MARTI TECHNOLOGIES INC (MRT) Technical Analysis
NYSEARCA:MRT • US5731341039
Current stock price
MRT Technical Rating and Analysis
Overall MRT gets a technical rating of 2 out of 10. In the past year, MRT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- 85% of all other stocks performed better in the past year than MRT.
- MRT is one of the lesser performing stocks in the Ground Transportation industry. 80% of 42 stocks in the same industry do better.
- MRT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: MRT has an average volume of 22840 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month MRT has a been trading in the 2.00 - 2.14 range, which is quite wide. It is currently trading near the high of this range.
MRT Weekly and Daily overview Charts
MRT Setup Rating and Analysis
The technical rating of MRT 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
MRT Support and Resistance Analysis
1.97
We found 1 important support area.
- A support zone ranging from 1.99 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.20 to 2.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRT Technical Indicator Signal Analysis
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 | 15.46 | NEGATIVE | MRT has a low relative strength, it was outperformed by 84.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRT is above the rising 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) | 61.17 | 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) | 80.28 | OVERBOUGHT | The high Stochastics value suggests MRT may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MRT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.32 | NEGATIVE | The low ADX value for MRT suggests a weak or negative trend. |
MRT Chart- and CandleStick Pattern Analysis
MRT Technicals: Chart, Performance Metrics, Trend & Indicators
2.12
+0.04 (+1.92%)
MARTI TECHNOLOGIES INC / MRT TA FAQ
What is the technical rating for MRT stock?
ChartMill assigns a technical rating of 2 / 10 to MRT.
What is the trend direction for MRT stock?
The current trend direction for MARTI TECHNOLOGIES INC (MRT) is Bearish.
Can you provide the RSI signal for MARTI TECHNOLOGIES INC?
MARTI TECHNOLOGIES INC (MRT) has an RSI value of 61.1678. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MARTI TECHNOLOGIES INC?
MARTI TECHNOLOGIES INC (MRT) has a support level at 2.05 and a resistance level at 2.2. Check the full technical report for our detailed analysis of MRT support and resistance levels.