What is the projected price target for MARA after a potential breakout?

The projected price target for MARA after a potential breakout can be determined by analyzing the average of the price targets set by analysts and the stock's technical indicators. 1. **Analyst Price Targets**: - The average of the analyst price targets for MARA is $21.90. This target is based on the consensus of analysts who have provided 12-month price targets for the stock. - Some analysts have set more aggressive targets, such as $24.00, while others have set lower targets at $19.00. The average target represents a significant upside from the current price, indicating that analysts are generally optimistic about the stock's future performance. |code|Ticker|Name|Date|Support Level|Resistance Level|market_code| |---|---|---|---|---|---|---| |MARA|MARA.O|MARA Holdings|20250701|13.4850|16.6800|186| 2. **Technical Indicators**: - The stock's support level is at $13.49, and the resistance level is at $16.68. A breakout above the resistance level could indicate a strong upward trend and potentially lead to the average analyst target or higher. - The 50-day moving average is at $14.96, and the 200-day moving average is at $16.81. These moving averages can also serve as reference points for the stock's potential price levels after a breakout. |code|Ticker|Name|Date|Moving Average|market_code| |---|---|---|---|---|---| |MARA|MARA.O|MARA Holdings|20250701|15.3320|186| 3. **Fibonacci Retracement**: - The 618 Fibonacci retracement over the past year is $22.46. This level could be a significant target if the stock experiences a strong bullish trend. |code|Ticker|Name|market_code| |---|---|---|---| |MARA|MARA.O|MARA Holdings|186| Considering these factors, the projected price target for MARA after a potential breakout could range from $19.00 to $24.00, with some analysts and technical indicators suggesting a potential to reach even higher levels, such as the average analyst target of $21.90 or the 618 Fibonacci level of $22.46. However, it's important to note that these targets are based on current data and market conditions, and actual performance may vary.