MARTI TECHNOLOGIES INC (MRT) Stock Technical Analysis
USA - NYSEARCA:MRT - US5731341039 - Common Stock
2.5 USD
+0.02 (+0.81%)
2.5 USD
0 (0%)
Overall MRT gets a technical rating of 1 out of 10. MRT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MRT is one of the better performing stocks in the Ground Transportation industry, it outperforms 78% of 42 stocks in the same industry.
Looking at the yearly performance, MRT did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRT is lagging the market.
In the last month MRT has a been trading in the 2.35 - 2.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MRT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.46, a Stop Loss order could be placed below this zone.
More info and screens
2.34
3.60
2 important support areas can be observed.
- A support zone ranging from 2.41 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.36 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.53 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.84 from a trend line in the weekly time frame.
- Resistance @3.12 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 | DOWN | NEGATIVE | The long term trend for MRT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRT is neutral. |
| ChartMill Relative Strength | 71.22 | POSITIVE | MRT has a high relative strength, it outperformed 71.22% off all stocks 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 | NEGATIVE | The current price of MRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.12 | NEUTRAL | The RSI value for MRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MRT has a positive trend. |
| Stochastics (14,3) | 41.98 | NEUTRAL | The Stochastics value for MRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for MRT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.66 | 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)
2.5
+0.02 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.81%
1 Week3.61%
2 Weeks0.81%
1 Month0%
3 Month2.04%
6 Month-23.31%
12 Month26.26%
2 Year224.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%3.81%
ATR Inc10.68%
Range Today0.09
ADR(20)0.1
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.22
Mansfield-2.02
10 Day High2.52
10 Day Low2.35
20 Day High2.62
20 Day Low2.35
52 Week High3.89
52 Week Low1.76
CS1 End2.46
CR1 Start2.53
Volume & EV
DER(3)-4.76%
DER(5)-6.24%
Volume29.10K
Volume Incr-28.39%
Vol(5)33.19K
Vol(50)85.12K