Marin Software Technical Analysis (NYSE:MRIN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Marin Software stock price data and volume are plotted in MRIN stock charts and these trading charts form the basis of technical analysis.
See Marin Software bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Marin Software stock analysis.
Marin Software Moving Average
Moving averages help predict the price direction of MRIN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.76 is below the price of $7.4.
Marin Software Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MRIN stock. Currently the stock price of $7.4 is in the upper range of Marin Software bollinger bands.
Marin Software Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Marin Software MACD indicator is below 0 indicating a bearish trend.
Marin Software Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of MRIN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.