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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 2024-03-06 View latest technical analysis

10 day averaged volume of Marine Electrical is 255628

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	102.85	109.00	110.50	101.20	1.428 times
05 Tue Mar 2024	106.15	106.80	108.85	105.30	1.137 times
04 Mon Mar 2024	103.80	108.60	109.00	103.05	0.599 times
02 Sat Mar 2024	108.10	108.00	109.90	106.50	0.174 times
01 Fri Mar 2024	106.45	106.90	108.50	104.80	0.917 times
29 Thu Feb 2024	105.30	106.00	107.90	104.50	0.982 times
28 Wed Feb 2024	105.30	112.40	113.95	104.55	1.51 times
27 Tue Feb 2024	110.05	113.80	116.00	108.50	1.124 times
26 Mon Feb 2024	112.10	112.00	113.40	109.10	0.687 times
23 Fri Feb 2024	112.50	117.95	119.15	111.50	1.121 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 102.8 as stoploss in an intra day buy trade for a target of 107.3. However, stock will show a bearish move below 102.8.

Share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Target	47.95
Downside Target	59.25
Downside Target	67.50
Downside Target	73.85
Downside Target	95.20
Downside Target	101.20
Upside Target	104.50
Upside Target	110.50
Upside Target	113.10
Upside Target	116.00
Upside Target	119.90
Upside Target	122.90

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	99.2
Downside Intraday Target	95.55
Upside Intraday Target	108.5
Upside Intraday Target	114.15
Upside Intraday Target	104.85

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	102.85	108.60	110.50	101.20	0.587 times
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

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
06 Wed Mar 2024	102.85	106.90	110.50	101.20	0.112 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 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 Marine Electrical (MARINE)

Price action analysis of Marine Electrical ( (MARINE) ) 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 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 neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing 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 coming down

CCI has generated a SELL signal for Marine Electrical in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL 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 106.97 and Marine Electrical (MARINE) 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 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.