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(CMNL_SM) Chaman Metallics complete technical analysis [charts+indicators] | Buy/Sell Chaman Metallics | (CMNL_SM) share price targets

Complete technical analysis of Chaman Metallics (CMNL_SM) by charts plus indicators, forecast predictions and share price targets for Chaman Metallics (CMNL_SM)

10 day averaged volume of Chaman Metallics is 36150

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 71.90 72.55 73.95 71.55 0.871 times
20 Mon May 2024 74.70 72.05 74.70 72.05 0.124 times
17 Fri May 2024 73.20 71.50 73.50 71.50 0.788 times
16 Thu May 2024 71.00 72.00 72.50 70.75 0.705 times
15 Wed May 2024 73.00 73.65 73.70 72.00 0.456 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 71.7 as stoploss in an intra day buy trade for a target of 80.37. However, stock will show a bearish move below 71.7.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type Value
Downside Target 62.05
Downside Target 69.45
Downside Target 71.30
Upside Target 74.70
Upside Target 81.00
Upside Target 87.00
Upside Target 88.50
Upside Target 96.35
Upside Target 100.35
Upside Target 103.55
Upside Target 113.45
Upside Target 114.65

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type Value
Downside Intraday Target 70.73
Downside Intraday Target 69.57
Upside Intraday Target 73.88
Upside Intraday Target 75.87
Upside Intraday Target 72.72

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 71.90 72.05 74.70 71.55 0.186 times
17 Fri May 2024 73.20 74.95 74.95 69.45 0.429 times
10 Fri May 2024 73.10 78.15 81.70 71.30 0.712 times
03 Fri May 2024 82.25 95.05 100.35 82.25 2.858 times
26 Fri Apr 2024 94.50 82.95 96.35 82.10 2.902 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 Chaman Metallics (CMNL_SM)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 71.90 86.55 88.50 69.45 1.153 times
30 Tue Apr 2024 91.10 83.95 100.35 81.00 1.124 times
28 Thu Mar 2024 80.05 103.55 103.55 72.85 0.658 times
29 Thu Feb 2024 99.40 110.60 113.45 87.00 0.277 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 Chaman Metallics (CMNL_SM)

Indicator Name Indicator Value Indicator Signal
ADX 17, 29, 26 Sell
MACD -7, -6Sell
Stochastics 33None
CCI -38Sell
RSI 44Sell
OBV -730500Sell
VWAP 73Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Chaman Metallics in short term and the sell signal is strong.

Chaman Metallics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 Chaman Metallics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Chaman Metallics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.81 and Chaman Metallics (CMNL_SM) 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 Chaman Metallics (CMNL_SM) stock. Volume based technical analysis of Chaman Metallics (CMNL_SM) stock is negative.

Chaman Metallics 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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