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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 2024-09-17 View latest technical analysis

10 day averaged volume of Marine Electrical is 156050

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	229.10	242.00	243.90	229.10	2.213 times
16 Mon Sep 2024	241.15	245.85	248.40	240.10	0.803 times
13 Fri Sep 2024	244.85	249.00	252.40	240.00	1.035 times
12 Thu Sep 2024	247.15	250.00	255.20	244.00	0.648 times
11 Wed Sep 2024	248.95	256.95	257.00	248.00	0.728 times
10 Tue Sep 2024	252.95	247.35	257.00	242.05	1.106 times
09 Mon Sep 2024	247.35	251.00	252.85	241.00	1.576 times
06 Fri Sep 2024	253.25	251.35	256.50	248.00	1.269 times
05 Thu Sep 2024	251.95	254.95	257.80	251.10	0.789 times
04 Wed Sep 2024	253.15	256.00	256.50	251.20	1.145 times

Stock of Marine Electrical (MARINE_BE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 234.9, for a target of 244.2 or 251.86

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
Upside Target	240.00
Upside Target	257.00
Upside Target	264.00
Upside Target	273.90
Upside Target	274.40
Upside Target	277.47
Upside Target	308.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	222.67
Downside Intraday Target	216.23
Upside Intraday Target	241.97
Upside Intraday Target	254.83
Upside Intraday Target	235.53

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	229.10	245.85	248.40	229.10	0.592 times
13 Fri Sep 2024	244.85	251.00	257.00	240.00	0.993 times
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

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
17 Tue Sep 2024	229.10	261.65	264.00	229.10	0.213 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 Strong 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 red color and prices are below the red 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 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 245.32 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 negative.

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