MAREX GROUP PLC (MRX) Stock Technical Analysis
NASDAQ:MRX - GB00BMT7GT62 - Common Stock
34.94 USD
-0.6 (-1.69%)
34.94 USD
0 (0%)
We assign a technical rating of 1 out of 10 to MRX. 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.
In the last month MRX has a been trading in the 34.00 - 37.18 range, which is quite wide. It is currently trading near the lows of this range.
MRX has an average volume of 1386730 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 64% of all stocks.
MRX is an average performer in the Capital Markets industry, it outperforms 68% of 239 stocks in the same industry.
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.
Although the technical rating is bad, MRX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 34.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MRX 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
34.13
36.73
When analyzing the support we notice one important area.
- A support zone ranging from 34.47 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.09 to 35.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.37 from a horizontal line 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 MRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRX is down. |
| ChartMill Relative Strength | 64.21 | 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) | 39.53 | NEUTRAL | The RSI value for MRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.41 | NEUTRAL | The Stochastics value for MRX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for MRX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | 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)
34.94
-0.6 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.69%
1 Week-2.1%
2 Weeks-3.21%
1 Month-1.63%
3 Month-17.34%
6 Month-3.96%
12 Month39.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%3.59%
ATR Inc32.42%
Range Today1.99
ADR(20)1.24
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.21
Mansfield-0.78
10 Day High37.18
10 Day Low34
20 Day High37.18
20 Day Low34
52 Week High49.34
52 Week Low22.33
CS1 End34.93
CR1 Start35.09
Volume & EV
DER(3)3.07%
DER(5)4.39%
Volume927.20K
Volume Incr-28.14%
Vol(5)971.42K
Vol(50)1.39M