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(ABSMARINE_SM) Abs Marine complete technical analysis [charts+indicators] | Buy/Sell Abs Marine | (ABSMARINE_SM) share price targets

Complete technical analysis of Abs Marine (ABSMARINE_SM) by charts plus indicators, forecast predictions and share price targets for Abs Marine (ABSMARINE_SM)

Showing technical analysis as on 2024-10-11 View latest technical analysis

10 day averaged volume of Abs Marine is 49400

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	261.20	267.20	275.00	260.75	0.85 times
10 Thu Oct 2024	267.20	259.95	273.90	255.05	1.721 times
09 Wed Oct 2024	257.65	258.00	260.00	254.00	0.587 times
08 Tue Oct 2024	257.35	251.85	259.00	251.85	0.405 times
07 Mon Oct 2024	250.85	256.00	256.55	248.00	2.53 times
04 Fri Oct 2024	258.40	263.00	265.00	256.90	0.85 times
03 Thu Oct 2024	260.05	265.00	265.00	258.60	0.83 times
01 Tue Oct 2024	269.60	262.15	271.00	262.15	0.648 times
30 Mon Sep 2024	262.15	261.00	265.00	255.00	0.951 times
27 Fri Sep 2024	263.50	267.00	267.00	262.80	0.567 times

My analysis of stock is bearish for shortterm, and stock might move down till 256.8 or till 247.9. Use a stoploss of 264.13 and if the stock hits stoploss, then it can shoot up till 271.49

Share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Target	190.00
Downside Target	248.00
Upside Target	262.80
Upside Target	275.00
Upside Target	286.55
Upside Target	296.55
Upside Target	305.10
Upside Target	307.95
Upside Target	344.50
Upside Target	396.00
Upside Target	425.00

Intraday share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Intraday Target	247.8
Downside Intraday Target	234.4
Upside Intraday Target	274.8
Upside Intraday Target	288.4
Upside Intraday Target	261.4

Weekly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	261.20	256.00	275.00	248.00	1.858 times
04 Fri Oct 2024	258.40	261.00	271.00	255.00	0.518 times
27 Fri Sep 2024	263.50	273.90	286.55	262.80	0.672 times
20 Fri Sep 2024	270.10	269.50	274.90	251.00	1.479 times
13 Fri Sep 2024	271.05	284.00	296.55	268.00	0.189 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	261.20	262.15	275.00	248.00	0.148 times
30 Mon Sep 2024	262.15	287.00	307.95	251.00	0.793 times
30 Fri Aug 2024	287.30	344.50	344.50	274.00	0.66 times
31 Wed Jul 2024	336.90	366.85	425.00	305.10	0.525 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Abs Marine (ABSMARINE_SM)

Price action analysis of Abs Marine ( (ABSMARINE_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Abs Marine ( (ABSMARINE_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Abs Marine ( (ABSMARINE_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Abs Marine stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Abs Marine in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Abs Marine Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Abs Marine in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Abs Marine is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 259.67 and Abs Marine (ABSMARINE_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Abs Marine (ABSMARINE_SM) stock. Volume based technical analysis of Abs Marine (ABSMARINE_SM) stock is negative.

Abs Marine Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.