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(ABSMARINE_SM) Abs Marine complete technical analysis [charts+indicators] | Buy/Sell Abs Marine | (ABSMARINE_SM) share price targets

Complete technical analysis of Abs Marine (ABSMARINE_SM) by charts plus indicators, forecast predictions and share price targets for Abs Marine (ABSMARINE_SM)

Showing technical analysis as on 2024-10-04 View latest technical analysis

10 day averaged volume of Abs Marine is 66000

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	258.40	263.00	265.00	256.90	0.636 times
03 Thu Oct 2024	260.05	265.00	265.00	258.60	0.621 times
01 Tue Oct 2024	269.60	262.15	271.00	262.15	0.485 times
30 Mon Sep 2024	262.15	261.00	265.00	255.00	0.712 times
27 Fri Sep 2024	263.50	267.00	267.00	262.80	0.424 times
26 Thu Sep 2024	266.55	267.95	278.00	266.05	0.682 times
25 Wed Sep 2024	266.95	271.00	273.00	264.80	0.636 times
24 Tue Sep 2024	270.55	285.00	286.00	269.95	0.879 times
23 Mon Sep 2024	284.55	273.90	286.55	270.50	2.121 times
20 Fri Sep 2024	270.10	260.00	273.10	259.65	1.955 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 260.1, but if it comes above 260.1, then a intra day buy could be more profitable.
If you take a sell trade below 260.1, then use 260.1 as stoploss and 247.9 as target. However if you take a buy trade in stock , then use 260.1 as stoploss and 270.23 as target.

Share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Target	190.00
Downside Target	251.00
Upside Target	262.80
Upside Target	286.55
Upside Target	296.55
Upside Target	305.10
Upside Target	307.95
Upside Target	344.50
Upside Target	396.00
Upside Target	425.00

Intraday share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Intraday Target	251.93
Downside Intraday Target	245.47
Upside Intraday Target	267.93
Upside Intraday Target	277.47
Upside Intraday Target	261.47

Weekly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	258.40	261.00	271.00	255.00	0.518 times
27 Fri Sep 2024	263.50	273.90	286.55	262.80	0.672 times
20 Fri Sep 2024	270.10	269.50	274.90	251.00	1.479 times
13 Fri Sep 2024	271.05	284.00	296.55	268.00	0.189 times
06 Fri Sep 2024	287.90	287.00	307.95	254.40	1.898 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 Abs Marine (ABSMARINE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	258.40	262.15	271.00	256.90	0.041 times
30 Mon Sep 2024	262.15	287.00	307.95	251.00	0.793 times
30 Fri Aug 2024	287.30	344.50	344.50	274.00	0.66 times
31 Wed Jul 2024	336.90	366.85	425.00	305.10	0.525 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 Abs Marine (ABSMARINE_SM)

Price action analysis of Abs Marine ( (ABSMARINE_SM) ) 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 Abs Marine ( (ABSMARINE_SM) ) 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 Abs Marine ( (ABSMARINE_SM) ) 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 Abs Marine ( (ABSMARINE_SM) ) 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 Abs Marine stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Abs Marine in short term but the buy signal is initial and weak.

Abs Marine 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 Abs Marine 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 Abs Marine is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 270.56 and Abs Marine (ABSMARINE_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Abs Marine (ABSMARINE_SM) stock. Volume based technical analysis of Abs Marine (ABSMARINE_SM) stock is negative.

Abs Marine Stock is giving positive 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.