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

(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 2024-10-08 View latest technical analysis

10 day averaged volume of Abs Marine is 60000

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	257.35	251.85	259.00	251.85	0.333 times
07 Mon Oct 2024	250.85	256.00	256.55	248.00	2.083 times
04 Fri Oct 2024	258.40	263.00	265.00	256.90	0.7 times
03 Thu Oct 2024	260.05	265.00	265.00	258.60	0.683 times
01 Tue Oct 2024	269.60	262.15	271.00	262.15	0.533 times
30 Mon Sep 2024	262.15	261.00	265.00	255.00	0.783 times
27 Fri Sep 2024	263.50	267.00	267.00	262.80	0.467 times
26 Thu Sep 2024	266.55	267.95	278.00	266.05	0.75 times
25 Wed Sep 2024	266.95	271.00	273.00	264.80	0.7 times
24 Tue Sep 2024	270.55	285.00	286.00	269.95	0.967 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 257.6, but if it comes above 257.6, then a intra day buy could be more profitable.
If you take a sell trade below 257.6, then use 257.6 as stoploss and 246.4 as target. However if you take a buy trade in stock , then use 257.6 as stoploss and 266.81 as target.

Share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Target	190.00
Downside Target	248.00
Upside Target	274.00
Upside Target	274.90
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	250.57
Downside Intraday Target	243.78
Upside Intraday Target	261.57
Upside Intraday Target	265.78
Downside Intraday Target	254.78

Weekly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	257.35	256.00	259.00	248.00	0.895 times
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

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
08 Tue Oct 2024	257.35	262.15	271.00	248.00	0.092 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Abs Marine in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Abs Marine in short term but BUY signal is weak.

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 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 260.92 and Abs Marine (ABSMARINE_SM) 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 Abs Marine (ABSMARINE_SM) stock. Volume based technical analysis of Abs Marine (ABSMARINE_SM) stock is negative.

Abs Marine 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.