Marin Software Incorporated MRIN Stock Analysis

Marin Software Incorporated stock trades under the ticker MRIN & has recently shown a good deal of technical strength.

MRIN stock closed for trading on 10/23/2020 at $3.45/share, after gapping up a couple of days prior.

There are no options for MRIN stock, so the fact that they’re down 9.6% in pre-market trading (as of 9am on 10/26), paving the way for a potential attractive entry point.

As a member of the NASDAQ, a hedge agains them would be something like an SQQQ, an inverse NASDAQ ETN.

Marin Software Incorporated MRIN Stock Technical Performance For The Last Year

MRIN Stock Price: $3.45

10 Day Moving-Average: $1.85

50 Day Moving-Average: $1.43

200 Day Moving-Average: $1.42

RSI: 68

As the 50 Day Moving-Average just crossed the 200 Day & will continue to climb, there should still be some steam in MRIN from a short-term trade perspective, making it worth taking a closer look at for traders.

*** I DO NOT OWN SHARES OF MRIN STOCK ***