MARTEN TRANSPORT - Daily - Technical analysis published on 08/26/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bullish
Technical indicators
33%
33%
33%
My opinion
Neutral between 18.15 USD and 18.70 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 18.15 USD. The first resistance is located at 18.70 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by MARTEN TRANSPORT.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MARTEN TRANSPORT price is 18.24 USD. The price registered a decrease of -7.83% on the session and was between 18.21 USD and 19.08 USD. This implies that the price is at +0.16% from its lowest and at -4.40% from its highest.18.21
19.08
18.24
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:
Technical
A technical analysis in Daily of this MARTEN TRANSPORT chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.78 | 17.71 | 18.15 | 18.24 | 18.70 | 20.16 | 21.07 |
| Change (%) | -8.00% | -2.91% | -0.49% | - | +2.52% | +10.53% | +15.52% |
| Change | -1.46 | -0.53 | -0.09 | - | +0.46 | +1.92 | +2.83 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 18.58 | 18.77 | 18.93 | 19.12 | 19.29 | 19.48 | 19.65 |
| Camarilla | 19.00 | 19.04 | 19.07 | 19.10 | 19.13 | 19.17 | 19.20 |
| Woodie | 18.56 | 18.76 | 18.92 | 19.12 | 19.28 | 19.47 | 19.64 |
| Fibonacci | 18.77 | 18.90 | 18.99 | 19.12 | 19.26 | 19.34 | 19.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.03 | 17.37 | 18.03 | 18.36 | 19.02 | 19.35 | 20.01 |
| Camarilla | 18.41 | 18.50 | 18.59 | 18.69 | 18.78 | 18.87 | 18.96 |
| Woodie | 17.19 | 17.45 | 18.19 | 18.44 | 19.18 | 19.44 | 20.18 |
| Fibonacci | 17.37 | 17.75 | 17.98 | 18.36 | 18.74 | 18.97 | 19.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.10 | 15.42 | 17.40 | 18.71 | 20.69 | 22.00 | 23.98 |
| Camarilla | 18.47 | 18.77 | 19.07 | 19.37 | 19.67 | 19.97 | 20.28 |
| Woodie | 14.43 | 15.58 | 17.73 | 18.88 | 21.02 | 22.17 | 24.31 |
| Fibonacci | 15.42 | 16.68 | 17.45 | 18.71 | 19.97 | 20.75 | 22.00 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 46.58 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 0.05 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 18.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.08 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 17.71 | |
| Zig ZAG (10): | 18.24 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 66.65 | |
| TEMA (21): | 18.69 | |
| Williams %R (14): | -68.43 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -5.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 1.76 |
| MA7: | 18.71 | |
| MA20: | 18.66 | |
| MA50: | 18.12 | |
| MA100: | 18.20 | |
| MAexp7: | 18.68 | |
| MAexp20: | 18.59 | |
| MAexp50: | 18.35 | |
| MAexp100: | 18.20 | |
| Price / MA7: | -2.51% | |
| Price / MA20: | -2.25% | |
| Price / MA50: | +0.66% | |
| Price / MA100: | +0.22% | |
| Price / MAexp7: | -2.36% | |
| Price / MAexp20: | -1.88% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | +0.22% |
News
The latest news and videos published on MARTEN TRANSPORT at the time of the analysis were as follows:
-
Marten Transport
- Marten Transport Announces Fourth Quarter and Year End Results
- Marten Transport Declares Quarterly Dividend
- Marten Transport Announces Third Quarter Results
This member declared not having a position on this financial instrument or a related financial instrument.
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