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

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

Marine Products trades in USA in Capital Goods sector.

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

10 day averaged volume of Marine Products is 41370

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	11.45	11.61	11.76	11.26	1.056 times
03 Wed Apr 2024	11.56	11.28	11.68	11.25	0.747 times
02 Tue Apr 2024	11.34	11.53	11.53	11.17	1.189 times
01 Mon Apr 2024	11.63	11.88	11.88	11.44	1.216 times
28 Thu Mar 2024	11.75	11.32	11.82	11.32	0.858 times
27 Wed Mar 2024	11.43	10.93	11.46	10.91	1.085 times
26 Tue Mar 2024	10.75	10.78	10.90	10.54	1.646 times
25 Mon Mar 2024	10.75	10.87	10.97	10.75	0.503 times
22 Fri Mar 2024	10.79	10.82	10.92	10.70	0.58 times
21 Thu Mar 2024	10.76	10.70	10.88	10.70	0.957 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.3, but if it comes below 11.3, then a intra day sell could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.86 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 11.9 as target.

Share price targets for Marine Products (MPX)

Target Type	Value
Downside Target	9.54
Downside Target	9.75
Downside Target	10.16
Downside Target	10.78
Downside Target	11.17
Upside Target	11.72
Upside Target	11.82
Upside Target	11.88
Upside Target	12.16
Upside Target	12.30

Intraday share price targets for Marine Products (MPX)

Target Type	Value
Downside Intraday Target	11.12
Downside Intraday Target	10.79
Upside Intraday Target	11.83
Upside Intraday Target	12.21
Upside Intraday Target	11.5

Weekly technical analysis of Marine Products (MPX)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	11.45	11.88	11.88	11.17	1.028 times
28 Thu Mar 2024	11.75	10.87	11.82	10.54	1.002 times
22 Fri Mar 2024	10.79	10.59	10.92	10.35	0.911 times
15 Fri Mar 2024	10.49	10.64	10.78	10.31	0.97 times
08 Fri Mar 2024	10.58	11.01	11.25	10.32	0.392 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 Products (MPX)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	11.45	11.88	11.88	11.17	0.225 times
28 Thu Mar 2024	11.75	11.52	11.82	10.31	0.511 times
29 Thu Feb 2024	11.46	10.21	12.16	10.16	1.213 times
31 Wed Jan 2024	10.21	11.35	11.72	9.75	0.638 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 Products (MPX)

Price action analysis of Marine Products ( (MPX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Marine Products ( (MPX) ) 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 Products ( (MPX) ) 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 Products ( (MPX) ) 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 Products stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Marine Products 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 Products 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Marine Products in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Marine Products is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.23 and Marine Products (MPX) 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 Products (MPX) stock. Volume based technical analysis of Marine Products (MPX) stock is negative.

Marine Products 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.