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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)

10 day averaged volume of Marco Cable is 19800

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	56.20	57.10	58.15	55.10	0.682 times
23 Thu Jan 2025	57.50	58.45	58.45	57.50	0.53 times
22 Wed Jan 2025	58.40	57.55	59.00	55.25	1.136 times
21 Tue Jan 2025	57.55	59.10	59.50	57.20	2.5 times
20 Mon Jan 2025	59.70	60.05	60.85	59.70	0.758 times
17 Fri Jan 2025	59.85	59.60	60.90	59.20	0.455 times
16 Thu Jan 2025	61.15	61.20	61.20	60.20	0.53 times
15 Wed Jan 2025	60.90	61.85	63.60	60.55	0.682 times
14 Tue Jan 2025	61.85	57.90	62.50	56.50	1.212 times
13 Mon Jan 2025	57.90	60.00	60.00	57.90	0.758 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58, but if it comes above 58, then a intra day buy could be more profitable.
If you take a sell trade below 58, then use 58 as stoploss and 55 as target. However if you take a buy trade in stock , then use 58 as stoploss and 60.5 as target.

Share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Target	49.40
Downside Target	55.10
Upside Target	56.50
Upside Target	60.00
Upside Target	63.60
Upside Target	65.00
Upside Target	66.50
Upside Target	68.25
Upside Target	68.90
Upside Target	73.00
Upside Target	81.50
Upside Target	83.95

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Intraday Target	53.92
Downside Intraday Target	51.63
Upside Intraday Target	59.67
Upside Intraday Target	63.13
Upside Intraday Target	57.38

Weekly technical analysis of Marco Cable (MARCO_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	56.20	60.05	60.85	55.10	1.542 times
17 Fri Jan 2025	59.85	60.00	63.60	56.50	0.308 times
10 Fri Jan 2025	60.25	65.40	66.65	49.40	1.076 times
03 Fri Jan 2025	65.40	61.10	68.25	61.10	4.143 times
27 Fri Dec 2024	61.85	66.50	66.50	61.05	0.438 times

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

Monthly technical analysis of Marco Cable (MARCO_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	56.20	64.60	68.25	49.40	1.418 times
31 Tue Dec 2024	63.80	66.10	68.90	61.05	0.854 times
29 Fri Nov 2024	65.60	71.90	73.00	60.30	0.755 times
31 Thu Oct 2024	69.70	81.50	81.50	60.00	0.553 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 Marco Cable (MARCO_SM)

Price action analysis of Marco Cable ( (MARCO_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 Marco Cable ( (MARCO_SM) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Marco Cable in short term and the sell signal is strong.

Marco Cable 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 Marco Cable in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Marco Cable is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.89 and Marco Cable (MARCO_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 Marco Cable (MARCO_SM) stock. Volume based technical analysis of Marco Cable (MARCO_SM) stock is negative.

Marco Cable 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.