(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 2024-04-09 View latest technical analysis
10 day averaged volume of Marine Petroleum is 14060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 4.53 | 4.72 | 4.75 | 4.51 | 0.953 times |
| 08 Mon Apr 2024 | 4.75 | 4.89 | 4.91 | 4.70 | 1.06 times |
| 05 Fri Apr 2024 | 4.82 | 4.58 | 4.86 | 4.58 | 2.162 times |
| 04 Thu Apr 2024 | 4.58 | 4.48 | 4.69 | 4.41 | 1.863 times |
| 03 Wed Apr 2024 | 4.42 | 4.58 | 4.58 | 4.20 | 0.434 times |
| 02 Tue Apr 2024 | 4.56 | 4.29 | 4.56 | 4.28 | 2.596 times |
| 01 Mon Apr 2024 | 4.28 | 4.19 | 4.28 | 4.11 | 1.117 times |
| 28 Thu Mar 2024 | 4.12 | 4.23 | 4.23 | 4.10 | 0.32 times |
| 27 Wed Mar 2024 | 4.20 | 4.14 | 4.20 | 4.10 | 0.249 times |
| 26 Tue Mar 2024 | 4.16 | 4.24 | 4.24 | 4.16 | 0.092 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.5, but if it comes below 4.5, then a intra day sell could be more profitable.
If you take a sell trade below 4.5, then use 4.5 as stoploss and 4.24 as target. However if you take a buy trade in stock , then use 4.5 as stoploss and 4.8 as target.
Share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Target | 3.94 |
| Downside Target | 4.09 |
| Downside Target | 4.26 |
| Downside Target | 4.51 |
| Upside Target | 4.65 |
| Upside Target | 4.81 |
| Upside Target | 4.86 |
| Upside Target | 4.91 |
| Upside Target | 4.92 |
Intraday share price targets for Marine Petroleum (MARPS)
| Target Type | Value |
| Downside Intraday Target | 4.39 |
| Downside Intraday Target | 4.25 |
| Upside Intraday Target | 4.79 |
| Upside Intraday Target | 5.05 |
| Upside Intraday Target | 4.65 |
Weekly technical analysis of Marine Petroleum (MARPS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 4.53 | 4.89 | 4.91 | 4.51 | 0.246 times |
| 05 Fri Apr 2024 | 4.82 | 4.19 | 4.86 | 4.11 | 10.639 times |
| 28 Thu Mar 2024 | 4.12 | 4.12 | 4.26 | 4.10 | 1.137 times |
| 22 Fri Mar 2024 | 4.17 | 4.03 | 4.20 | 3.97 | 0.324 times |
| 15 Fri Mar 2024 | 4.00 | 3.95 | 4.18 | 3.95 | 1.073 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 Marine Petroleum (MARPS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 4.53 | 4.19 | 4.91 | 4.11 | 1.797 times |
| 28 Thu Mar 2024 | 4.12 | 4.18 | 4.26 | 3.95 | 0.718 times |
| 29 Thu Feb 2024 | 4.18 | 4.75 | 4.92 | 4.09 | 0.784 times |
| 31 Wed Jan 2024 | 4.61 | 4.07 | 4.81 | 4.00 | 0.752 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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marine Petroleum stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marine Petroleum in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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
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 4.57 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 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 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 short 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marine Petroleum stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marine Petroleum in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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
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 4.57 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 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.