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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 2024-12-16 View latest technical analysis

10 day averaged volume of Abs Marine is 58550

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	197.75	200.00	203.65	197.10	0.922 times
13 Fri Dec 2024	200.60	203.00	203.00	197.00	1.512 times
12 Thu Dec 2024	203.55	203.00	207.95	202.50	0.803 times
11 Wed Dec 2024	204.40	212.00	212.00	204.00	0.931 times
10 Tue Dec 2024	210.70	214.90	214.90	209.00	0.495 times
09 Mon Dec 2024	212.50	216.55	219.00	212.00	0.495 times
06 Fri Dec 2024	216.50	214.45	219.45	213.50	0.606 times
05 Thu Dec 2024	216.05	213.05	221.00	213.05	0.991 times
04 Wed Dec 2024	214.70	214.40	224.00	213.00	1.537 times
03 Tue Dec 2024	214.40	198.10	218.00	198.10	2.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 198.6, but if it comes above 198.6, then a intra day buy could be more profitable.
If you take a sell trade below 198.6, then use 198.6 as stoploss and 190.5 as target. However if you take a buy trade in stock , then use 198.6 as stoploss and 205.43 as target.

Share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Target	183.00
Downside Target	193.00
Upside Target	203.65
Upside Target	211.95
Upside Target	219.00
Upside Target	224.00
Upside Target	251.00
Upside Target	270.90
Upside Target	274.00
Upside Target	275.00
Upside Target	307.95
Upside Target	344.50

Intraday share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Intraday Target	195.35
Downside Intraday Target	192.95
Upside Intraday Target	201.9
Upside Intraday Target	206.05
Upside Intraday Target	199.5

Weekly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	197.75	200.00	203.65	197.10	0.218 times
13 Fri Dec 2024	200.60	216.55	219.00	197.00	0.735 times
06 Fri Dec 2024	216.50	196.75	224.00	196.00	1.448 times
29 Fri Nov 2024	195.75	210.00	213.85	193.00	0.724 times
22 Fri Nov 2024	207.90	197.00	211.95	183.00	0.513 times

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

Monthly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	197.75	196.75	224.00	196.00	0.397 times
29 Fri Nov 2024	195.75	240.00	270.90	183.00	1.184 times
31 Thu Oct 2024	238.70	262.15	275.00	206.00	0.484 times
30 Mon Sep 2024	262.15	287.00	307.95	251.00	0.793 times

Scroll below to view daily charts

Price has moved up 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Abs Marine ( (ABSMARINE_SM) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

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

Abs Marine Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Abs Marine in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 209.2 and Abs Marine (ABSMARINE_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.