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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 2024-08-19 View latest technical analysis

10 day averaged volume of Marco Cable is 55200

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	57.30	56.00	58.00	56.00	0.543 times
16 Fri Aug 2024	57.50	57.20	58.50	56.50	0.598 times
14 Wed Aug 2024	57.20	57.35	58.00	57.00	0.598 times
13 Tue Aug 2024	56.85	55.20	58.90	55.00	5.217 times
12 Mon Aug 2024	54.60	56.00	56.00	54.60	0.598 times
09 Fri Aug 2024	54.50	54.10	55.50	54.10	0.163 times
08 Thu Aug 2024	53.75	54.75	55.00	53.60	0.326 times
07 Wed Aug 2024	54.75	53.50	54.75	53.50	0.598 times
06 Tue Aug 2024	53.50	53.25	53.95	52.60	0.543 times
05 Mon Aug 2024	52.50	53.90	54.65	52.00	0.707 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.8, but if it comes below 56.8, then a intra day sell could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 54.69 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 59.3 as target.

Share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Target	40.50
Downside Target	42.00
Downside Target	47.00
Downside Target	50.30
Downside Target	51.50
Downside Target	53.05
Downside Target	54.60
Upside Target	57.90
Upside Target	58.00
Upside Target	58.50
Upside Target	58.90
Upside Target	63.00

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Intraday Target	56.2
Downside Intraday Target	55.1
Upside Intraday Target	58.2
Upside Intraday Target	59.1
Downside Intraday Target	57.1

Weekly technical analysis of Marco Cable (MARCO_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	57.30	56.00	58.00	56.00	0.078 times
16 Fri Aug 2024	57.50	56.00	58.90	54.60	3 times
09 Fri Aug 2024	54.50	53.90	55.50	52.00	0.544 times
02 Fri Aug 2024	55.25	57.85	57.90	53.05	0.627 times
26 Fri Jul 2024	57.30	51.25	58.50	50.30	2.739 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
19 Mon Aug 2024	57.30	56.00	58.90	52.00	0.325 times
31 Wed Jul 2024	56.55	47.05	63.00	47.00	1.444 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

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 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 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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Marco Cable in short term but SELL signal is weak.

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 56.04 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 rising upwards.

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.