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

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

Showing technical analysis as on 2024-01-03 View latest technical analysis

10 day averaged volume of Marine Electrical is 303152

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	100.15	100.95	101.30	99.00	0.481 times
02 Tue Jan 2024	102.30	102.50	104.00	98.30	0.772 times
01 Mon Jan 2024	103.15	105.00	105.00	101.60	0.816 times
29 Fri Dec 2023	101.60	100.00	101.60	98.10	1.841 times
28 Thu Dec 2023	96.80	98.65	100.00	95.00	0.575 times
27 Wed Dec 2023	98.65	102.00	102.60	97.75	0.751 times
26 Tue Dec 2023	99.50	102.00	102.00	97.75	1.35 times
22 Fri Dec 2023	97.75	97.75	97.75	96.90	1.243 times
21 Thu Dec 2023	93.10	86.15	93.10	84.30	0.925 times
20 Wed Dec 2023	88.70	93.00	95.35	88.20	1.054 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 100.5 as stoploss in an intra day sell trade for a target of 96.29. However, stock will show a bullish move above 100.5.

Share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Target	55.10
Downside Target	56.30
Downside Target	67.95
Downside Target	74.55
Downside Target	80.10
Downside Target	84.20
Downside Target	93.05
Downside Target	95.00
Downside Target	98.30
Upside Target	100.80
Upside Target	102.60
Upside Target	105.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	97.3
Downside Intraday Target	94.45
Upside Intraday Target	104
Upside Intraday Target	107.85
Upside Intraday Target	101.15

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	100.15	105.00	105.00	98.30	0.458 times
29 Fri Dec 2023	101.60	102.00	102.60	95.00	0.976 times
22 Fri Dec 2023	97.75	94.60	97.75	84.30	1.047 times
15 Fri Dec 2023	93.80	96.50	100.80	93.05	0.837 times
08 Fri Dec 2023	96.25	94.00	96.30	84.20	1.784 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jan 2024	100.15	105.00	105.00	98.30	0.106 times
29 Fri Dec 2023	101.60	92.35	102.60	84.20	0.772 times
30 Thu Nov 2023	91.35	77.80	97.20	74.55	0.928 times
31 Tue Oct 2023	76.85	58.05	80.10	55.10	1.746 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_BE)

Price action analysis of Marine Electrical ( (MARINE_BE) ) based on a short 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_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Marine Electrical ( (MARINE_BE) ) based on a short to mid 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_BE) ) 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Marine Electrical in short term and the buy signal is strong.

Marine Electrical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

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 98.24 and Marine Electrical (MARINE_BE) 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_BE) stock. Volume based technical analysis of Marine Electrical (MARINE_BE) 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.