MAREX GROUP PLC (MRX) Stock Technical Analysis
NASDAQ:MRX - Nasdaq - GB00BMT7GT62 - Common Stock - Currency: USD
Taking everything into account, MRX scores 7 out of 10 in our technical rating. Although MRX 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, MRX is a bad performer in the overall market: 100% of all stocks are doing better.
MRX is one of the lesser performing stocks in the Capital Markets industry. 91% of 225 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MRX has a been trading in the 34.29 - 40.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 36.86, 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.
More info and screens
32.50
37.40
3 important support areas can be observed.
- A support zone ranging from 36.23 to 36.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.20 from a horizontal line in the daily time frame.
- Support @32.83 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High40.05
10 Day Low34.29
20 Day High40.05
20 Day Low34.29
52 Week HighN/A
52 Week LowN/A
Performance
1 Week3.99%
2 Weeks1.31%
1 Month5.11%
3 Month26.9%
6 Month52.76%
12 MonthN/A
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)0.08
RSI(14)57.26
LBB34.03
UBB39.15
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.06 | 36.22 | 3.84 (9.59%) | 10.42% |
| An entry @40.06. This is a Buy Stop order right above the 10 day high. | An exit @36.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.84 points, which is 9.59%. | When investing 10.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
37.03
-1.78 (-4.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-4.59%
1 Week3.99%
2 Weeks1.31%
1 Month5.11%
3 Month26.9%
6 Month52.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%3.92%
ATR Inc63.37%
Range Today2.28
ADR(20)1.41
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High40.05
10 Day Low34.29
20 Day High40.05
20 Day Low34.29
52 Week HighN/A
52 Week LowN/A
CS1 End36.86
CR1 StartN/A
Volume & EV
DER(3)-2.11%
DER(5)0.23%
Volume493.70K
Volume Incr120.89%
Vol(5)652.42K
Vol(50)335.29K