MARA HOLDINGS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MARA
ISIN:

MARA HOLDINGS INC. - Daily - Technical analysis published on 02/29/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 26.40 USD

My targets

29.42 USD (+6.47%)

31.06 USD (+12.41%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MARATHON DIGITAL HLD. as long as the price remains well above 26.40 USD. The buyers' bullish objective is set at 29.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 31.06 USD. If there is any crossing, the next objective would be the resistance located at 49.60 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MARATHON DIGITAL HLD. price is 27.63 USD. The price is lower by -10.96% since the last closing and was traded between 27.40 USD and 30.70 USD over the period. The price is currently at +0.84% from its lowest and -10.00% from its highest.

27.40

30.70

27.63

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on MARATHON DIGITAL HLD. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this MARATHON DIGITAL HLD. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.04	19.18	22.91	27.63	31.06	49.60	56.56
Change (%)	-67.28%	-30.58%	-17.08%	-	+12.41%	+79.52%	+104.71%
Change	-18.59	-8.45	-4.72	-	+3.43	+21.97	+28.93
Level	Minor	Major	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.35	26.91	28.97	31.53	33.59	36.15	38.21
Camarilla	29.76	30.18	30.61	31.03	31.45	31.88	32.30
Woodie	24.10	26.79	28.72	31.41	33.34	36.03	37.96
Fibonacci	26.91	28.68	29.77	31.53	33.30	34.39	36.15

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.24	19.96	21.97	24.69	26.70	29.42	31.43
Camarilla	22.69	23.12	23.56	23.99	24.42	24.86	25.29
Woodie	16.90	19.78	21.63	24.51	26.36	29.24	31.09
Fibonacci	19.96	21.76	22.88	24.69	26.49	27.61	29.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-2.72	5.95	11.84	20.51	26.40	35.07	40.96
Camarilla	13.73	15.06	16.40	17.73	19.07	20.40	21.73
Woodie	-4.11	5.26	10.45	19.82	25.01	34.38	39.57
Fibonacci	5.95	11.51	14.95	20.51	26.07	29.51	35.07

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.14
MACD (12,26,9):	2.4500
Directional Movement:	22.28
AROON (14):	92.86
DEMA (21):	28.06
Parabolic SAR (0,02-0,02-0,2):	25.61
Elder Ray (13):	2.92
Super Trend (3,10):	21.95
Zig ZAG (10):	28.50
VORTEX (21):	1.0600
Stochastique (14,3,5):	71.53
TEMA (21):	29.27
Williams %R (14):	-52.81
Chande Momentum Oscillator (20):	0.97
Repulse (5,40,3):	-7.3700
ROCnROLL:	1
TRIX (15,9):	1.2800
Courbe Coppock:	79.81

MA7:	27.14
MA20:	24.28
MA50:	22.61
MA100:	16.69
MAexp7:	27.85
MAexp20:	25.16
MAexp50:	21.87
MAexp100:	18.65
Price / MA7:	+1.81%
Price / MA20:	+13.80%
Price / MA50:	+22.20%
Price / MA100:	+65.55%
Price / MAexp7:	-0.79%
Price / MAexp20:	+9.82%
Price / MAexp50:	+26.34%
Price / MAexp100:	+48.15%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on MARATHON DIGITAL HLD.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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