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(MARCO_SM) Marco Cable complete technical analysis [charts+indicators] | Buy/Sell Marco Cable | (MARCO_SM) share price targets

Complete technical analysis of Marco Cable (MARCO_SM) by charts plus indicators, forecast predictions and share price targets for Marco Cable (MARCO_SM)

10 day averaged volume of Marco Cable is 15900

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 47.30 47.20 47.80 47.20 0.755 times
21 Tue May 2024 47.50 48.00 48.00 47.50 0.377 times
17 Fri May 2024 48.00 46.50 50.00 46.50 1.887 times
16 Thu May 2024 47.90 48.75 48.75 47.50 0.755 times
15 Wed May 2024 46.30 46.75 46.75 46.10 0.755 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 47.1 as stoploss in an intra day buy trade for a target of 48.85. However, stock will show a bearish move below 47.1.

Share price targets for Marco Cable (MARCO_SM)

Target Type Value
Downside Target 38.10
Downside Target 40.55
Downside Target 45.55
Downside Target 47.20
Upside Target 50.55
Upside Target 51.60
Upside Target 52.00
Upside Target 52.85
Upside Target 53.50
Upside Target 58.75
Upside Target 65.00

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type Value
Downside Intraday Target 47
Downside Intraday Target 46.7
Upside Intraday Target 47.8
Upside Intraday Target 48.3
Upside Intraday Target 47.5

Weekly technical analysis of Marco Cable (MARCO_SM)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 47.30 48.00 48.00 47.20 0.182 times
17 Fri May 2024 48.00 47.10 50.00 45.55 0.971 times
10 Fri May 2024 47.50 50.00 50.00 47.50 0.971 times
03 Fri May 2024 49.50 50.10 52.00 49.50 0.761 times
26 Fri Apr 2024 51.00 49.00 53.50 48.60 0.667 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 Marco Cable (MARCO_SM)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 47.30 50.40 50.55 45.55 0.369 times
30 Tue Apr 2024 50.20 40.55 53.50 40.55 0.554 times
28 Thu Mar 2024 40.55 52.85 52.85 38.10 2.361 times
29 Thu Feb 2024 51.60 58.10 58.75 51.60 0.257 times

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 Marco Cable (MARCO_SM)

Indicator Name Indicator Value Indicator Signal
ADX 30, 19, 23 Buy
MACD -1, -0Sell
Stochastics 46None
CCI -14Sell
RSI 51Buy
OBV 30000Sell
VWAP 48Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Marco Cable ( (MARCO_SM) ) 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 Marco Cable ( (MARCO_SM) ) 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 Marco Cable ( (MARCO_SM) ) 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 Marco Cable ( (MARCO_SM) ) 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 Marco Cable stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Marco Cable in short term and the sell signal is strong.

Marco Cable 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Marco Cable in short term and SELL signal is strong!

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 Marco Cable is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.57 and Marco Cable (MARCO_SM) 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 Marco Cable (MARCO_SM) stock. Volume based technical analysis of Marco Cable (MARCO_SM) stock is negative.

Marco Cable 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.

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