MARTI TECHNOLOGIES INC (MRT) Stock Technical Analysis
USA - NYSEARCA:MRT - US5731341039 - Common Stock
2.42 USD
-0.02 (-0.82%)
2.46 USD
+0.04 (+1.65%)
Taking everything into account, MRT scores 1 out of 10 in our technical rating. MRT'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.
When comparing the yearly performance of all stocks, MRT is a bad performer in the overall market: 69% of all stocks are doing better.
MRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MRT is one of the better performing stocks in the Ground Transportation industry, it outperforms 73% of 42 stocks in the same industry.
In the last month MRT has a been trading in the 1.97 - 2.57 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MRT has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.25
3.08
We found 1 important support area.
- A support zone ranging from 2.27 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.43 to 2.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.50 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.65 from a trend line in the weekly time frame.
- Resistance @2.74 from a trend line in the weekly time frame.
- Resistance @3.05 from a trend 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 | DOWN | NEGATIVE | The long term trend for MRT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRT is up. |
| ChartMill Relative Strength | 31.83 | NEUTRAL | MRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MRT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for MRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MRT has a positive trend. |
| Stochastics (14,3) | 90.67 | OVERBOUGHT | The high Stochastics value suggests MRT may be overbought. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for MRT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for MRT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.42
-0.02 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.82%
1 Week3.42%
2 Weeks8.52%
1 Month-2.42%
3 Month-20.13%
6 Month-16.84%
12 Month16.91%
2 Year393.88%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.05%
ATR Inc-50.85%
Range Today0.05
ADR(20)0.14
ADR(20)%5.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.83
Mansfield-2.44
10 Day High2.47
10 Day Low1.97
20 Day High2.57
20 Day Low1.97
52 Week High3.89
52 Week Low1.81
CS1 End2.29
CR1 Start2.43
Volume & EV
DER(3)-7.67%
DER(5)-5.8%
Volume54.10K
Volume Incr-31.75%
Vol(5)110.88K
Vol(50)103.88K