MILLROSE PROPERTIES (MRP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MRP - US6011371027 - REIT
Taking everything into account, MRP scores 3 out of 10 in our technical rating. MRP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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
29.47
We found 1 important support area.
- Support @29.77 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.94 to 29.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.96 to 32.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.05 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 | UP | POSITIVE | The long term trend for MRP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRP is neutral. |
| 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 | MIXED | The current price of MRP is below the rising 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 | POSITIVE | The current price of MRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.43 | NEUTRAL | The RSI value for MRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MRP has a negative trend. |
| Stochastics (14,3) | 38.39 | NEUTRAL | The Stochastics value for MRP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MRP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.41 | NEGATIVE | The low ADX value for MRP suggests a weak or negative trend. |
29.78
-1 (-3.25%)
MILLROSE PROPERTIES / MRP FAQ
What is the technical rating for MRP stock?
ChartMill assigns a technical rating of 3 / 10 to MRP.
Can you provide the trend direction for MILLROSE PROPERTIES?
The current trend direction for MILLROSE PROPERTIES (MRP) is Bullish.
Can you provide the RSI signal for MILLROSE PROPERTIES?
MILLROSE PROPERTIES (MRP) has an RSI value of 39.426. 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 neutral.
What is the support and resistance level for MRP stock?
MILLROSE PROPERTIES (MRP) has a support level at 29.77 and a resistance level at 29.94. Check the full technical report for our detailed analysis of MRP support and resistance levels.