Marinus Pharma Technical Analysis (NASDAQ:MRNS)
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 MRNS stock chart pattern can give those who understand technical analysis an indication of which way MRNS stock is headed, but cannot predict with 100% certainty as to what can happen to the Marinus Pharma stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Marinus Pharma. 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 Marinus Pharma stock analysis.
Marinus Pharma Moving Average
Moving averages show the MRNS stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.72 is below the price of $7.94.
Marinus Pharma Bollinger Bands
Bollinger bands comprise of a center line usually MRNS SMA, and two MRNS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Marinus Pharma bollinger bands.
Marinus Pharma Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Marinus Pharma MACD line is below the signal line.
Marinus Pharma Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of MRNS stock is 71.84.