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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)

Showing technical analysis as on 2024-07-09 View latest technical analysis

10 day averaged volume of Chaman Metallics is 62400

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	72.15	74.70	76.00	71.90	0.962 times
08 Mon Jul 2024	74.50	74.05	76.45	73.45	1.346 times
05 Fri Jul 2024	72.75	71.85	76.40	71.00	1.683 times
04 Thu Jul 2024	70.55	66.95	70.95	65.30	2.692 times
03 Wed Jul 2024	66.00	66.55	67.20	64.25	1.803 times
02 Tue Jul 2024	66.50	68.50	69.70	66.50	0.409 times
01 Mon Jul 2024	68.50	70.00	70.00	68.00	0.745 times
28 Fri Jun 2024	69.90	68.85	71.25	68.85	0.288 times
27 Thu Jun 2024	68.75	71.30	71.30	68.25	0.337 times
26 Wed Jun 2024	69.90	72.50	72.50	69.45	0.577 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 72.3 as stoploss in an intra day sell trade for a target of 70.2. However, stock will show a bullish move above 72.3.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.25
Downside Target	67.05
Downside Target	71.50
Upside Target	73.55
Upside Target	76.40
Upside Target	76.45
Upside Target	81.00
Upside Target	88.50
Upside Target	100.35
Upside Target	103.55

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	70.55
Downside Intraday Target	68.95
Upside Intraday Target	75.1
Upside Intraday Target	78.05
Upside Intraday Target	73.5

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	72.15	74.05	76.45	71.90	0.315 times
05 Fri Jul 2024	72.75	70.00	76.40	64.25	3.765 times
28 Fri Jun 2024	69.90	72.90	73.55	68.25	0.871 times
21 Fri Jun 2024	69.85	68.70	72.40	68.70	1.409 times
14 Fri Jun 2024	68.70	70.65	71.50	68.60	0.377 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
09 Tue Jul 2024	72.15	70.00	76.45	64.25	0.966 times
28 Fri Jun 2024	69.90	68.10	73.55	65.00	0.481 times
31 Fri May 2024	69.00	86.55	88.50	67.05	1.483 times
30 Tue Apr 2024	91.10	83.95	100.35	81.00	1.124 times

Scroll below to view daily charts

Price has moved up 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)

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 to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Chaman Metallics 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.

Chaman Metallics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

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 70.37 and Chaman Metallics (CMNL_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.