MARTEN TRANSPORT LTD (MRTN)

US5730751089 - Common Stock

18.48  +0.04 (+0.22%)

After market: 18.48 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MRTN. MRTN'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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MRTN is a bad performer in the overall market: 80% of all stocks are doing better.
MRTN is part of the Ground Transportation industry. There are 37 other stocks in this industry, of which 72% are performing better than MRTN.
MRTN 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.
MRTN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Weekly and Daily overview Charts
MRTN Weekly chart
MRTN Daily chart
Setup Rating and Analysis

8

MRTN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.87. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

17.23

23.11

2 important support areas can be observed.

  • Support @17.76 from a trend line in the weekly time frame.
  • A support zone ranging from 17.40 to 17.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 7 important areas.

  • A resistance zone ranging from 18.87 to 19.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @19.58 from a trend line in the weekly time frame.
  • Resistance @20.18 from a trend line in the daily time frame.
  • Resistance @20.66 from a horizontal line in the daily time frame.
  • Resistance @21.00 from a horizontal line in the weekly time frame.
  • Resistance @21.51 from a horizontal line in the daily time frame.
  • Resistance @22.88 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.15
Mansfield-2.1
10 Day High18.98
10 Day Low17.88
20 Day High19.34
20 Day Low17.88
52 Week High23.38
52 Week Low17.34
Performance
1 Week0.38%
2 Weeks-0.7%
1 Month-1.96%
3 Month-11.92%
6 Month-6.24%
12 Month-11.79%
2 Year4.05%
3 Year8.9%
5 Year55.47%
10 Year114.68%
15 Year270.99%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)45.53
LBB17.91
UBB19.08
MRTN Daily chart

MARTEN TRANSPORT LTD

NASDAQ:MRTN (3/28/2024, 8:25:34 PM)

After market: 18.48 0 (0%)

18.48

+0.04 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.22%
1 Week0.38%
2 Weeks-0.7%
1 Month-1.96%
3 Month-11.92%
6 Month-6.24%
12 Month-11.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%2.35%
ATR Inc
Range Today0.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.98
10 Day Low17.88
20 Day High19.34
20 Day Low17.88
52 Week High23.38
52 Week Low17.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume595.20K
Volume Incr-24.1%
Vol(5)521.30K
Vol(50)492.57K