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(AMRN) Amarin Corporation complete technical analysis [charts+indicators] | Buy/Sell Amarin Corporation | (AMRN) share price targets

Complete technical analysis of Amarin Corporation (AMRN) by charts plus indicators, forecast predictions and share price targets for Amarin Corporation (AMRN)

Amarin Corporation trades in USA in Health Care sector.

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Amarin Corporation is 754950

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.57	0.57	0.58	0.57	0.656 times
16 Wed Oct 2024	0.58	0.58	0.58	0.57	0.613 times
15 Tue Oct 2024	0.58	0.58	0.60	0.57	1.032 times
14 Mon Oct 2024	0.58	0.59	0.60	0.58	0.502 times
11 Fri Oct 2024	0.59	0.58	0.60	0.58	0.788 times
10 Thu Oct 2024	0.58	0.58	0.60	0.58	0.46 times
09 Wed Oct 2024	0.58	0.59	0.61	0.57	1.077 times
08 Tue Oct 2024	0.59	0.58	0.60	0.57	1.211 times
07 Mon Oct 2024	0.58	0.60	0.60	0.57	1.709 times
04 Fri Oct 2024	0.61	0.60	0.62	0.57	1.842 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.6 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.59 as target.

Share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Target	0.57
Upside Target	0.60
Upside Target	0.61
Upside Target	0.63
Upside Target	0.65
Upside Target	0.72
Upside Target	0.82
Upside Target	0.88

Intraday share price targets for Amarin Corporation (AMRN)

Target Type	Value
Downside Intraday Target	0.56
Downside Intraday Target	0.55
Upside Intraday Target	0.59
Upside Intraday Target	0.61
Upside Intraday Target	0.58

Weekly technical analysis of Amarin Corporation (AMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.57	0.59	0.60	0.57	0.535 times
11 Fri Oct 2024	0.59	0.60	0.61	0.57	0.901 times
04 Fri Oct 2024	0.61	0.60	0.65	0.57	1.208 times
27 Fri Sep 2024	0.60	0.59	0.61	0.57	1.301 times
20 Fri Sep 2024	0.59	0.60	0.61	0.58	0.971 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 Amarin Corporation (AMRN)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	0.57	0.65	0.65	0.57	0.689 times
30 Mon Sep 2024	0.63	0.62	0.65	0.57	0.375 times
30 Fri Aug 2024	0.63	0.67	0.72	0.57	1.232 times
31 Wed Jul 2024	0.68	0.70	0.82	0.65	0.62 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 Amarin Corporation (AMRN)

Price action analysis of Amarin Corporation ( (AMRN) ) 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 Amarin Corporation ( (AMRN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Amarin Corporation ( (AMRN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amarin Corporation ( (AMRN) ) 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 Amarin Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Amarin Corporation in short term and the sell signal is strong.

Amarin Corporation 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 Amarin Corporation 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 Amarin Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.59 and Amarin Corporation (AMRN) 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 Amarin Corporation (AMRN) stock. Volume based technical analysis of Amarin Corporation (AMRN) stock is negative.

Amarin Corporation 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.