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

(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 2024-08-27 View latest technical analysis

10 day averaged volume of Marine Electrical is 402295

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	249.45	252.80	255.00	245.05	0.66 times
26 Mon Aug 2024	254.35	261.95	263.10	252.60	0.616 times
23 Fri Aug 2024	256.20	263.00	263.00	252.05	0.575 times
22 Thu Aug 2024	255.90	255.80	263.00	255.00	0.585 times
21 Wed Aug 2024	253.70	262.80	262.80	250.25	1.096 times
20 Tue Aug 2024	263.00	268.90	268.95	259.00	0.656 times
19 Mon Aug 2024	269.75	269.90	274.40	256.00	1.005 times
16 Fri Aug 2024	265.90	263.60	280.00	260.20	1.417 times
14 Wed Aug 2024	272.45	275.10	279.30	272.45	0.531 times
13 Tue Aug 2024	286.75	286.75	301.85	286.75	1.804 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 253.5, but if it comes above 253.5, then a intra day buy could be more profitable.
If you take a sell trade below 253.5, then use 253.5 as stoploss and 235.8 as target. However if you take a buy trade in stock , then use 253.5 as stoploss and 268.24 as target.

Share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Target	74.55
Downside Target	84.20
Downside Target	88.35
Downside Target	97.20
Downside Target	102.60
Downside Target	105.00
Downside Target	226.84
Downside Target	242.55
Upside Target	250.25
Upside Target	260.20
Upside Target	274.40
Upside Target	287.00
Upside Target	295.50
Upside Target	308.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	241.97
Downside Intraday Target	234.48
Upside Intraday Target	260.02
Upside Intraday Target	270.58
Upside Intraday Target	252.53

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	249.45	261.95	263.10	245.05	0.326 times
23 Fri Aug 2024	256.20	269.90	274.40	250.25	0.716 times
16 Fri Aug 2024	265.90	295.50	308.00	260.20	0.793 times
09 Fri Aug 2024	295.50	268.70	295.50	242.55	0.926 times
02 Fri Aug 2024	282.85	253.70	287.00	226.84	0.605 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
27 Tue Aug 2024	249.45	274.20	308.00	242.55	0.965 times
31 Wed Jul 2024	261.11	264.26	277.47	226.84	2.067 times
30 Tue Jan 2024	101.45	105.00	105.00	88.35	0.741 times
29 Fri Dec 2023	101.60	92.35	102.60	84.20	0.772 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 265.93 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.