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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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
18.09 18.23 17.63 17.66 -0.45
Entry Signal

MarketClub’s Trade Triangles for MRTN

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 18.42

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2024 at 17.15

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 17.78

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
18.09 18.23 17.63 17.66 -0.45
Prev. Close Volume Bid Ask Time
18.11 88605 2024-07-22 11:05:10
Year High29.6Year High Date2018-01-26
Year Low18.07Year Low Date2018-10-26
52wk High23.3852wk High Date2023-08-04
52wk Low15.3352wk Low Date2024-04-19
Year End Close18.39Average Volume561,960
Shares Outstanding81,363Short Interest357,437
% Institutional67.3Market Cap1,216M
Assets993,019,000MLiabilities230,590,000M
P/E Ratio25.507Beta0.89
Volatility30.36
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