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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 2024-05-30 View latest technical analysis

10 day averaged volume of Amarin Corporation is 814764

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	0.84	0.85	0.86	0.83	0.82 times
29 Wed May 2024	0.84	0.84	0.86	0.81	1.541 times
28 Tue May 2024	0.84	0.87	0.90	0.83	1.676 times
23 Thu May 2024	0.84	0.86	0.89	0.84	1.39 times
22 Wed May 2024	0.87	0.88	0.90	0.86	0.747 times
21 Tue May 2024	0.90	0.88	0.90	0.87	0.595 times
20 Mon May 2024	0.88	0.87	0.89	0.86	0.724 times
17 Fri May 2024	0.87	0.90	0.91	0.87	1.196 times
16 Thu May 2024	0.91	0.92	0.93	0.90	0.719 times
15 Wed May 2024	0.94	0.90	0.96	0.90	0.682 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 0.8 as stoploss in an intra day buy trade for a target of 0.89. However, stock will show a bearish move below 0.8.

Share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Target	0.80
Downside Target	0.83
Upside Target	0.90
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	0.8
Downside Intraday Target	0.76
Upside Intraday Target	0.89
Upside Intraday Target	0.94
Upside Intraday Target	0.85

Weekly technical analysis of Amarin Corporation (AMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	0.84	0.87	0.90	0.81	1.168 times
23 Thu May 2024	0.84	0.87	0.90	0.84	0.751 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

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 Amarin Corporation (AMRN)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	0.84	0.85	1.03	0.81	0.814 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 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 Amarin Corporation ( (AMRN) ) 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 Amarin Corporation ( (AMRN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Amarin Corporation in short term and the sell signal is strong.

Amarin Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Amarin Corporation in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Amarin Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.86 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.