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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 2024-09-06 View latest technical analysis

10 day averaged volume of Marine Electrical is 227726

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	253.25	251.35	256.50	248.00	0.869 times
05 Thu Sep 2024	251.95	254.95	257.80	251.10	0.54 times
04 Wed Sep 2024	253.15	256.00	256.50	251.20	0.785 times
03 Tue Sep 2024	256.45	255.10	264.00	255.00	0.618 times
02 Mon Sep 2024	257.55	261.65	264.00	256.00	0.702 times
30 Fri Aug 2024	261.65	268.00	273.90	256.00	1.768 times
29 Thu Aug 2024	267.35	267.35	267.35	260.10	1.448 times
28 Wed Aug 2024	254.65	250.00	254.95	250.00	0.87 times
27 Tue Aug 2024	249.45	252.80	255.00	245.05	1.166 times
26 Mon Aug 2024	254.35	261.95	263.10	252.60	1.088 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 249.6 as stoploss in an intra day buy trade for a target of 264.04. However, stock will show a bearish move below 249.6.

Share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Target	84.20
Downside Target	88.35
Downside Target	102.60
Downside Target	105.00
Downside Target	226.84
Downside Target	242.55
Upside Target	260.20
Upside Target	273.90
Upside Target	274.40
Upside Target	277.47
Upside Target	295.50
Upside Target	308.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	246.17
Downside Intraday Target	239.08
Upside Intraday Target	262.17
Upside Intraday Target	271.08
Upside Intraday Target	255.08

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	253.25	261.65	264.00	248.00	0.554 times
30 Fri Aug 2024	261.65	261.95	273.90	245.05	0.916 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

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
06 Fri Sep 2024	253.25	261.65	264.00	248.00	0.083 times
30 Fri Aug 2024	261.65	274.20	308.00	242.55	1.068 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

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Marine Electrical stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Marine Electrical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 257.05 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.