for MRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 25.68 | HIGH VOLATILITY | The high ATR as a percentage value for MRNO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.89 | POSITIVE | The high ADX value value for MRNO suggests a strong trend. |
1.8
+0.44 (+32.35%)
MURANO GLOBAL INVESTMENTS PL / MRNO FAQ
What is the technical rating for MRNO stock?
ChartMill assigns a technical rating of 1 / 10 to MRNO.
Can you provide the trend direction for MURANO GLOBAL INVESTMENTS PL?
The current trend direction for MURANO GLOBAL INVESTMENTS PL (MRNO) is Bearish.
Can you provide the RSI signal for MURANO GLOBAL INVESTMENTS PL?
MURANO GLOBAL INVESTMENTS PL (MRNO) has an RSI value of 60.8933. This indicates that the stock is currently neutral.
What is the MACD signal for MURANO GLOBAL INVESTMENTS PL (MRNO) stock?
The MACD indicator for MURANO GLOBAL INVESTMENTS PL (MRNO) has a value of 0.0332481, indicating a bearish trend.