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(MARINE) Marine Electrical complete technical analysis [charts+indicators] | Buy/Sell Marine Electrical | (MARINE) share price targets

Complete technical analysis of Marine Electrical (MARINE) by charts plus indicators, forecast predictions and share price targets for Marine Electrical (MARINE)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Marine Electrical is 384674

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	108.10	108.00	109.90	106.50	0.115 times
01 Fri Mar 2024	106.45	106.90	108.50	104.80	0.61 times
29 Thu Feb 2024	105.30	106.00	107.90	104.50	0.652 times
28 Wed Feb 2024	105.30	112.40	113.95	104.55	1.003 times
27 Tue Feb 2024	110.05	113.80	116.00	108.50	0.747 times
26 Mon Feb 2024	112.10	112.00	113.40	109.10	0.457 times
23 Fri Feb 2024	112.50	117.95	119.15	111.50	0.745 times
22 Thu Feb 2024	115.35	112.80	115.40	106.10	1.162 times
21 Wed Feb 2024	109.95	119.00	119.90	108.85	1.886 times
20 Tue Feb 2024	114.55	110.15	114.65	107.05	2.294 times

My analysis of stock is bearish for shortterm, and stock might move down till 103.8 or till 97.4. Use a stoploss of 109.13 and if the stock hits stoploss, then it can shoot up till 114.46

Share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Target	47.95
Downside Target	59.25
Downside Target	61.20
Downside Target	67.50
Downside Target	73.85
Downside Target	95.20
Downside Target	102.25
Downside Target	104.50
Upside Target	109.90
Upside Target	113.10
Upside Target	116.00
Upside Target	116.90
Upside Target	119.90
Upside Target	122.90

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	103.07
Downside Intraday Target	98.03
Upside Intraday Target	114.57
Upside Intraday Target	121.03
Upside Intraday Target	109.53

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	108.10	112.00	116.00	104.50	0.549 times
23 Fri Feb 2024	112.50	109.20	119.90	106.10	1.02 times
16 Fri Feb 2024	104.00	113.10	113.10	95.20	1.354 times
09 Fri Feb 2024	111.60	118.90	122.90	107.55	0.533 times
02 Fri Feb 2024	114.55	66.20	116.90	61.20	0.493 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 Marine Electrical (MARINE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	108.10	106.90	109.90	104.80	0.029 times
29 Thu Feb 2024	105.30	111.80	122.90	95.20	22.819 times
31 Wed Jan 2024	106.50	105.70	106.50	102.25	0.038 times
14 Mon Aug 2023	63.35	64.10	73.85	59.25	0.526 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 Marine Electrical (MARINE)

Price action analysis of Marine Electrical ( (MARINE) ) 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 Marine Electrical ( (MARINE) ) 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 Marine Electrical ( (MARINE) ) 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 Marine Electrical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Marine Electrical 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 moving up

CCI has generated a buy signal for Marine Electrical in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Marine Electrical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 110.96 and Marine Electrical (MARINE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Marine Electrical (MARINE) stock. Volume based technical analysis of Marine Electrical (MARINE) stock is negative.

Marine Electrical 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.