MRX Technical Signal Analysis
MRX have 3 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-03-10. The total price change during this trend is +12.31%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of MRX over last 5 trading day is $13,623,744.17
3 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
2.62
Bullish
Closing price
close > fibonacci_R1
35.68
Bullish
Moving Average
5-day SMA crosses above 60-day SMA
--
Bullish
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
90.25
Bearish
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.54
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.01
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
94.69
Bearish
Williams %R (14 days)
WILLR_14 > -20
-0.61
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
2.62
Bullish
Closing price
close > fibonacci_R1
35.68
Bullish
Moving Average
5-day SMA crosses above 60-day SMA
--
Bullish
MRX Support and Resistance Level
The support levels for MRX are at 33.11, 32.38, and 31.2, while the resistance levels are at 35.47, 36.2, and 37.38. With the current stock price at 38.84, it is leaning more toward the resistance levels.
MRX Technical Analysis
Comprehensive Technical Analysis of MRX Stock
Price Overview:
- Current Price: $32.92 (as of 2025-03-14)
- High: $33.4092
- Low: $31.23
- Volume: 530,119
Technical Indicators:
- RSI: 41.06 (RSI_6), 40.73 (RSI_12), 41.67 (RSI_14) - Indicates a bearish range but not oversold.
- Stochastic Oscillator: %K (20.27) and %D (16.70) - Oversold condition, potential bounce.
- MACD: -0.82 (MACD), -0.62 (Signal), -0.19 (Histogram) - Bearish trend with slight divergence.
Fibonacci Levels:
- Pivot: $34.14
- Resistance Levels: $37.05 (R1), $38.85 (R2), $41.76 (R3)
- Support Levels: $31.23 (S1), $29.43 (S2), $26.52 (S3)
News and Sentiment:
- Upcoming earnings conference call on March 6, 2025.
- Listed as a top value stock but with recent insider sales.
Conclusion:
The stock is near the lower end of its range with mixed signals. While oversold, the bearish trend persists. It's advisable to sell or wait for a clearer bullish signal before buying.
Recommendation: Sell or wait for confirmation before entering a long position.
Exact Price: $32.92
Action: Sell
MRX FAQs
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Is MRX a buy based on overall technical signals summary?
MRX Buy or Sell
MRX has 3 buy signals and 5 sell signals now. Overall the technical rating for MRX is Sell.
Sell
Sell
5
Buy
3
MRX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 38.84 above the SMA_5. In the short term, the stock shows a positive trend with the 34.9 above the SMA_20. In the mid term, the stock shows a negative trend with the 34.06 below the SMA_60. In the long term, the stock shows a positive trend with the 34.86 above the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about MRX's current trend?What are MRX's key support and resistance levels?