MARAVAI LIFESCIENCES HLDGS-A (MRVI) Stock Technical Analysis
NASDAQ:MRVI - US56600D1072 - Common Stock
2.33 USD
-0.09 (-3.72%)
2.33 USD
0 (0%)
We assign a technical rating of 2 out of 10 to MRVI. MRVI'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, MRVI is a bad performer in the overall market: 95% of all stocks are doing better.
MRVI is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 83% of 54 stocks in the same industry do better.
MRVI 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.
MRVI has an average volume of 1698920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MRVI has a been trading in the 1.99 - 2.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MRVI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MRVI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.99
2.74
We found 4 important support areas.
- Support @2.28 from a trend line in the weekly time frame.
- Support @2.19 from a horizontal line in the weekly time frame.
- Support @2.08 from a trend line in the daily time frame.
- A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.43 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.52 from a trend line in the daily time frame.
- A resistance zone ranging from 2.69 to 2.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for MRVI is neutral. |
| ChartMill Relative Strength | 5.31 | NEGATIVE | MRVI has a low relative strength, it was outperformed by 94.69% 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) | UP | MIXED | The current price of MRVI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.75 | NEUTRAL | The RSI value for MRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MRVI has a negative trend. |
| Stochastics (14,3) | 48.29 | NEUTRAL | The Stochastics value for MRVI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.52 | HIGH VOLATILITY | The high ATR as a percentage value for MRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for MRVI suggests a weak or negative trend. |
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)
2.33
-0.09 (-3.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-3.72%
1 Week-5.28%
2 Weeks-15.27%
1 Month-3.32%
3 Month3.56%
6 Month-27.64%
12 Month-74.25%
2 Year-77.47%
3 Year-88.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%7.52%
ATR Inc-28.75%
Range Today0.19
ADR(20)0.16
ADR(20)%6.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.31
Mansfield-4.93
10 Day High2.71
10 Day Low2.28
20 Day High2.79
20 Day Low1.99
52 Week High9.6
52 Week Low1.67
CS1 End2.28
CR1 Start2.43
Volume & EV
DER(3)11.67%
DER(5)9.65%
Volume1.04M
Volume Incr-48.56%
Vol(5)823.42K
Vol(50)1.70M