MARTEN TRANSPORT LTD (MRTN) Technical Analysis
NASDAQ:MRTN • US5730751089
Current stock price
13.77 USD
+0.4 (+2.99%)
At close:
13.77 USD
0 (0%)
After Hours:
MRTN Technical Rating and Analysis
Overall MRTN gets a technical rating of 6 out of 10. In the last year, MRTN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MRTN has a been trading in the 11.42 - 13.80 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, MRTN turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- MRTN is an average performer in the Ground Transportation industry, it outperforms 53% of 42 stocks in the same industry.
- MRTN 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 MRTN is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MRTN Weekly and Daily overview Charts
MRTN Setup Rating and Analysis
MRTN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MRTN Support and Resistance Analysis
11.27
14.05
When analyzing the support we can see 5 important areas.
- Support @13.76 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.49 to 12.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.05 from a trend line in the weekly time frame.
- A support zone ranging from 11.74 to 11.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.91 to 13.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
MRTN 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 | NEUTRAL | NEUTRAL | The long term trend for MRTN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRTN is up. |
| ChartMill Relative Strength | 62.27 | NEUTRAL | MRTN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.76 | NEUTRAL | The RSI value for MRTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MRTN has a positive trend. |
| Stochastics (14,3) | 95.35 | OVERBOUGHT | The high Stochastics value suggests MRTN may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for MRTN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for MRTN suggests a weak or negative trend. |
MRTN Chart- and CandleStick Pattern Analysis
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)
MRTN Technicals: Chart, Performance Metrics, Trend & Indicators
13.77
+0.4 (+2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg2.99%
1 Week7.08%
2 Weeks13.8%
1 Month3.46%
3 Month20.26%
6 Month29.66%
12 Month4.32%
2 Year-18.62%
3 Year-31.8%
5 Year-17.64%
10 Year84.49%
15 Year130.94%
Volatility
ATR(14)0.42
ATR(20)%3.46%
ATR Inc53.82%
Range Today0.79
ADR(20)0.44
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.27
3 months CRS90.83
6 months CRS91.29
Mansfield1.03
10 Day High13.8
10 Day Low11.91
20 Day High13.8
20 Day Low11.42
52 Week High15.42
52 Week Low9.35
CS1 End13.76
CR1 Start13.91
Volume & EV
DER(3)2.29%
DER(5)2.89%
Volume830.10K
Volume Incr-11.08%
Vol(5)665.58K
Vol(50)758.77K
MARTEN TRANSPORT LTD / MRTN TA FAQ
Can you provide the ChartMill technical rating for MARTEN TRANSPORT LTD?
ChartMill assigns a technical rating of 6 / 10 to MRTN.
Can you provide the trend direction for MARTEN TRANSPORT LTD?
The current trend direction for MARTEN TRANSPORT LTD (MRTN) is Bearish.
What is the RSI signal for MARTEN TRANSPORT LTD (MRTN) stock?
MARTEN TRANSPORT LTD (MRTN) has an RSI value of 65.7636. This indicates that the stock is currently neutral.
What are the support and resistance levels for MARTEN TRANSPORT LTD (MRTN) stock?
MARTEN TRANSPORT LTD (MRTN) has a support level at 13.76 and a resistance level at 13.91. Check the full technical report for our detailed analysis of MRTN support and resistance levels.