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(AMRN) Amarin Corporation complete technical analysis [charts+indicators] | Buy/Sell Amarin Corporation | (AMRN) share price targets

Complete technical analysis of Amarin Corporation (AMRN) by charts plus indicators, forecast predictions and share price targets for Amarin Corporation (AMRN)

Amarin Corporation trades in USA in Health Care sector.

Showing technical analysis as on 2024-05-20 View latest technical analysis

10 day averaged volume of Amarin Corporation is 985796

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon May 2024	0.88	0.87	0.89	0.86	0.598 times
17 Fri May 2024	0.87	0.90	0.91	0.87	0.988 times
16 Thu May 2024	0.91	0.92	0.93	0.90	0.594 times
15 Wed May 2024	0.94	0.90	0.96	0.90	0.563 times
14 Tue May 2024	0.91	0.90	0.93	0.89	0.604 times
13 Mon May 2024	0.92	0.86	0.95	0.86	1.05 times
10 Fri May 2024	0.85	0.90	0.90	0.85	1.307 times
09 Thu May 2024	0.88	0.88	0.90	0.87	0.616 times
08 Wed May 2024	0.86	0.97	0.97	0.86	1.933 times
07 Tue May 2024	0.98	0.98	1.03	0.96	0.657 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.9, but if it comes above 0.9, then a intra day buy could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.8 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 0.9 as target.

Share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Target	0.80
Downside Target	0.83
Upside Target	0.89
Upside Target	0.93
Upside Target	0.96
Upside Target	1.03
Upside Target	1.06
Upside Target	1.07
Upside Target	1.11
Upside Target	1.36
Upside Target	1.37

Intraday share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Intraday Target	0.86
Downside Intraday Target	0.85
Upside Intraday Target	0.89
Upside Intraday Target	0.91
Downside Intraday Target	0.88

Weekly technical analysis of Amarin Corporation (AMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon May 2024	0.88	0.87	0.89	0.86	0.157 times
17 Fri May 2024	0.87	0.86	0.96	0.86	0.613 times
10 Fri May 2024	0.85	0.91	1.03	0.85	0.838 times
03 Fri May 2024	0.91	0.85	0.93	0.81	2.162 times
26 Fri Apr 2024	0.87	0.86	0.90	0.84	0.77 times

Price has moved up 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 Amarin Corporation (AMRN)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon May 2024	0.88	0.85	1.03	0.81	0.605 times
30 Tue Apr 2024	0.92	0.89	1.11	0.84	0.779 times
28 Thu Mar 2024	0.89	1.02	1.07	0.80	1.066 times
29 Thu Feb 2024	1.07	1.19	1.36	1.06	0.453 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 Amarin Corporation (AMRN)

Price action analysis of Amarin Corporation ( (AMRN) ) 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 Amarin Corporation ( (AMRN) ) 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 Amarin Corporation ( (AMRN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Amarin Corporation ( (AMRN) ) 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 Amarin Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Amarin Corporation 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 moving up

CCI has generated a SELL signal for Amarin Corporation in short term and SELL 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

Stock of Amarin Corporation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.89 and Amarin Corporation (AMRN) 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 Amarin Corporation (AMRN) stock. Volume based technical analysis of Amarin Corporation (AMRN) stock is negative.

Amarin Corporation 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.