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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 2024-07-31 View latest technical analysis

10 day averaged volume of Amarin Corporation is 852640

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	0.68	0.79	0.79	0.65	6.777 times
30 Tue Jul 2024	0.78	0.76	0.79	0.76	1.155 times
29 Mon Jul 2024	0.78	0.80	0.80	0.77	0.776 times
26 Fri Jul 2024	0.80	0.78	0.82	0.77	0.824 times
25 Thu Jul 2024	0.79	0.78	0.80	0.78	0.424 times
24 Wed Jul 2024	0.78	0.77	0.80	0.77	0.824 times
23 Tue Jul 2024	0.79	0.79	0.80	0.78	1.221 times
22 Mon Jul 2024	0.79	0.80	0.80	0.78	1.158 times
19 Fri Jul 2024	0.78	0.79	0.80	0.76	0.989 times
18 Thu Jul 2024	0.79	0.79	0.80	0.79	1.743 times

Stock of Amarin Corporation (AMRN) has showed a significant fall. This could be a good time to exit from 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 0.7 or 0.76

Share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Target	0.63
Downside Target	0.65
Downside Target	0.68
Upside Target	0.73
Upside Target	0.77
Upside Target	0.80
Upside Target	0.82
Upside Target	0.84
Upside Target	0.88
Upside Target	1.03
Upside Target	1.07
Upside Target	1.11

Intraday share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Intraday Target	0.62
Downside Intraday Target	0.56
Upside Intraday Target	0.77
Upside Intraday Target	0.86
Upside Intraday Target	0.71

Weekly technical analysis of Amarin Corporation (AMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	0.68	0.80	0.80	0.65	1.956 times
26 Fri Jul 2024	0.80	0.80	0.82	0.77	0.668 times
19 Fri Jul 2024	0.78	0.78	0.80	0.73	0.781 times
12 Fri Jul 2024	0.78	0.75	0.80	0.69	2.703 times
05 Fri Jul 2024	0.74	0.71	0.74	0.68	1.131 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
31 Wed Jul 2024	0.68	0.70	0.82	0.65	0.62 times
28 Fri Jun 2024	0.69	0.86	0.88	0.63	2.131 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 gaining 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 coming down

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

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 0.74 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.