(SELMC) Sel Manufacturing complete technical analysis [charts+indicators] | Buy/Sell Sel Manufacturing | (SELMC) share price targets
Complete technical analysis of Sel Manufacturing (SELMC) by charts plus indicators, forecast predictions and share price targets for Sel Manufacturing (SELMC)
10 day averaged volume of Sel Manufacturing is 6253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 69.85 | 70.00 | 70.00 | 68.55 | 0.87 times |
| 20 Mon May 2024 | 69.45 | 72.10 | 72.10 | 68.50 | 0.262 times |
| 17 Fri May 2024 | 69.25 | 69.70 | 70.45 | 68.45 | 1.047 times |
| 16 Thu May 2024 | 68.30 | 69.95 | 69.95 | 67.25 | 1.672 times |
| 15 Wed May 2024 | 69.10 | 71.00 | 71.00 | 68.30 | 0.891 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 69.4 as stoploss in an intra day buy trade for a target of 73.3. However, stock will show a bearish move below 69.4.
Share price targets for Sel Manufacturing (SELMC)
| Target Type | Value |
| Downside Target | 67.25 |
| Upside Target | 71.70 |
| Upside Target | 74.05 |
| Upside Target | 76.85 |
| Upside Target | 81.55 |
| Upside Target | 81.90 |
| Upside Target | 82.85 |
| Upside Target | 86.00 |
| Upside Target | 87.00 |
| Upside Target | 87.80 |
| Upside Target | 129.00 |
| Upside Target | 136.85 |
Intraday share price targets for Sel Manufacturing (SELMC)
| Target Type | Value |
| Downside Intraday Target | 68.2 |
| Downside Intraday Target | 66.55 |
| Upside Intraday Target | 71.8 |
| Upside Intraday Target | 73.75 |
| Upside Intraday Target | 70.15 |
Weekly technical analysis of Sel Manufacturing (SELMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 69.85 | 72.10 | 72.10 | 68.50 | 0.207 times |
| 17 Fri May 2024 | 69.25 | 71.35 | 71.70 | 67.25 | 1.125 times |
| 10 Fri May 2024 | 70.00 | 75.00 | 76.85 | 68.15 | 0.732 times |
| 03 Fri May 2024 | 75.10 | 81.55 | 81.55 | 74.05 | 0.831 times |
| 26 Fri Apr 2024 | 78.00 | 80.85 | 81.90 | 77.10 | 1.406 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 Sel Manufacturing (SELMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 69.85 | 75.80 | 78.35 | 67.25 | 0.481 times |
| 30 Tue Apr 2024 | 76.10 | 70.00 | 87.00 | 68.65 | 1.417 times |
| 28 Thu Mar 2024 | 68.65 | 82.50 | 86.00 | 68.65 | 4.502 times |
| 29 Thu Feb 2024 | 83.10 | 87.50 | 87.80 | 82.85 | 0.276 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 Sel Manufacturing (SELMC)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 22, 30 | Sell |
| MACD | -10, -11 | Buy |
| Stochastics | 27 | Sell |
| CCI | -57 | Sell |
| RSI | 64 | Buy |
| OBV | -57252 | Sell |
| VWAP | 70 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) based on a short term time period is
Price action analysis of Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sel Manufacturing 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.
Sel Manufacturing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a SELL signal for Sel Manufacturing in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sel Manufacturing is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 69.92 and Sel Manufacturing (SELMC) 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 Sel Manufacturing (SELMC) stock. Volume based technical analysis of Sel Manufacturing (SELMC) stock is negative.
Sel Manufacturing 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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