Marathon Digital Stock Meets 80-Plus Relative Strength Rating Benchmark

Marathon Digital (MARA) stock had its Relative Strength (RS) Rating upgraded from 73 to 83 Thursday.

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This proprietary rating measures technical performance by showing how a stock’s price action over the last 52 weeks compares to that of the other stocks in our database.

History shows that the best stocks typically have an RS Rating of at least 80 as they begin their biggest climbs.

Hone Your Stock=Picking Skills By Focing On These Factors

Is Marathon Digital Stock A Buy?

Marathon Digital stock had some wild ride with big ascents and big declines. The cryptocurrency mining stock fell under its 200-day moving average and is not in a buying range. See if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

The company showed 0% earnings growth in the latest quarterly report, while sales growth came in at 452%. Look for the next report on or around May 8.

Marathon Digital stock holds the No. 26 rank among its peers in the Finance-Investment Management industry group. Blue Owl Capital (OWL), Sprott (SII) and Apollo Global Management (APO) are among the top 5 highly rated stocks within the group.

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