Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-24 View latest technical analysis

10 day averaged volume of Marco Cable is 38100

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	50.40	52.00	52.10	50.30	0.945 times
23 Tue Jul 2024	51.00	54.45	54.75	51.00	1.024 times
22 Mon Jul 2024	51.00	51.25	53.00	51.00	0.551 times
19 Fri Jul 2024	52.75	53.00	54.00	52.00	0.709 times
18 Thu Jul 2024	54.35	54.90	55.00	53.00	1.024 times
16 Tue Jul 2024	52.50	51.80	52.50	51.80	0.315 times
15 Mon Jul 2024	51.75	52.00	52.85	51.60	1.575 times
12 Fri Jul 2024	53.00	55.15	55.15	53.00	0.315 times
11 Thu Jul 2024	55.15	51.70	55.95	51.70	1.811 times
10 Wed Jul 2024	52.10	55.75	55.75	51.00	1.575 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.5 as stoploss in an intra day buy trade for a target of 52.31. However, stock will show a bearish move below 49.5.

Share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Target	38.10
Downside Target	40.50
Downside Target	42.00
Downside Target	47.00
Downside Target	50.30
Upside Target	52.85
Upside Target	53.50
Upside Target	54.75
Upside Target	54.95
Upside Target	55.00
Upside Target	59.00
Upside Target	63.00

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Intraday Target	48.88
Downside Intraday Target	47.37
Upside Intraday Target	53.33
Upside Intraday Target	56.27
Upside Intraday Target	51.82

Weekly technical analysis of Marco Cable (MARCO_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	50.40	51.25	54.75	50.30	0.696 times
19 Fri Jul 2024	52.75	52.00	55.00	51.60	0.605 times
12 Fri Jul 2024	53.00	56.30	59.00	51.00	0.232 times
05 Fri Jul 2024	56.30	47.05	63.00	47.00	2.973 times
28 Fri Jun 2024	47.05	52.90	52.95	47.00	0.478 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 Marco Cable (MARCO_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	50.40	47.05	63.00	47.00	1.101 times
28 Fri Jun 2024	47.05	44.40	54.95	40.50	3.056 times
31 Fri May 2024	42.00	50.40	51.50	42.00	0.659 times
30 Tue Apr 2024	50.20	40.55	53.50	40.55	0.554 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a mid to longer 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.

ADX buy sell signal for Marco Cable stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 52.59 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 positive

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