NASDAQ:MRTN - Nasdaq - US5730751089 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MRTN. MRTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 support zone below the current price at 12.74, a Stop Loss order could be placed below this zone.
12.55
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 MRTN is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRTN is neutral. |
ChartMill Relative Strength | 12.31 | NEGATIVE | MRTN has a low relative strength, it was outperformed by 87.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRTN is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRTN is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRTN is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.42 | NEUTRAL | The RSI value for MRTN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MRTN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.81 | NEUTRAL | The Stochastics value for MRTN is a neutral value. |
Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for MRTN suggests some volalility. |
Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for MRTN suggests a weak or negative trend. |
13
-0.03 (-0.23%)