Free Daily Analysis

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.

NASDAQ_MRTN
Open High Low MRTN Price Change
19.7100 19.9300 19.6929 19.7900 +0.0800
Entry Signal

MarketClub’s Trade Triangles for MRTN

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 20.18

intermediate term down The intermediate-term trend has been DOWN since Aug 22nd, 2023 at 21.34

short term down 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).

-100
Smart Scan Analysis for MRTN
Strong Downtrend Sideways 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 High29.6Year High Date2018-01-26
Year Low18.07Year Low Date2018-10-26
52wk High23.3852wk High Date2023-08-04
52wk Low17.6452wk Low Date2022-10-21
Year End Close18.39Average Volume301,607
Shares Outstanding81,301Short Interest357,437
% Institutional67.3Market Cap1,216M
Assets100,408,400MLiabilities264,064,000M
P/E Ratio16.563Beta0.89
Volatility30.36
Get a free daily analysis and signals for Marten Transport, Ltd. (MRTN) - Request Your Free Report.