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(MRTN) Marten Transport complete technical analysis [charts+indicators] | Buy/Sell Marten Transport | (MRTN) share price targets

Complete technical analysis of Marten Transport (MRTN) by charts plus indicators, forecast predictions and share price targets for Marten Transport (MRTN)

Marten Transport trades in USA in Transportation sector.

Showing technical analysis as on 2024-01-26 View latest technical analysis

10 day averaged volume of Marten Transport is 223760

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jan 2024	19.28	20.57	20.71	19.28	1.969 times
25 Thu Jan 2024	20.39	20.57	20.70	20.15	1.333 times
24 Wed Jan 2024	20.28	20.88	20.96	20.28	0.901 times
23 Tue Jan 2024	20.66	20.76	20.88	20.51	1.423 times
22 Mon Jan 2024	20.62	19.93	20.71	19.90	1.287 times
19 Fri Jan 2024	19.85	19.87	19.87	19.37	1.155 times
18 Thu Jan 2024	19.74	19.49	19.79	19.39	0.717 times
17 Wed Jan 2024	19.41	19.24	19.46	19.23	0.748 times
16 Tue Jan 2024	19.55	19.78	19.79	19.45	0.894 times
12 Fri Jan 2024	19.89	20.19	20.37	19.74	0.771 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.6, but if it comes above 19.6, then a intra day buy could be more profitable.
If you take a sell trade below 19.6, then use 19.6 as stoploss and 19.1 as target. However if you take a buy trade in stock , then use 19.6 as stoploss and 20.02 as target.

Share price targets for Marten Transport (MRTN)

Target Type	Value
Downside Target	17.34
Downside Target	18.77
Downside Target	19.22
Upside Target	20.34
Upside Target	20.37
Upside Target	20.53
Upside Target	20.96
Upside Target	21.08
Upside Target	21.32
Upside Target	21.38

Intraday share price targets for Marten Transport (MRTN)

Target Type	Value
Downside Intraday Target	18.72
Downside Intraday Target	18.16
Upside Intraday Target	20.4
Upside Intraday Target	21.52
Upside Intraday Target	19.84

Weekly technical analysis of Marten Transport (MRTN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jan 2024	19.28	19.93	20.96	19.28	1.967 times
19 Fri Jan 2024	19.85	19.78	19.87	19.23	4.556 times
12 Fri Jan 2024	19.89	20.19	20.37	19.74	0.153 times
12 Fri Jan 2024	19.89	19.83	20.53	19.42	1.065 times
05 Fri Jan 2024	19.90	20.86	21.08	19.58	3.831 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marten Transport (MRTN)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jan 2024	19.28	20.86	21.08	19.23	0.693 times
29 Fri Dec 2023	20.98	18.81	21.38	18.77	1.368 times
30 Thu Nov 2023	18.85	17.57	19.22	17.38	0.925 times
31 Tue Oct 2023	17.58	19.59	20.34	17.34	0.858 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Marten Transport (MRTN)

Price action analysis of Marten Transport ( (MRTN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Marten Transport ( (MRTN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marten Transport ( (MRTN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marten Transport ( (MRTN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Marten Transport stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Marten Transport in short term but the sell signal is initial and weak.

Marten Transport Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Marten Transport in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Marten Transport is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.98 and Marten Transport (MRTN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Marten Transport (MRTN) stock. Volume based technical analysis of Marten Transport (MRTN) stock is negative.

Marten Transport Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.