(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 2024-08-22 View latest technical analysis
10 day averaged volume of Marine Products is 56637
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 9.03 | 9.11 | 9.15 | 9.03 | 0.401 times |
| 21 Wed Aug 2024 | 9.11 | 9.06 | 9.37 | 9.06 | 0.671 times |
| 20 Tue Aug 2024 | 9.05 | 9.20 | 9.41 | 9.03 | 0.653 times |
| 19 Mon Aug 2024 | 9.27 | 9.42 | 9.49 | 9.10 | 1.179 times |
| 16 Fri Aug 2024 | 9.33 | 9.28 | 9.53 | 9.28 | 1.432 times |
| 15 Thu Aug 2024 | 9.27 | 9.06 | 9.31 | 9.06 | 0.591 times |
| 14 Wed Aug 2024 | 8.86 | 9.13 | 9.13 | 8.86 | 0.761 times |
| 13 Tue Aug 2024 | 9.03 | 8.92 | 9.10 | 8.89 | 0.581 times |
| 12 Mon Aug 2024 | 8.94 | 9.21 | 9.21 | 8.87 | 1.239 times |
| 09 Fri Aug 2024 | 9.27 | 9.48 | 9.51 | 9.13 | 2.171 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 9 as stoploss in an intra day buy trade for a target of 9.6. However, stock will show a bearish move below 9.
Share price targets for Marine Products (MPX)
| Target Type | Value |
| Downside Target | 8.86 |
| Upside Target | 9.49 |
| Upside Target | 10.08 |
| Upside Target | 10.54 |
| Upside Target | 10.58 |
| Upside Target | 10.67 |
| Upside Target | 10.74 |
| Upside Target | 10.89 |
| Upside Target | 11.88 |
| Upside Target | 12.47 |
Intraday share price targets for Marine Products (MPX)
| Target Type | Value |
| Downside Intraday Target | 8.88 |
| Downside Intraday Target | 8.72 |
| Upside Intraday Target | 9.34 |
| Upside Intraday Target | 9.64 |
| Upside Intraday Target | 9.18 |
Weekly technical analysis of Marine Products (MPX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 9.03 | 9.42 | 9.49 | 9.03 | 0.631 times |
| 16 Fri Aug 2024 | 9.33 | 9.21 | 9.53 | 8.86 | 0.815 times |
| 09 Fri Aug 2024 | 9.27 | 9.75 | 10.08 | 9.13 | 1.221 times |
| 02 Fri Aug 2024 | 9.98 | 10.59 | 10.89 | 9.72 | 1.063 times |
| 26 Fri Jul 2024 | 10.66 | 10.30 | 10.74 | 9.61 | 1.373 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 |
| 22 Thu Aug 2024 | 9.03 | 10.67 | 10.67 | 8.86 | 0.733 times |
| 31 Wed Jul 2024 | 10.59 | 10.11 | 10.89 | 8.96 | 1.227 times |
| 28 Fri Jun 2024 | 10.10 | 10.35 | 10.58 | 9.90 | 0.783 times |
| 31 Fri May 2024 | 10.24 | 10.87 | 12.47 | 9.92 | 1.527 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 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 Products ( (MPX) ) 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 Products ( (MPX) ) based on a mid to longer 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.
ADX buy sell signal for Marine Products stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marine Products in short term and the sell signal is strong.
Marine Products 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 Products 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 negative zone. This is the SELL zone
Stock of Marine Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.15 and Marine Products (MPX) 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 Products (MPX) stock. Volume based technical analysis of Marine Products (MPX) stock is negative.
Marine Products 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.
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 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 Products ( (MPX) ) 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 Products ( (MPX) ) based on a mid to longer 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.
ADX buy sell signal for Marine Products stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marine Products in short term and the sell signal is strong.
Marine Products 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 Products 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 negative zone. This is the SELL zone
Stock of Marine Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.15 and Marine Products (MPX) 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 Products (MPX) stock. Volume based technical analysis of Marine Products (MPX) stock is negative.
Marine Products 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.