(MARPS) Marine Petroleum complete technical analysis [charts+indicators] | Buy/Sell Marine Petroleum | (MARPS) share price targets
Complete technical analysis of Marine Petroleum (MARPS) by charts plus indicators, forecast predictions and share price targets for Marine Petroleum (MARPS)
Marine Petroleum trades in USA in Energy sector.
Showing technical analysis as on 2024-10-16 View latest technical analysis
10 day averaged volume of Marine Petroleum is 44110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 4.00 | 4.00 | 4.02 | 4.00 | 0.311 times |
| 15 Tue Oct 2024 | 4.00 | 4.03 | 4.06 | 3.98 | 0.159 times |
| 14 Mon Oct 2024 | 4.06 | 4.04 | 4.16 | 4.02 | 0.247 times |
| 11 Fri Oct 2024 | 4.05 | 4.14 | 4.20 | 4.05 | 0.49 times |
| 10 Thu Oct 2024 | 4.09 | 4.11 | 4.28 | 4.08 | 0.331 times |
| 09 Wed Oct 2024 | 4.05 | 4.25 | 4.35 | 4.03 | 0.889 times |
| 08 Tue Oct 2024 | 4.25 | 4.25 | 4.39 | 4.25 | 0.809 times |
| 07 Mon Oct 2024 | 4.51 | 4.50 | 4.80 | 4.41 | 3.296 times |
| 04 Fri Oct 2024 | 4.50 | 4.63 | 4.63 | 4.30 | 0.852 times |
| 03 Thu Oct 2024 | 4.63 | 4.36 | 4.79 | 4.22 | 2.435 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 3.9 as stoploss in an intra day buy trade for a target of 4.14. However, stock will show a bearish move below 3.9.
Share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Target | 3.77 |
| Upside Target | 4.06 |
| Upside Target | 4.16 |
| Upside Target | 4.19 |
| Upside Target | 4.32 |
| Upside Target | 4.70 |
| Upside Target | 4.79 |
| Upside Target | 4.80 |
Intraday share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Intraday Target | 3.93 |
| Downside Intraday Target | 3.87 |
| Upside Intraday Target | 4.11 |
| Upside Intraday Target | 4.23 |
| Upside Intraday Target | 4.05 |
Weekly technical analysis of Marine Petroleum (MARPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 4.00 | 4.04 | 4.16 | 3.98 | 0.123 times |
| 11 Fri Oct 2024 | 4.05 | 4.50 | 4.80 | 4.03 | 0.995 times |
| 04 Fri Oct 2024 | 4.50 | 4.15 | 4.79 | 3.90 | 11.108 times |
| 27 Fri Sep 2024 | 4.06 | 3.98 | 4.19 | 3.92 | 1.381 times |
| 20 Fri Sep 2024 | 3.87 | 3.88 | 4.06 | 3.86 | 0.853 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 Petroleum (MARPS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 4.00 | 4.08 | 4.80 | 3.98 | 6.46 times |
| 30 Mon Sep 2024 | 4.01 | 3.96 | 4.19 | 3.81 | 0.14 times |
| 30 Fri Aug 2024 | 4.09 | 3.90 | 4.70 | 3.78 | 8.87 times |
| 31 Wed Jul 2024 | 3.85 | 3.85 | 4.00 | 3.81 | 0.652 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Marine Petroleum (MARPS)
Price action analysis of Marine Petroleum ( (MARPS) ) 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 Petroleum ( (MARPS) ) 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 Petroleum ( (MARPS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marine Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marine Petroleum in short term but the sell signal is initial and weak.
Marine Petroleum 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 Marine Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.4 and Marine Petroleum (MARPS) 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 Petroleum (MARPS) stock. Volume based technical analysis of Marine Petroleum (MARPS) stock is negative.
Marine Petroleum 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.
Price action analysis of Marine Petroleum ( (MARPS) ) 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 Petroleum ( (MARPS) ) 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 Petroleum ( (MARPS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marine Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marine Petroleum in short term but the sell signal is initial and weak.
Marine Petroleum 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 Marine Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.4 and Marine Petroleum (MARPS) 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 Petroleum (MARPS) stock. Volume based technical analysis of Marine Petroleum (MARPS) stock is negative.
Marine Petroleum 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.