(MARPS) Marine Petroleum complete technical analysis [charts+indicators] | Buy/Sell Marine Petroleum | (MARPS) share price targets
Complete technical analysis of Marine Petroleum (MARPS) by charts plus indicators, forecast predictions and share price targets for Marine Petroleum (MARPS)
Marine Petroleum trades in USA in Energy sector.
Showing technical analysis as on 2024-08-06 View latest technical analysis
10 day averaged volume of Marine Petroleum is 10586
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 3.84 | 4.22 | 4.25 | 3.84 | 3.24 times |
| 05 Mon Aug 2024 | 4.26 | 3.84 | 4.48 | 3.84 | 8.511 times |
| 02 Fri Aug 2024 | 3.84 | 3.84 | 3.84 | 3.84 | 0.094 times |
| 01 Thu Aug 2024 | 3.90 | 3.90 | 3.90 | 3.90 | 0.047 times |
| 31 Wed Jul 2024 | 3.85 | 3.93 | 3.93 | 3.84 | 0.246 times |
| 30 Tue Jul 2024 | 3.93 | 3.97 | 3.97 | 3.84 | 0.416 times |
| 29 Mon Jul 2024 | 3.90 | 3.90 | 3.90 | 3.90 | 0.063 times |
| 26 Fri Jul 2024 | 3.90 | 3.90 | 3.90 | 3.90 | 0.066 times |
| 25 Thu Jul 2024 | 3.84 | 3.95 | 3.96 | 3.84 | 0.142 times |
| 24 Wed Jul 2024 | 3.84 | 3.85 | 3.91 | 3.84 | 0.293 times |
Stock of Marine Petroleum (MARPS) has showed a significant fall. This could be a good time to exit from this stock.
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 3.8 as stoploss in an intra day buy trade for a target of 3.9. However, stock will show a bearish move below 3.8.
Share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Target | 3.77 |
| Upside Target | 3.99 |
| Upside Target | 4.00 |
| Upside Target | 4.01 |
| Upside Target | 4.32 |
| Upside Target | 4.48 |
| Upside Target | 4.78 |
| Upside Target | 6.50 |
Intraday share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Intraday Target | 3.63 |
| Downside Intraday Target | 3.41 |
| Upside Intraday Target | 4.27 |
| Upside Intraday Target | 4.69 |
| Upside Intraday Target | 4.05 |
Weekly technical analysis of Marine Petroleum (MARPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 3.84 | 3.84 | 4.48 | 3.84 | 13.575 times |
| 02 Fri Aug 2024 | 3.84 | 3.90 | 3.97 | 3.84 | 1.388 times |
| 26 Fri Jul 2024 | 3.90 | 3.85 | 3.96 | 3.84 | 0.567 times |
| 19 Fri Jul 2024 | 3.85 | 3.93 | 4.00 | 3.85 | 0.685 times |
| 12 Fri Jul 2024 | 3.92 | 3.82 | 3.99 | 3.81 | 1.717 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 Marine Petroleum (MARPS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 3.84 | 3.90 | 4.48 | 3.84 | 1.89 times |
| 31 Wed Jul 2024 | 3.85 | 3.85 | 4.00 | 3.81 | 0.652 times |
| 28 Fri Jun 2024 | 3.95 | 4.29 | 4.32 | 3.77 | 0.405 times |
| 31 Fri May 2024 | 4.20 | 4.29 | 4.78 | 4.01 | 0.323 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Marine Petroleum (MARPS)
Price action analysis of Marine Petroleum ( (MARPS) ) 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 Marine Petroleum ( (MARPS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a short to mid 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 Marine Petroleum ( (MARPS) ) 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 Marine Petroleum stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Marine Petroleum in short term but the buy signal is initial and weak.
Marine Petroleum 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marine Petroleum in short term but SELL 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
Stock of Marine Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.12 and Marine Petroleum (MARPS) 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 Marine Petroleum (MARPS) stock. Volume based technical analysis of Marine Petroleum (MARPS) stock is negative.
Marine Petroleum 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.
Price action analysis of Marine Petroleum ( (MARPS) ) 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 Marine Petroleum ( (MARPS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a short to mid 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 Marine Petroleum ( (MARPS) ) 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 Marine Petroleum stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Marine Petroleum in short term but the buy signal is initial and weak.
Marine Petroleum 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marine Petroleum in short term but SELL 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
Stock of Marine Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.12 and Marine Petroleum (MARPS) 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 Marine Petroleum (MARPS) stock. Volume based technical analysis of Marine Petroleum (MARPS) stock is negative.
Marine Petroleum 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.