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

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

Showing technical analysis as on 2024-01-23 View latest technical analysis

10 day averaged volume of Marine Electrical is 198839

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	93.60	97.90	99.40	92.60	1.455 times
22 Mon Jan 2024	95.90	96.20	99.00	95.00	0.757 times
19 Fri Jan 2024	95.85	95.00	97.00	92.50	1.081 times
18 Thu Jan 2024	92.55	92.90	97.20	88.35	1.933 times
17 Wed Jan 2024	93.00	95.00	95.00	91.70	0.985 times
16 Tue Jan 2024	95.05	97.00	97.85	93.05	1.564 times
15 Mon Jan 2024	97.00	96.50	98.05	96.40	0.65 times
12 Fri Jan 2024	98.05	99.00	101.00	97.00	0.774 times
11 Thu Jan 2024	99.00	99.90	99.90	97.30	0.601 times
10 Wed Jan 2024	98.55	99.70	101.95	97.05	0.546 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 95.1, but if it comes above 95.1, then a intra day buy could be more profitable.
If you take a sell trade below 95.1, then use 95.1 as stoploss and 91.5 as target. However if you take a buy trade in stock , then use 95.1 as stoploss and 98.01 as target.

Share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Target	55.10
Downside Target	56.30
Downside Target	67.95
Downside Target	74.55
Downside Target	80.10
Downside Target	84.20
Downside Target	88.35
Downside Target	92.60
Upside Target	95.00
Upside Target	102.60
Upside Target	103.00
Upside Target	105.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	91
Downside Intraday Target	88.4
Upside Intraday Target	97.8
Upside Intraday Target	102
Upside Intraday Target	95.2

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	93.60	96.20	99.40	92.60	0.356 times
19 Fri Jan 2024	95.85	96.50	98.05	88.35	1.468 times
12 Fri Jan 2024	98.05	99.95	103.00	96.50	0.882 times
05 Fri Jan 2024	99.55	105.00	105.00	98.30	0.697 times
29 Fri Dec 2023	101.60	102.00	102.60	95.00	0.976 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	93.60	105.00	105.00	88.35	0.586 times
29 Fri Dec 2023	101.60	92.35	102.60	84.20	0.772 times
30 Thu Nov 2023	91.35	77.80	97.20	74.55	0.928 times
31 Tue Oct 2023	76.85	58.05	80.10	55.10	1.746 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_BE)

Price action analysis of Marine Electrical ( (MARINE_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Marine Electrical ( (MARINE_BE) ) 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 Marine Electrical ( (MARINE_BE) ) 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 Marine Electrical ( (MARINE_BE) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 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 95.09 and Marine Electrical (MARINE_BE) 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_BE) stock. Volume based technical analysis of Marine Electrical (MARINE_BE) stock is negative.

Marine Electrical 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.