Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-15 View latest technical analysis

10 day averaged volume of Marten Transport is 497190

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	18.59	18.52	18.98	18.47	9.732 times
14 Thu Mar 2024	18.61	18.93	18.95	18.35	1.759 times
13 Wed Mar 2024	18.99	19.10	19.17	18.80	1.22 times
12 Tue Mar 2024	19.02	18.86	19.05	18.62	1.344 times
11 Mon Mar 2024	18.88	18.69	18.90	18.48	1.069 times
08 Fri Mar 2024	18.89	18.98	19.34	18.74	0.867 times
07 Thu Mar 2024	18.76	18.56	18.83	18.49	0.823 times
06 Wed Mar 2024	18.39	18.39	18.53	18.27	0.644 times
05 Tue Mar 2024	18.34	18.38	18.65	18.24	0.54 times
04 Mon Mar 2024	18.38	18.88	18.96	18.34	0.625 times

Stock of Marten Transport (MRTN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.6, but if it comes above 18.6, then a intra day buy could be more profitable.
If you take a sell trade below 18.6, then use 18.6 as stoploss and 18.2 as target. However if you take a buy trade in stock , then use 18.6 as stoploss and 18.89 as target.

Share price targets for Marten Transport (MRTN)

Target Type	Value
Downside Target	17.38
Downside Target	18.24
Upside Target	19.15
Upside Target	19.34
Upside Target	19.51
Upside Target	19.61
Upside Target	20.24
Upside Target	21.08
Upside Target	21.38

Intraday share price targets for Marten Transport (MRTN)

Target Type	Value
Downside Intraday Target	18.24
Downside Intraday Target	17.88
Upside Intraday Target	19.06
Upside Intraday Target	19.52
Upside Intraday Target	18.7

Weekly technical analysis of Marten Transport (MRTN)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	18.59	18.69	19.17	18.35	4.322 times
08 Fri Mar 2024	18.89	18.88	19.34	18.24	0.845 times
01 Fri Mar 2024	18.70	19.44	19.51	18.35	1.498 times
23 Fri Feb 2024	19.53	19.00	19.61	18.72	1.019 times
16 Fri Feb 2024	19.19	19.67	20.24	19.15	0.89 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
15 Fri Mar 2024	18.59	18.91	19.34	18.24	1.432 times
29 Thu Feb 2024	18.85	18.57	20.24	18.42	1.165 times
31 Wed Jan 2024	18.50	20.86	21.08	18.50	0.868 times
29 Fri Dec 2023	20.98	18.81	21.38	18.77	1.368 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marten Transport ( (MRTN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Marten Transport ( (MRTN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marten Transport ( (MRTN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Marten Transport in short term but the buy 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Marten Transport in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 18.67 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.