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

(MARINETRAN_SM) Marinetrans India complete technical analysis [charts+indicators] | Buy/Sell Marinetrans India | (MARINETRAN_SM) share price targets

Complete technical analysis of Marinetrans India (MARINETRAN_SM) by charts plus indicators, forecast predictions and share price targets for Marinetrans India (MARINETRAN_SM)

Showing technical analysis as on 2024-10-31 View latest technical analysis

10 day averaged volume of Marinetrans India is 33600

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	22.90	22.90	22.90	22.90	0.238 times
30 Wed Oct 2024	22.15	22.65	22.65	22.15	0.238 times
29 Tue Oct 2024	22.65	26.45	26.45	22.65	0.714 times
28 Mon Oct 2024	22.85	22.70	22.85	22.70	0.476 times
25 Fri Oct 2024	22.10	23.05	23.05	21.55	0.476 times
24 Thu Oct 2024	25.00	25.00	25.00	25.00	0.119 times
23 Wed Oct 2024	24.60	27.65	31.40	24.40	2.619 times
22 Tue Oct 2024	27.65	26.95	27.65	26.00	4.048 times
21 Mon Oct 2024	23.05	26.95	26.95	23.05	0.238 times
18 Fri Oct 2024	24.50	20.75	24.50	20.75	0.476 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.1, but if it comes above 23.1, then a intra day buy could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 21.3 as target. However if you take a buy trade in stock , then use 23.1 as stoploss and 24.59 as target.

Share price targets for Marinetrans India (MARINETRAN_SM)

Target Type	Value
Downside Target	20.75
Downside Target	21.55
Downside Target	22.15
Upside Target	23.30
Upside Target	24.00
Upside Target	25.15
Upside Target	27.00
Upside Target	27.30
Upside Target	28.35
Upside Target	29.00
Upside Target	31.40
Upside Target	33.50

Intraday share price targets for Marinetrans India (MARINETRAN_SM)

Target Type	Value
Downside Intraday Target	21.22
Downside Intraday Target	19.53
Upside Intraday Target	25.52
Upside Intraday Target	28.13
Upside Intraday Target	23.83

Weekly technical analysis of Marinetrans India (MARINETRAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	22.90	22.70	26.45	22.15	0.222 times
25 Fri Oct 2024	22.10	26.95	31.40	21.55	5.727 times
18 Fri Oct 2024	24.50	25.90	25.90	20.75	1.833 times
20 Fri Sep 2024	24.75	25.15	25.15	24.00	1.2 times
11 Wed Sep 2024	26.10	25.50	26.10	25.50	0.714 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 Marinetrans India (MARINETRAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	22.90	25.90	31.40	20.75	4.3 times
23 Mon Sep 2024	25.90	26.00	27.00	24.00	0.267 times
30 Fri Aug 2024	25.15	26.70	29.00	23.30	4.167 times
30 Tue Jul 2024	26.50	28.10	28.35	24.25	0.514 times

Scroll below to view daily charts

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

Indicators analysis of Marinetrans India (MARINETRAN_SM)

Price action analysis of Marinetrans India ( (MARINETRAN_SM) ) 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 Marinetrans India ( (MARINETRAN_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 Marinetrans India ( (MARINETRAN_SM) ) 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 Marinetrans India ( (MARINETRAN_SM) ) based on a mid to longer 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

ADX buy sell signal for Marinetrans India stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Marinetrans India in short term and the sell signal is strong.

Marinetrans India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Marinetrans India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Marinetrans India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.39 and Marinetrans India (MARINETRAN_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 Marinetrans India (MARINETRAN_SM) stock. Volume based technical analysis of Marinetrans India (MARINETRAN_SM) stock is negative.

Marinetrans India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.