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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 85500

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 49.70 53.00 54.95 48.50 3.509 times
20 Thu Jun 2024 51.75 45.85 51.75 44.60 4.035 times
19 Wed Jun 2024 43.15 44.45 44.75 43.15 0.175 times
18 Tue Jun 2024 44.70 43.20 45.55 43.20 0.351 times
14 Fri Jun 2024 44.05 45.00 45.00 43.90 0.211 times

Stock of Marco Cable (MARCO_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 49.7, for a target of 46.9 or 44.59

Share price targets for Marco Cable (MARCO_SM)

Target Type Value
Downside Target 38.10
Downside Target 40.50
Downside Target 41.50
Downside Target 43.15
Downside Target 44.95
Downside Target 46.50
Upside Target 51.50
Upside Target 51.60
Upside Target 52.85
Upside Target 53.50
Upside Target 54.95
Upside Target 58.75

Intraday share price targets for Marco Cable (MARCO_SM)

Target Type Value
Downside Intraday Target 43.58
Downside Intraday Target 37.47
Upside Intraday Target 55.38
Upside Intraday Target 61.07
Downside Intraday Target 49.27

Weekly technical analysis of Marco Cable (MARCO_SM)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 49.70 43.20 54.95 43.15 4.6 times
14 Fri Jun 2024 44.05 41.55 45.00 41.50 1.064 times
07 Fri Jun 2024 44.10 44.40 44.95 40.50 1.343 times
31 Fri May 2024 42.00 46.50 46.50 42.00 1.029 times
24 Fri May 2024 47.00 48.00 51.50 47.00 1.03 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marco Cable (MARCO_SM)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 49.70 44.40 54.95 40.50 2.287 times
31 Fri May 2024 42.00 50.40 51.50 42.00 0.659 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

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Marco Cable (MARCO_SM)

Indicator Name Indicator Value Indicator Signal
ADX 41, 15, 46 Buy
MACD 0, -1Buy
Stochastics 71Buy
CCI 195Buy
RSI 56Buy
OBV 33000Sell
VWAP 49Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Marco Cable ( (MARCO_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Marco Cable stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Marco Cable in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Marco Cable 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Marco Cable in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 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 49.04 and Marco Cable (MARCO_SM) 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 Marco Cable (MARCO_SM) stock. Volume based technical analysis of Marco Cable (MARCO_SM) stock is negative.

Marco Cable Stock is giving positive 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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