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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 2024-09-10 View latest technical analysis

10 day averaged volume of Marine Electrical is 224209

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	252.95	247.35	257.00	242.05	0.77 times
09 Mon Sep 2024	247.35	251.00	252.85	241.00	1.097 times
06 Fri Sep 2024	253.25	251.35	256.50	248.00	0.883 times
05 Thu Sep 2024	251.95	254.95	257.80	251.10	0.549 times
04 Wed Sep 2024	253.15	256.00	256.50	251.20	0.797 times
03 Tue Sep 2024	256.45	255.10	264.00	255.00	0.627 times
02 Mon Sep 2024	257.55	261.65	264.00	256.00	0.713 times
30 Fri Aug 2024	261.65	268.00	273.90	256.00	1.795 times
29 Thu Aug 2024	267.35	267.35	267.35	260.10	1.471 times
28 Wed Aug 2024	254.65	250.00	254.95	250.00	0.883 times

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 250 as stoploss in an intra day buy trade for a target of 259.19. However, stock will show a bearish move below 250.

Share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Target	84.20
Downside Target	88.35
Downside Target	102.60
Downside Target	105.00
Downside Target	226.84
Downside Target	241.00
Upside Target	257.00
Upside Target	264.00
Upside Target	273.90
Upside Target	274.40
Upside Target	277.47
Upside Target	308.00

Intraday share price targets for Marine Electrical (MARINE_BE)

Target Type	Value
Downside Intraday Target	243.63
Downside Intraday Target	234.32
Upside Intraday Target	259.63
Upside Intraday Target	266.32
Downside Intraday Target	250.32

Weekly technical analysis of Marine Electrical (MARINE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	252.95	251.00	257.00	241.00	0.523 times
06 Fri Sep 2024	253.25	261.65	264.00	248.00	0.554 times
30 Fri Aug 2024	261.65	261.95	273.90	245.05	0.916 times
23 Fri Aug 2024	256.20	269.90	274.40	250.25	0.716 times
16 Fri Aug 2024	265.90	295.50	308.00	260.20	0.793 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
10 Tue Sep 2024	252.95	261.65	264.00	241.00	0.126 times
30 Fri Aug 2024	261.65	274.20	308.00	242.55	1.068 times
31 Wed Jul 2024	261.11	264.26	277.47	226.84	2.067 times
30 Tue Jan 2024	101.45	105.00	105.00	88.35	0.741 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Marine Electrical stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 moving up

CCI has generated a buy signal for Marine Electrical 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 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 256.86 and Marine Electrical (MARINE_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.