MILLROSE PROPERTIES (MRP) Technical Analysis
NYSE:MRP • US6011371027
Current stock price
MRP Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MRP. MRP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month MRP has a been trading in the 27.69 - 31.15 range, which is quite wide. It is currently trading near the lows of this range.
- MRP has an average volume of 1408460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MRP outperforms 48% of them, which is more or less in line with the market.
- MRP is part of the Specialized REITs industry. There are 28 other stocks in this industry, MRP did better than 55% of them.
- MRP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRP is lagging the market slightly.
MRP Weekly and Daily overview Charts
MRP Setup Rating and Analysis
MRP 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 a support zone below the current price at 28.25, a Stop Loss order could be placed below this zone.
More info and screens
MRP Support and Resistance Analysis
27.23
2 important support areas can be observed.
- A support zone ranging from 28.25 to 28.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.09 to 31.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.97 to 32.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRP 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 MRP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRP is down. |
| ChartMill Relative Strength | 48.56 | NEUTRAL | MRP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.39 | NEUTRAL | The RSI value for MRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MRP has a negative trend. |
| Stochastics (14,3) | 41.64 | NEUTRAL | The Stochastics value for MRP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MRP suggests some volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for MRP suggests a strong trend. |
MRP Chart- and CandleStick Pattern Analysis
MRP Technicals: Chart, Performance Metrics, Trend & Indicators
28.28
-0.56 (-1.94%)
MILLROSE PROPERTIES / MRP TA FAQ
What is the technical rating for MRP stock?
ChartMill assigns a technical rating of 1 / 10 to MRP.
What is the current trend direction of MILLROSE PROPERTIES (MRP) stock?
The current trend direction for MILLROSE PROPERTIES (MRP) is Bearish.
Can you provide the RSI signal for MILLROSE PROPERTIES?
MILLROSE PROPERTIES (MRP) has an RSI value of 38.3945. This indicates that the stock is currently neutral.
What is the MACD signal for MILLROSE PROPERTIES (MRP) stock?
The MACD indicator for MILLROSE PROPERTIES (MRP) has a value of -0.047592, indicating a bearish trend.
What is the buy/sell signal for MILLROSE PROPERTIES (MRP) stock?
The buy/sell signal for MILLROSE PROPERTIES (MRP) is sell as both the short term and long term trends are negative.