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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 2024-09-23 View latest technical analysis

10 day averaged volume of Marine Electrical is 199290

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	227.45	231.45	233.00	226.05	0.568 times
20 Fri Sep 2024	227.70	233.00	234.40	226.50	0.997 times
19 Thu Sep 2024	233.15	245.80	246.00	228.55	1.381 times
18 Wed Sep 2024	240.55	217.65	240.55	217.65	1.272 times
17 Tue Sep 2024	229.10	242.00	243.90	229.10	1.732 times
16 Mon Sep 2024	241.15	245.85	248.40	240.10	0.629 times
13 Fri Sep 2024	244.85	249.00	252.40	240.00	0.81 times
12 Thu Sep 2024	247.15	250.00	255.20	244.00	0.508 times
11 Wed Sep 2024	248.95	256.95	257.00	248.00	0.57 times
10 Tue Sep 2024	252.95	247.35	257.00	242.05	0.866 times

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 223.3, for a target of 236.4 or 247.29

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	217.65
Downside Target	226.05
Upside Target	233.00
Upside Target	240.00
Upside Target	257.00
Upside Target	264.00
Upside Target	273.90
Upside Target	277.47
Upside Target	308.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	224.67
Downside Intraday Target	221.88
Upside Intraday Target	231.62
Upside Intraday Target	235.78
Upside Intraday Target	228.83

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	227.45	231.45	233.00	226.05	0.094 times
20 Fri Sep 2024	227.70	245.85	248.40	217.65	1.508 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

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
23 Mon Sep 2024	227.45	261.65	264.00	217.65	0.3 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 and the buying is gaining 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 237.6 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.