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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 2024-10-22 View latest technical analysis

10 day averaged volume of Abs Marine is 51700

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	224.60	248.10	248.10	222.50	2.708 times
21 Mon Oct 2024	249.80	253.45	256.00	249.60	0.754 times
18 Fri Oct 2024	256.45	254.00	256.90	250.00	0.832 times
17 Thu Oct 2024	251.60	254.00	254.20	251.20	0.89 times
16 Wed Oct 2024	258.50	258.60	266.90	256.00	1.238 times
15 Tue Oct 2024	255.00	254.50	262.95	251.55	1.741 times
14 Mon Oct 2024	255.70	261.25	261.25	253.10	1.141 times
11 Fri Oct 2024	261.20	267.20	275.00	260.75	0.812 times
10 Thu Oct 2024	267.20	259.95	273.90	255.05	1.644 times
09 Wed Oct 2024	257.65	258.00	260.00	254.00	0.561 times

Stock of Abs Marine (ABSMARINE_SM) 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 236.8, for a target of 248.5 or 258.18

Share price targets for Abs Marine (ABSMARINE_SM)

Target Type	Value
Downside Target	190.00
Downside Target	222.50
Upside Target	248.00
Upside Target	262.80
Upside Target	275.00
Upside Target	286.55
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	212.73
Downside Intraday Target	200.87
Upside Intraday Target	246.23
Upside Intraday Target	267.87
Upside Intraday Target	234.37

Weekly technical analysis of Abs Marine (ABSMARINE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	224.60	253.45	256.00	222.50	0.593 times
18 Fri Oct 2024	256.45	261.25	266.90	250.00	1.003 times
11 Fri Oct 2024	261.20	256.00	275.00	248.00	1.858 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

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
22 Tue Oct 2024	224.60	262.15	275.00	222.50	0.319 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 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 gaining momentum.

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

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 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 250.43 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.