MARTI TECHNOLOGIES INC (MRT) Stock Technical Analysis
NYSEARCA:MRT - NYSE Arca - US5731341039 - Common Stock - Currency: USD
Taking everything into account, MRT scores 2 out of 10 in our technical rating. Although MRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MRT has a been trading in the 2.83 - 3.70 range, which is quite wide. It is currently trading near the lows of this range.
MRT is part of the Ground Transportation industry. There are 39 other stocks in this industry. MRT outperforms 92% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, MRT did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRT is lagging the market slightly.
MRT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.50
3.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.82 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.76 from a trend line in the weekly time frame.
- Support @2.53 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.94 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.14 to 3.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.29 from a horizontal line in the weekly time frame.
- Resistance @3.47 from a trend line in the daily time frame.
- Resistance @3.56 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 MRT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRT is down. |
| ChartMill Relative Strength | 90.36 | POSITIVE | MRT has a high relative strength, it outperformed 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.48 | NEUTRAL | The RSI value for MRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.21 | OVERSOLD | The low Stochastics value suggests MRT may be oversold. |
| Average True Range in percent/ATR (20) | 7.62 | HIGH VOLATILITY | The high ATR as a percentage value for MRT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.38 | 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)
NYSEARCA:MRT (6/3/2025, 9:59:58 AM)
2.92
-0.02 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.68%
1 Week-3.87%
2 Weeks-5.41%
1 Month-2.6%
3 Month-15.47%
6 Month-11.66%
12 Month71.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.62%
ATR Inc-73.05%
Range Today0.02
ADR(20)0.22
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.36
Mansfield0.85
10 Day High3.32
10 Day Low2.83
20 Day High3.7
20 Day Low2.83
52 Week High3.89
52 Week Low1.32
CS1 End2.94
CR1 Start3.14
Volume & EV
DER(3)1.9%
DER(5)1.44%
Volume6.97K
Volume Incr-25.97%
Vol(5)54.36K
Vol(50)61.72K