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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Marine Electrical is 216969

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	205.05	207.10	215.75	202.35	2.436 times
22 Tue Oct 2024	210.52	221.61	221.61	210.52	1.772 times
21 Mon Oct 2024	221.61	230.00	232.87	221.43	1.01 times
18 Fri Oct 2024	233.09	227.05	238.00	220.50	1.074 times
17 Thu Oct 2024	231.72	233.85	233.85	230.00	0.527 times
16 Wed Oct 2024	230.84	242.00	242.00	230.00	0.868 times
15 Tue Oct 2024	236.26	241.00	243.00	235.00	0.873 times
14 Mon Oct 2024	237.92	233.00	242.49	233.00	1.222 times
11 Fri Oct 2024	233.61	241.90	245.50	231.25	0.977 times
10 Thu Oct 2024	241.69	230.20	241.69	230.20	0.988 times

Stock of Marine Electrical (MARINE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 204 as stoploss in an intra day buy trade for a target of 222.66. However, stock will show a bearish move below 204.

Share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Target	88.85
Downside Target	91.00
Downside Target	97.40
Downside Target	112.20
Downside Target	155.05
Downside Target	169.90
Downside Target	187.82
Downside Target	194.02
Downside Target	202.35
Upside Target	213.10
Upside Target	220.50
Upside Target	232.87
Upside Target	239.70
Upside Target	245.50
Upside Target	251.68

Intraday share price targets for Marine Electrical (MARINE)

Target Type	Value
Downside Intraday Target	193.98
Downside Intraday Target	182.9
Upside Intraday Target	224.5
Upside Intraday Target	243.94
Upside Intraday Target	213.42

Weekly technical analysis of Marine Electrical (MARINE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	205.05	230.00	232.87	202.35	1.143 times
18 Fri Oct 2024	233.09	233.00	243.00	220.50	0.647 times
11 Fri Oct 2024	233.61	251.68	251.68	213.10	0.37 times
12 Fri Jul 2024	239.70	197.21	239.70	194.02	0.79 times
05 Fri Jul 2024	187.82	161.50	187.82	155.05	1.861 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)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	205.05	214.20	245.50	202.35	0.326 times
15 Mon Jul 2024	251.68	161.50	251.68	155.05	0.43 times
28 Fri Jun 2024	156.15	115.05	169.90	97.40	3.566 times
31 Fri May 2024	109.60	103.80	113.00	88.85	1.172 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)

Price action analysis of Marine Electrical ( (MARINE) ) 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) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Marine Electrical ( (MARINE) ) based on a mid to longer 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.

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 green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 224.16 and Marine Electrical (MARINE) 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) stock. Volume based technical analysis of Marine Electrical (MARINE) stock is negative.

Marine Electrical Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.