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(MartinBurn) Martin Burn complete technical analysis [charts+indicators] | Buy/Sell Martin Burn | (MartinBurn) share price targets

Complete technical analysis of Martin Burn (MartinBurn) by charts plus indicators, forecast predictions and share price targets for Martin Burn (MartinBurn)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Martin Burn is 2674

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	54.08	51.81	56.28	51.70	0.552 times
20 Tue Feb 2024	54.24	56.69	56.69	53.67	0.972 times
19 Mon Feb 2024	56.44	57.65	57.65	52.41	0.117 times
16 Fri Feb 2024	55.16	57.10	57.10	54.92	0.158 times
15 Thu Feb 2024	54.56	57.98	57.98	54.50	0.093 times
14 Wed Feb 2024	56.88	57.98	57.98	54.00	0.372 times
13 Tue Feb 2024	56.43	57.49	57.49	52.05	1.423 times
12 Mon Feb 2024	54.78	54.59	57.95	53.00	2.794 times
09 Fri Feb 2024	55.70	59.98	59.98	55.28	0.509 times
08 Thu Feb 2024	58.15	61.15	62.87	57.00	0.503 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.2, but if it comes above 55.2, then a intra day buy could be more profitable.
If you take a sell trade below 55.2, then use 55.2 as stoploss and 52.3 as target. However if you take a buy trade in stock , then use 55.2 as stoploss and 57.68 as target.

Share price targets for Martin Burn (MartinBurn)

Target Type	Value
Downside Target	37.10
Downside Target	38.10
Downside Target	41.00
Downside Target	45.10
Downside Target	47.70
Downside Target	50.30
Downside Target	51.70
Upside Target	55.28
Upside Target	57.40
Upside Target	59.50
Upside Target	62.87
Upside Target	63.00
Upside Target	64.00
Upside Target	74.60

Intraday share price targets for Martin Burn (MartinBurn)

Target Type	Value
Downside Intraday Target	51.3
Downside Intraday Target	48.53
Upside Intraday Target	57.25
Upside Intraday Target	60.43
Upside Intraday Target	54.48

Weekly technical analysis of Martin Burn (MartinBurn)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	54.08	57.65	57.65	51.70	0.339 times
16 Fri Feb 2024	55.16	54.59	57.98	52.05	0.817 times
09 Fri Feb 2024	55.70	60.98	62.87	55.28	1.914 times
02 Fri Feb 2024	58.10	58.20	63.00	57.40	0.97 times
25 Thu Jan 2024	60.50	60.07	64.00	57.50	0.185 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 Martin Burn (MartinBurn)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	54.08	58.90	62.87	51.70	0.088 times
31 Wed Jan 2024	58.93	48.45	74.60	45.10	2.254 times
29 Fri Dec 2023	47.17	45.85	59.50	41.00	5.38 times
30 Thu Nov 2023	44.45	40.25	47.70	37.10	0.583 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 Martin Burn (MartinBurn)

Price action analysis of Martin Burn ( (MartinBurn) ) 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 Martin Burn ( (MartinBurn) ) based on a short 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 Martin Burn ( (MartinBurn) ) 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 Martin Burn ( (MartinBurn) ) based on a mid to longer 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.

ADX buy sell signal for Martin Burn stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Martin Burn in short term and the sell signal is strong.

Martin Burn 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 Martin Burn in short term and SELL 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 Martin Burn is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.4 and Martin Burn (MartinBurn) 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 Martin Burn (MartinBurn) stock. Volume based technical analysis of Martin Burn (MartinBurn) stock is negative.

Martin Burn 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.