Logo image of MRDB

MARIADB PLC (MRDB) Stock Technical Analysis

NYSE:MRDB - New York Stock Exchange, Inc. - IE0008908NI4 - Common Stock - Currency: USD

0.5494  +0 (+0.7%)

After market: 0.5476 0 (-0.33%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to MRDB. Although MRDB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, MRDB is a bad performer in the overall market: 78% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
MRDB is part of the Software industry. There are 285 other stocks in this industry, MRDB did better than 46% of them.
MRDB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MRDB has a been trading in a tight range between 0.54 and 0.57.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MARIADB PLC / MRDB Weekly stock chart
MARIADB PLC / MRDB Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MRDB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.55, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.50

0.58

We found 5 important support areas.

  • A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.52 from a trend line in the daily time frame.
  • Support @0.50 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @0.55 from a trend line in the daily time frame.
  • Resistance @0.56 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.04
Mansfield0.95
10 Day High0.55
10 Day Low0.54
20 Day High0.57
20 Day Low0.54
52 Week High0.77
52 Week Low0.16
Performance
1 Week0.31%
2 Weeks0.26%
1 Month1.7%
3 Month3.41%
6 Month56.97%
12 Month-23.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.5
LBB0.54
UBB0.55
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.560.540.02 (3.57%)25.00%
An entry @0.56. This is a Buy Stop order right above the resistance zone.An exit @0.54. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.02 points, which is 3.57%.For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MARIADB PLC / MRDB Daily stock chart

MARIADB PLC

NYSE:MRDB (8/23/2024, 8:04:01 PM)

After market: 0.5476 0 (-0.33%)

0.5494

+0 (+0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.7%
1 Week0.31%
2 Weeks0.26%
1 Month1.7%
3 Month3.41%
6 Month56.97%
12 Month-23.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.55%
ATR Inc-27.48%
Range Today0
ADR(20)0.01
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.04
Mansfield0.95
10 Day High0.55
10 Day Low0.54
20 Day High0.57
20 Day Low0.54
52 Week High0.77
52 Week Low0.16
CS1 End0.55
CR1 Start0.55
Volume & EV
DER(3)-3.02%
DER(5)-0.81%
Volume130.30K
Volume Incr-34.53%
Vol(5)51.80K
Vol(50)83.73K