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

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

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

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Marine Electrical is 255990

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	103.40	105.80	109.00	101.85	1.334 times
04 Thu Apr 2024	105.80	101.60	105.80	101.60	1.093 times
03 Wed Apr 2024	100.80	97.90	100.90	96.50	1.261 times
02 Tue Apr 2024	96.10	98.85	98.85	95.05	1.281 times
01 Mon Apr 2024	94.70	93.95	94.70	91.95	1.054 times
28 Thu Mar 2024	90.20	85.95	90.20	85.95	0.574 times
27 Wed Mar 2024	85.95	89.00	90.00	85.70	1.432 times
26 Tue Mar 2024	88.10	90.45	92.45	86.30	1.303 times
22 Fri Mar 2024	90.45	92.30	92.30	89.80	0.674 times
21 Thu Mar 2024	91.15	91.70	91.70	89.85	0.4 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 100.3, but if it comes below 100.3, then a intra day sell could be more profitable.
If you take a sell trade below 100.3, then use 100.3 as stoploss and 94.41 as target. However if you take a buy trade in stock , then use 100.3 as stoploss and 107.4 as target.

Share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Target	59.25
Downside Target	73.85
Downside Target	84.75
Downside Target	91.95
Downside Target	95.20
Downside Target	101.20
Upside Target	104.50
Upside Target	106.50
Upside Target	109.00
Upside Target	110.50
Upside Target	122.90

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	93.9
Downside Intraday Target	84.4
Upside Intraday Target	110.95
Upside Intraday Target	118.5
Downside Intraday Target	101.45

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	103.40	93.95	109.00	91.95	1.82 times
28 Thu Mar 2024	90.20	90.45	92.45	85.70	0.973 times
22 Fri Mar 2024	90.45	91.00	95.75	87.20	0.517 times
15 Fri Mar 2024	89.40	104.50	104.50	84.75	1.603 times
07 Thu Mar 2024	103.50	108.60	110.50	101.20	0.762 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marine Electrical (MARINE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	103.40	93.95	109.00	91.95	0.326 times
28 Thu Mar 2024	90.20	106.90	110.50	84.75	0.488 times
29 Thu Feb 2024	105.30	111.80	122.90	95.20	22.819 times
31 Wed Jan 2024	106.50	105.70	106.50	102.25	0.038 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Marine Electrical ( (MARINE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marine Electrical ( (MARINE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marine Electrical ( (MARINE) ) 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Marine Electrical in short term and the buy signal is strong.

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

Marine Electrical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Marine Electrical in short term and BUY 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

Stock of Marine Electrical is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.2 and Marine Electrical (MARINE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Marine Electrical 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.