Marathon Digital Holdings, Inc. Common Stock | MARA

Daily Technical Analysis of Marathon Digital Holdings, Inc. Common Stock

Marathon Digital Holdings is up a bit on the day, funds flowing in kept the price up 1.41% since yesterday.

It looks like Marathon Digital Holdings isn't currently at a very decisive point in regards to support/resistance levels. Marathon Digital Holdings hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. MARA might find some support at the 3.145 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Marathon Digital Holdings By Price Target And Rating

The analysts are pretty neutral on Marathon Digital Holdings right now, so not much useful information here. The current Analysts Sentiment Score is 5.48. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Chardan Capital decided to move up their price target on 2024-03-04 to $30.00 which is a 15.38% increase. HC Wainwright gave a boost to their price target and moved to $35.00 from $24.00 on 2024-02-29. On 2024-01-17 there was an upgrade provided by BTIG Research from Neutral to Buy and added a price target of $27.00. Sanford C. Bernstein initiated a rating of Market Perform on 2023-10-31 and they set their price target at $8.30.JPMorgan Chase & Co. announced that they are initiating coverage with a rating of Underweight on 2023-10-11 and they set their price target at $5.00.Needham & Company LLC announced that they are initiating coverage with a rating of Hold on 2023-10-02. B. Riley gave a boost to their price target and moved to $11.00 from $8.00 on 2023-08-10. Compass Point dropped their price target by -4.76% to $20.00 on 2023-08-09.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
MARA	5.48	3.21	-1.13	10.02	-1.15

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-20)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
MARA	0.00	0.00

Short interest for Marathon Digital Holdings

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
MARA	13.5	%24.6703	1.8	2.046	52190000

How Marathon Digital Holdings compares to the broader Industrials sector and the more specific Business Services industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Business Services Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	42	0.44	-0.17	4.60	2.71	8.95	23.61	68.48	39.13	23.41	32.80	-4594.06	-22747.78	30.36	0.00	3.53	4.07
Industrials Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	284	0.73	0.40	5.86	8.08	10.21	34.11	65.51	29.95	19.68	27.35	-6556.87	-20848.43	22.18	2.29	3.59	2.52

Social Sentiment for Marathon Digital Holdings

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
MARA

Companies with the highest correlation to Marathon Digital Holdings

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
RIOT \| Riot Platforms, Inc. Comm	2.07	-9.79	-11.40	13.69	42.71	5.69	-5.52	74	7.45	5.13	-3.52	-1509.91	-14039.49	11.974
MSTR \| MicroStrategy Inc	1.68	2.84	43.05	107.95	267.61	189.23	859.50	85	51.50	38.03	69.28	0.00	-25628.89	15.2268
CLSK \| CLEANSPARK INC	1.59	5.79	5.56	23.83	38.67	-13.34	226.93	80	2.06	1.78	-7.24	-2467.50	-17144.89	4.5633

Top 3 correlating companies

See full charts for all peers

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc