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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 2024-06-05 View latest technical analysis

10 day averaged volume of Amarin Corporation is 1568208

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	0.71	0.73	0.75	0.71	2.256 times
04 Tue Jun 2024	0.70	0.80	0.81	0.70	5.047 times
03 Mon Jun 2024	0.85	0.86	0.88	0.80	0.637 times
31 Fri May 2024	0.87	0.85	0.88	0.84	0.423 times
30 Thu May 2024	0.84	0.85	0.86	0.83	0.426 times
29 Wed May 2024	0.84	0.84	0.86	0.81	0.801 times
28 Tue May 2024	0.84	0.87	0.90	0.83	0.871 times
23 Thu May 2024	0.84	0.86	0.89	0.84	0.722 times
22 Wed May 2024	0.87	0.88	0.90	0.86	0.388 times
21 Tue May 2024	0.90	0.88	0.90	0.87	0.309 times

Stock of Amarin Corporation (AMRN) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.7, for a target of 0.8 or 0.86

Share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Target	0.70
Upside Target	0.80
Upside Target	0.84
Upside Target	0.88
Upside Target	0.90
Upside Target	0.96
Upside Target	1.03
Upside Target	1.06
Upside Target	1.07
Upside Target	1.11
Upside Target	1.36

Intraday share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Intraday Target	0.65
Downside Intraday Target	0.58
Upside Intraday Target	0.83
Upside Intraday Target	0.94
Upside Intraday Target	0.76

Weekly technical analysis of Amarin Corporation (AMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	0.71	0.86	0.88	0.70	3.15 times
31 Fri May 2024	0.87	0.87	0.90	0.81	1.404 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

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

Monthly technical analysis of Amarin Corporation (AMRN)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	0.71	0.86	0.88	0.70	0.562 times
31 Fri May 2024	0.87	0.85	1.03	0.81	0.839 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

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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 0.76 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.