(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 2024-08-12 View latest technical analysis
10 day averaged volume of Marine Petroleum is 21369
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 4.22 | 3.81 | 4.70 | 3.81 | 10.375 times |
| 09 Fri Aug 2024 | 3.80 | 3.80 | 3.90 | 3.78 | 0.806 times |
| 08 Thu Aug 2024 | 3.85 | 4.01 | 4.01 | 3.82 | 0.702 times |
| 07 Wed Aug 2024 | 3.89 | 3.95 | 4.00 | 3.85 | 2.242 times |
| 06 Tue Aug 2024 | 3.84 | 4.22 | 4.25 | 3.84 | 1.605 times |
| 05 Mon Aug 2024 | 4.26 | 3.84 | 4.48 | 3.84 | 4.216 times |
| 02 Fri Aug 2024 | 3.84 | 3.84 | 3.84 | 3.84 | 0.047 times |
| 01 Thu Aug 2024 | 3.90 | 3.90 | 3.90 | 3.90 | 0.023 times |
| 31 Wed Jul 2024 | 3.85 | 3.93 | 3.93 | 3.84 | 0.122 times |
| 30 Tue Jul 2024 | 3.93 | 3.97 | 3.97 | 3.84 | 0.206 times |
Stock of Marine Petroleum (MARPS) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 4.2, for a target of 4 or 3.91
Share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Target | 3.77 |
| Downside Target | 4.00 |
| Downside Target | 4.01 |
| Upside Target | 4.32 |
| Upside Target | 4.48 |
| Upside Target | 4.70 |
| Upside Target | 4.78 |
| Upside Target | 6.50 |
Intraday share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Intraday Target | 3.79 |
| Downside Intraday Target | 3.35 |
| Upside Intraday Target | 4.68 |
| Upside Intraday Target | 5.13 |
| Upside Intraday Target | 4.24 |
Weekly technical analysis of Marine Petroleum (MARPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 4.22 | 3.81 | 4.70 | 3.81 | 1.084 times |
| 09 Fri Aug 2024 | 3.80 | 3.84 | 4.48 | 3.78 | 22.318 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 |
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 Marine Petroleum (MARPS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 4.22 | 3.90 | 4.70 | 3.78 | 6.421 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 up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Marine Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Marine Petroleum in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marine Petroleum 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marine Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Marine Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.13 and Marine Petroleum (MARPS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marine Petroleum ( (MARPS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Marine Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Marine Petroleum in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marine Petroleum 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marine Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Marine Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.13 and Marine Petroleum (MARPS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.