MAREX GROUP PLC (MRX) Stock Technical Analysis
USA - NASDAQ:MRX - GB00BMT7GT62 - Common Stock
31.48 USD
+0.38 (+1.22%)
31.8 USD
+0.32 (+1.02%)
Taking everything into account, MRX scores 1 out of 10 in our technical rating. MRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MRX is one of the better performing stocks in the Capital Markets industry, it outperforms 72% of 237 stocks in the same industry.
MRX has an average volume of 1217600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MRX turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
MRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRX is lagging the market.
In the last month MRX has a been trading in the 27.91 - 34.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MRX 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
29.68
34.44
When analyzing the support we notice one important area.
- A support zone ranging from 29.98 to 30.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.49 to 32.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.82 to 34.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRX is down. |
| ChartMill Relative Strength | 54.52 | NEUTRAL | MRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.98 | NEUTRAL | The RSI value for MRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MRX has a positive trend. |
| Stochastics (14,3) | 45.19 | NEUTRAL | The Stochastics value for MRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MRX suggests some volalility. |
| Average Directional Index/ADX (14) | 33.32 | POSITIVE | The high ADX value value for MRX suggests a strong 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)
31.48
+0.38 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.22%
1 Week11.47%
2 Weeks-6.37%
1 Month-3.41%
3 Month-15.56%
6 Month-18.47%
12 Month23.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%4.44%
ATR Inc-3.12%
Range Today1.42
ADR(20)1.34
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.52
Mansfield-1.97
10 Day High33.64
10 Day Low27.91
20 Day High34.49
20 Day Low27.91
52 Week High49.34
52 Week Low23.17
CS1 End30.39
CR1 Start31.49
Volume & EV
DER(3)0.29%
DER(5)0.49%
Volume987.60K
Volume Incr24.58%
Vol(5)1.40M
Vol(50)1.22M