MILLROSE PROPERTIES (MRP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MRP - US6011371027 - REIT
Overall MRP gets a technical rating of 0 out of 10. MRP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MRP 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
28.83
When analyzing the support we can see 2 important areas.
- Support @30.48 from a horizontal line in the weekly time frame.
- Support @29.12 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.30 to 31.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 32.42 to 33.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MRP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRP is down. |
| 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) | 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). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for MRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests MRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.19 | NEUTRAL | The Stochastics value for MRP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MRP suggests some volalility. |
| Average Directional Index/ADX (14) | 32.12 | POSITIVE | The high ADX value value for MRP suggests a strong trend. |
30.49
+1.25 (+4.27%)
MILLROSE PROPERTIES / MRP FAQ
What is the technical rating for MRP stock?
ChartMill assigns a technical rating of 0 / 10 to MRP.
Can you provide the trend direction for MILLROSE PROPERTIES?
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 43.1944. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MILLROSE PROPERTIES?
The short term momentum for MILLROSE PROPERTIES (MRP) is negative.
What is the support and resistance level for MRP stock?
MILLROSE PROPERTIES (MRP) has a support level at 30.48 and a resistance level at 31.3. Check the full technical report for our detailed analysis of MRP support and resistance levels.