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(MARCO_SM) Marco Cable complete technical analysis [charts+indicators] | Buy/Sell Marco Cable | (MARCO_SM) share price targets

Complete technical analysis of Marco Cable (MARCO_SM) by charts plus indicators, forecast predictions and share price targets for Marco Cable (MARCO_SM)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Marco Cable is 38700

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	50.95	49.00	50.95	49.00	0.93 times
19 Fri Apr 2024	49.00	47.00	49.00	47.00	0.543 times
18 Thu Apr 2024	48.10	47.25	50.00	47.25	1.473 times
16 Tue Apr 2024	46.00	44.40	46.90	44.40	2.326 times
15 Mon Apr 2024	45.60	46.00	46.00	44.20	1.008 times
12 Fri Apr 2024	47.05	50.20	50.20	46.50	1.318 times
10 Wed Apr 2024	50.55	51.00	51.00	50.55	0.155 times
08 Mon Apr 2024	50.00	51.00	51.00	50.00	0.233 times
05 Fri Apr 2024	50.00	49.35	51.00	49.00	0.543 times
04 Thu Apr 2024	49.35	51.00	52.00	49.00	1.085 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.6, but if it comes below 49.6, then a intra day sell could be more profitable.
If you take a sell trade below 49.6, then use 49.6 as stoploss and 45.85 as target. However if you take a buy trade in stock , then use 49.6 as stoploss and 54 as target.

Share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Target	38.10
Downside Target	40.05
Downside Target	42.45
Downside Target	44.20
Downside Target	46.50
Downside Target	49.00
Downside Target	50.00
Upside Target	52.00
Upside Target	52.85
Upside Target	58.75
Upside Target	60.90
Upside Target	65.00

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Intraday Target	49.65
Downside Intraday Target	48.35
Upside Intraday Target	51.6
Upside Intraday Target	52.25
Downside Intraday Target	50.3

Weekly technical analysis of Marco Cable (MARCO_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	50.95	49.00	50.95	49.00	0.174 times
19 Fri Apr 2024	49.00	46.00	50.00	44.20	3.136 times
12 Fri Apr 2024	47.05	51.00	51.00	46.50	0.423 times
05 Fri Apr 2024	50.00	40.55	52.00	40.55	0.452 times
28 Thu Mar 2024	40.55	41.10	42.45	40.05	1.949 times

Price has moved up 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 Marco Cable (MARCO_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	50.95	40.55	52.00	40.55	0.395 times
28 Thu Mar 2024	40.55	52.85	52.85	38.10	2.361 times
29 Thu Feb 2024	51.60	58.10	58.75	51.60	0.257 times
31 Wed Jan 2024	57.95	51.10	65.00	50.05	2.375 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 Marco Cable (MARCO_SM)

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marco Cable ( (MARCO_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 Marco Cable stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Marco Cable in short term and the buy signal is strong.

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

Marco Cable 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Marco Cable in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Marco Cable is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.85 and Marco Cable (MARCO_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 Marco Cable (MARCO_SM) stock. Volume based technical analysis of Marco Cable (MARCO_SM) stock is negative.

Marco Cable Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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