Red ListRecovering

MRTNMarten Transport, Ltd.

Industrials · Trucking · small-cap ($994M)
-30.0%
from rolling 252-day high of $18.34 set 2026-06-09 · 129d ago
Current
$12.84
Decline depth
-30.0%
Decline σ
5.4σ
TFC
1/5 bearish

Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Snapshot . Price structure, not a judgment about the business.

A bullish structural signal is also active. The Recovering badge coexists with the decline tier; it does not establish a completed recovery.

What changed

Since the previous observation.

Tier and recovery signal are unchanged between these two observations.

Comparing with . This compares classification, not price returns.

See the recorded timeline →

Why it is flagged

MRTN is held on the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Inspect the three classification measures
Decline depth
-30.0%
From rolling 252-day high of $18.34, 129d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
5.4σ
Drop over the last 20 bars in units of daily volatility (1.34%/day). Past the ≥4σ Watch threshold.

Price history

The price path behind the snapshot.

Daily prices with the rolling-high reference. When a recorded classification event falls on a displayed trading date, it is marked on the chart.

Rolling 252-day high Gold dots: recorded classification events (see timeline) Up day Down day 90 daily bars from Alpaca · through

The recorded history

A timeline of observations.

First observed 2026-06-10. These are scan observations, not exact transition times or the start of a decline. Missing scan dates are not filled in.

  1. Red List → Red List; recovery signal active
  2. Red List; recovery signal active → Red List
  3. Amber List → Red List; recovery signal active
  4. Red List → Amber List
  5. Amber List → Red List
  6. Amber List; recovery signal active → Amber List
  7. Red List → Amber List; recovery signal active
  8. Amber List → Red List
  9. Watch → Amber List
  10. Watch; recovery signal active → Watch
  11. Amber List → Watch; recovery signal active
  12. Watch; recovery signal active → Amber List

Showing the latest 12 of 36 recorded events.

Absence from a captured list does not establish recovery. Historical tiers reflect the rules and data recorded at that time.

Technical interpretation and signal details

The structural read

What price action says about MRTN.

MRTN is held on the Red List. A tier moves down, or a name leaves the list, only after five consecutive scans below the tier's rules with a cushion of 3 points on depth and 1σ on sigma. Today's unbuffered reading: Watch.

Cross-confirmation: decline sigma also reads 5.4σ over 20 bars.

A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier reflects the most severe price-structure rule; Recovering identifies a separate bullish signal. Not a buy signal.

Whether MRTN's turn is investable is ConvictionEdge's question, not ours.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (green), monthly 2D (red).

Earnings on file: 2026-01-27. Earnings dates don't affect tiering.

Questions about MRTN

What people ask.

Why is MRTN on Broken Stocks?

MRTN is held on the Red List. Held on the Red List: it last met the Red List rules. Today it reads Watch; a tier moves down only after five consecutive scans below its rules. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for MRTN?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — MRTN is still Red List because a price-structure rule still triggers, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier reflects the most severe triggered rule; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is MRTN a falling knife?

Not by the strict technical definition. MRTN is down -30.0% from its 52-week high, but that high was set 129d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. MRTN is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is MRTN a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is MRTN trading inside its 52-week range?

At $12.84, MRTN sits 57.5% of the way from its 52-week low ($9.35) to its 52-week high ($15.42). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has MRTN been declining?

The current 30.0% decline accrued over 129d, which annualizes to roughly -84.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does MRTN compare to its sector?

There are 628 other Industrials tickers on Broken Stocks: 396 Red, 148 Amber, 84 Watch, with 291 showing recovering structural signals. Median sector decline is -35.8% — MRTN's decline is shallower than the sector median.

Does MRTN's earnings date affect its tier?

No. Tiering uses decline depth and recency, bearish time-frame structure, and decline sigma. The earnings date on file (2026-01-27) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.