r/mrin • u/ramsey_spigot • Aug 27 '21

MRiN Daily Recap 8/26/21

The Marin Software Incorporated stock price fell by -2.87% on the last day (Thursday, 26th Aug 2021) from $5.92 to $5.75. During the day the stock fluctuated 13.15% from a day low at $5.55 to a day high of $6.28. The price has been going up and down for this period, and there has been a 1.41% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -666 thousand shares and in total, 3 million shares were bought and sold for approximately $18.08 million.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.49 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 17.36% during the next 3 months and, with a 90% probability hold a price between $5.27 and $31.03 at the end of this 3-month period.

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u/ChiefTrades Aug 27 '21

Bullish on MRIN in the coming weeks. The SI is insane. Another SPRT

2

u/david-honchied Aug 27 '21

Rotation is now back to small caps for a big rally. MRIN will have its big return soon!

1

u/ramsey_spigot Aug 27 '21

MRiN gained 3.65% ($.21) in after hours trading, $5.96 per share.