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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 26700

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	48.05	49.00	49.00	48.00	1.348 times
06 Mon May 2024	49.00	50.00	50.00	49.00	0.899 times
03 Fri May 2024	49.50	50.45	50.45	49.50	0.449 times
02 Thu May 2024	50.45	50.40	50.55	50.40	0.337 times
30 Tue Apr 2024	50.20	50.35	52.00	50.00	1.685 times
29 Mon Apr 2024	51.55	50.10	51.75	50.00	1.461 times
26 Fri Apr 2024	51.00	51.30	51.30	51.00	0.337 times
25 Thu Apr 2024	51.25	53.00	53.00	51.15	0.562 times
24 Wed Apr 2024	51.90	51.00	53.50	49.65	2.36 times
23 Tue Apr 2024	48.60	50.00	50.10	48.60	0.562 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 47.7 as stoploss in an intra day buy trade for a target of 49.41. However, stock will show a bearish move below 47.7.

Share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Target	38.10
Downside Target	40.55
Downside Target	44.20
Downside Target	46.50
Downside Target	48.00
Upside Target	51.60
Upside Target	52.00
Upside Target	52.85
Upside Target	53.50
Upside Target	58.75
Upside Target	65.00

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type	Value
Downside Intraday Target	47.37
Downside Intraday Target	46.68
Upside Intraday Target	49.37
Upside Intraday Target	50.68
Upside Intraday Target	48.68

Weekly technical analysis of Marco Cable (MARCO_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	48.05	50.00	50.00	48.00	0.571 times
03 Fri May 2024	49.50	50.10	52.00	49.50	0.761 times
26 Fri Apr 2024	51.00	49.00	53.50	48.60	0.667 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

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
07 Tue May 2024	48.05	50.40	50.55	48.00	0.124 times
30 Tue Apr 2024	50.20	40.55	53.50	40.55	0.554 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

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 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 SELL. 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 50.37 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.