NYSE:MRP - US6011371027 - REIT
Taking everything into account, MRP scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MRP is a bad performer.
Although MRP has an excellent technical rating, it does not offer a high 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.
27.29
We found 3 important support areas.
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 | UP | POSITIVE | The long term trend for MRP is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRP is up. |
ChartMill Relative Strength | 0 | NEGATIVE | MRP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRP is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRP is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 78.54 | OVERBOUGHT | The high RSI value suggests MRP may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MRP has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 91.46 | OVERBOUGHT | The high Stochastics value suggests MRP may be overbought. |
Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for MRP suggests low volalility. |
Average Directional Index/ADX (14) | 42.22 | POSITIVE | The high ADX value value for MRP suggests a strong trend. |
35.31
-0.19 (-0.54%)