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

(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 2024-05-31 View latest technical analysis

10 day averaged volume of Marine Electrical is 336991

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	109.60	109.60	109.60	109.60	0.946 times
30 Thu May 2024	104.40	104.40	104.40	104.40	0.398 times
29 Wed May 2024	99.45	99.00	101.70	98.00	0.641 times
28 Tue May 2024	99.10	103.75	103.75	98.80	0.634 times
27 Mon May 2024	101.95	104.50	105.15	101.50	0.72 times
24 Fri May 2024	103.15	107.80	108.50	102.25	0.679 times
23 Thu May 2024	106.55	112.00	112.60	106.10	0.956 times
22 Wed May 2024	111.65	111.95	113.00	105.90	2.358 times
21 Tue May 2024	108.10	103.35	108.45	101.90	1.644 times
18 Sat May 2024	103.30	99.00	103.55	99.00	1.002 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 105.7, but if it comes below 105.7, then a intra day sell could be more profitable.
If you take a sell trade below 105.7, then use 105.7 as stoploss and 99.78 as target. However if you take a buy trade in stock , then use 105.7 as stoploss and 112.8 as target.

Share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Target	84.75
Downside Target	88.85
Downside Target	95.20
Downside Target	98.00
Downside Target	100.00
Downside Target	106.50
Downside Target	109.60
Upside Target	110.50
Upside Target	112.20
Upside Target	113.00
Upside Target	122.90

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	101.87
Downside Intraday Target	94.13
Upside Intraday Target	113.47
Upside Intraday Target	117.33
Downside Intraday Target	105.73

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	109.60	104.50	109.60	98.00	0.593 times
24 Fri May 2024	103.15	103.35	113.00	101.90	1.391 times
18 Sat May 2024	103.30	92.00	103.55	89.50	1.062 times
10 Fri May 2024	89.90	103.50	104.10	88.85	0.74 times
03 Fri May 2024	101.90	112.20	112.20	100.00	1.432 times

Price has moved up 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
31 Fri May 2024	109.60	103.80	113.00	88.85	1.172 times
30 Tue Apr 2024	102.50	93.95	112.20	91.00	1.156 times
28 Thu Mar 2024	90.20	106.90	110.50	84.75	0.488 times
29 Thu Feb 2024	105.30	111.80	122.90	95.20	22.819 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 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 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 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 Marine Electrical ( (MARINE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Marine Electrical 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.

Marine Electrical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Marine Electrical in short term and BUY 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 Marine Electrical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 106.39 and Marine Electrical (MARINE) 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 Marine Electrical (MARINE) stock. Volume based technical analysis of Marine Electrical (MARINE) stock is negative.

Marine Electrical 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.