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 2024-06-06 View latest technical analysis

10 day averaged volume of Marine Electrical is 450161

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	109.05	106.60	109.05	105.00	1.319 times
05 Wed Jun 2024	103.90	98.15	106.60	97.40	1.787 times
04 Tue Jun 2024	102.50	108.00	108.50	102.50	0.94 times
03 Mon Jun 2024	107.90	115.05	115.05	106.00	3.548 times
31 Fri May 2024	109.60	109.60	109.60	109.60	0.708 times
30 Thu May 2024	104.40	104.40	104.40	104.40	0.298 times
29 Wed May 2024	99.45	99.00	101.70	98.00	0.48 times
28 Tue May 2024	99.10	103.75	103.75	98.80	0.475 times
27 Mon May 2024	101.95	104.50	105.15	101.50	0.539 times
24 Fri May 2024	103.15	107.80	108.50	102.25	0.508 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.8, but if it comes below 107.8, then a intra day sell could be more profitable.
If you take a sell trade below 107.8, then use 107.8 as stoploss and 101.91 as target. However if you take a buy trade in stock , then use 107.8 as stoploss and 114.8 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	97.40
Downside Target	101.90
Upside Target	109.60
Upside Target	110.50
Upside Target	112.20
Upside Target	113.00
Upside Target	115.05
Upside Target	122.90

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	99.28
Downside Intraday Target	89.52
Upside Intraday Target	116.93
Upside Intraday Target	124.82
Downside Intraday Target	107.17

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	109.05	115.05	115.05	97.40	3.037 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marine Electrical (MARINE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	109.05	115.05	115.05	97.40	0.533 times
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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Marine Electrical ( (MARINE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Marine Electrical stock for short term is BUY. Signal strength is Weak 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. Bears are weakening, and bulls are picking up momentum!

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

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 105.6 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.