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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 2024-01-16 View latest technical analysis

10 day averaged volume of Marine Electrical is 167810

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	95.05	97.00	97.85	93.05	1.853 times
15 Mon Jan 2024	97.00	96.50	98.05	96.40	0.77 times
12 Fri Jan 2024	98.05	99.00	101.00	97.00	0.917 times
11 Thu Jan 2024	99.00	99.90	99.90	97.30	0.713 times
10 Wed Jan 2024	98.55	99.70	101.95	97.05	0.647 times
09 Tue Jan 2024	99.75	98.65	103.00	98.65	1.314 times
08 Mon Jan 2024	98.60	99.95	100.95	96.50	1.425 times
05 Fri Jan 2024	99.55	101.95	102.25	99.05	1.028 times
04 Thu Jan 2024	101.05	99.00	102.90	99.00	0.923 times
03 Wed Jan 2024	100.15	100.95	101.30	99.00	0.869 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 94.7 as stoploss in an intra day buy trade for a target of 98.06. However, stock will show a bearish move below 94.7.

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
Upside Target	98.30
Upside Target	102.60
Upside Target	103.00
Upside Target	105.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	92.72
Downside Intraday Target	90.38
Upside Intraday Target	97.72
Upside Intraday Target	100.38
Upside Intraday Target	95.38

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	95.05	96.50	98.05	93.05	0.523 times
12 Fri Jan 2024	98.05	99.95	103.00	96.50	0.882 times
05 Fri Jan 2024	99.55	105.00	105.00	98.30	0.697 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

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
16 Tue Jan 2024	95.05	105.00	105.00	93.05	0.378 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 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_BE) ) based on a short to mid 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_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 SELL. Signal strength is Weak and stock is gaining 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 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 98.41 and Marine Electrical (MARINE_BE) 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_BE) stock. Volume based technical analysis of Marine Electrical (MARINE_BE) 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.