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 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 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
28.82
We found 1 important support area.
- A support zone ranging from 29.11 to 29.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.60 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 | 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.98 | NEUTRAL | The RSI value for MRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests MRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.8 | OVERSOLD | The low Stochastics value suggests MRP may be oversold. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for MRP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for MRP suggests a weak or negative trend. |
30.09
+0.31 (+1.04%)
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 41.9761. 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 29.42 and a resistance level at 30.6. Check the full technical report for our detailed analysis of MRP support and resistance levels.