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Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Marten Transport, Ltd. (NASDAQ:MRTN)
Strong Downtrend (-100) - MRTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MRTN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MRTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRTN
The long-term trend has been DOWN since Sep 6th, 2023 at 20.18
The intermediate-term trend has been DOWN since Aug 22nd, 2023 at 21.34
The short-term trend has been DOWN since Sep 19th, 2023 at 20.30
Smart Scan Analysis for MRTN
Based on our trend formula, MRTN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.7100 | 19.9300 | 19.6929 | 19.7900 | +0.0800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.7100 | 111241 | 2023-09-28 15:59:47 |
| Year High | 29.6 | Year High Date | 2018-01-26 |
| Year Low | 18.07 | Year Low Date | 2018-10-26 |
| 52wk High | 23.38 | 52wk High Date | 2023-08-04 |
| 52wk Low | 17.64 | 52wk Low Date | 2022-10-21 |
| Year End Close | 18.39 | Average Volume | 301,607 |
| Shares Outstanding | 81,301 | Short Interest | 357,437 |
| % Institutional | 67.3 | Market Cap | 1,216M |
| Assets | 100,408,400M | Liabilities | 264,064,000M |
| P/E Ratio | 16.563 | Beta | 0.89 |
| Volatility | 30.36 |