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(MarathonNex) Marathon Nex complete technical analysis [charts+indicators] | Buy/Sell Marathon Nex | (MarathonNex) share price targets

Complete technical analysis of Marathon Nex (MarathonNex) by charts plus indicators, forecast predictions and share price targets for Marathon Nex (MarathonNex)

10 day averaged volume of Marathon Nex is 2325

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 416.40 411.10 426.20 411.10 2.851 times
20 Mon May 2024 420.20 416.50 420.85 413.75 0.26 times
17 Fri May 2024 414.90 419.60 419.95 412.90 0.496 times
16 Thu May 2024 418.80 411.05 423.00 410.15 1.698 times
15 Wed May 2024 415.15 417.35 422.00 412.95 0.255 times

Stock of Marathon Nex (MarathonNex) 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 416.8, but if it comes above 416.8, then a intra day buy could be more profitable.
If you take a sell trade below 416.8, then use 416.8 as stoploss and 404.7 as target. However if you take a buy trade in stock , then use 416.8 as stoploss and 426.89 as target.

Share price targets for Marathon Nex (MarathonNex)

Target Type Value
Downside Target 361.65
Downside Target 380.35
Downside Target 410.15
Upside Target 438.15
Upside Target 449.10
Upside Target 449.55
Upside Target 452.85
Upside Target 453.25
Upside Target 508.00
Upside Target 530.25
Upside Target 534.05

Intraday share price targets for Marathon Nex (MarathonNex)

Target Type Value
Downside Intraday Target 409.6
Downside Intraday Target 402.8
Upside Intraday Target 424.7
Upside Intraday Target 433
Upside Intraday Target 417.9

Weekly technical analysis of Marathon Nex (MarathonNex)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 416.40 416.50 426.20 411.10 0.635 times
17 Fri May 2024 414.90 419.35 423.00 410.15 0.515 times
10 Fri May 2024 419.35 423.75 437.00 416.60 1.343 times
03 Fri May 2024 432.35 449.55 449.55 424.00 0.983 times
26 Fri Apr 2024 441.85 447.40 449.10 434.10 0.466 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 Marathon Nex (MarathonNex)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 416.40 438.15 438.15 410.15 0.175 times
30 Tue Apr 2024 434.00 516.00 530.25 429.90 0.922 times
28 Thu Mar 2024 511.30 489.15 534.05 452.85 0.868 times
29 Thu Feb 2024 489.45 400.00 508.00 361.65 2.845 times

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 Marathon Nex (MarathonNex)

Indicator Name Indicator Value Indicator Signal
ADX 11, 20, 27 Sell
MACD -20, -20Buy
Stochastics 26Sell
CCI -29Sell
RSI 46Sell
OBV -21230Sell
VWAP 418Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Marathon Nex ( (MarathonNex) ) 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 Marathon Nex ( (MarathonNex) ) 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 Marathon Nex ( (MarathonNex) ) 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 Marathon Nex ( (MarathonNex) ) 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 Marathon Nex stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Marathon Nex 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.

Marathon Nex 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Marathon Nex in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Marathon Nex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 417.93 and Marathon Nex (MarathonNex) 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 Marathon Nex (MarathonNex) stock. Volume based technical analysis of Marathon Nex (MarathonNex) stock is negative.

Marathon Nex 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.

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