MARAVAI LIFESCIENCES HLDGS-A (MRVI) Technical Analysis
NASDAQ:MRVI • US56600D1072
Current stock price
MRVI Technical Rating and Analysis
Overall MRVI gets a technical rating of 2 out of 10. Although MRVI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month MRVI has a been trading in the 2.80 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
- MRVI is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. MRVI outperforms 83% of them.
- MRVI has an average volume of 1446170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that MRVI is one of the better performing stocks in the market, outperforming 74% of all stocks. However, MRVI's most recent performance is quite weak.
- MRVI 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 MRVI is lagging the market slightly.
MRVI Weekly and Daily overview Charts
MRVI Setup Rating and Analysis
MRVI has a poor technical rating and the quality of the setup is also only medium 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
MRVI Support and Resistance Analysis
2.79
We found 1 important support area.
- A support zone ranging from 2.82 to 2.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.12 to 3.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.53 from a trend line in the weekly time frame.
- Resistance @3.70 from a trend line in the daily time frame.
MRVI 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 MRVI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRVI is down. |
| ChartMill Relative Strength | 74.09 | POSITIVE | MRVI has a high relative strength, it outperformed 74.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRVI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41 | NEUTRAL | The RSI value for MRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MRVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.67 | OVERSOLD | The low Stochastics value suggests MRVI may be oversold. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for MRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for MRVI suggests a weak or negative trend. |
MRVI Chart- and CandleStick Pattern Analysis
MRVI Technicals: Chart, Performance Metrics, Trend & Indicators
2.95
+0.08 (+2.79%)
MARAVAI LIFESCIENCES HLDGS-A / MRVI TA FAQ
What is the ChartMill technical rating of MARAVAI LIFESCIENCES HLDGS-A (MRVI) stock?
ChartMill assigns a technical rating of 2 / 10 to MRVI.
Can you provide the trend direction for MARAVAI LIFESCIENCES HLDGS-A?
The current trend direction for MARAVAI LIFESCIENCES HLDGS-A (MRVI) is Bearish.
What is the RSI signal for MRVI stock?
MARAVAI LIFESCIENCES HLDGS-A (MRVI) has an RSI value of 40.9969. This indicates that the stock is currently neutral.
What is the short term momentum for MARAVAI LIFESCIENCES HLDGS-A (MRVI) stock?
The short term momentum for MARAVAI LIFESCIENCES HLDGS-A (MRVI) is negative.
What is the buy/sell signal for MARAVAI LIFESCIENCES HLDGS-A (MRVI) stock?
The buy/sell signal for MARAVAI LIFESCIENCES HLDGS-A (MRVI) is sell as both the short term and long term trends are negative.