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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 2024-07-22 View latest technical analysis

10 day averaged volume of Chaman Metallics is 41850

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	67.00	67.55	67.70	66.20	0.753 times
19 Fri Jul 2024	67.55	68.60	68.60	66.10	1.004 times
18 Thu Jul 2024	69.95	71.80	71.80	67.50	0.645 times
16 Tue Jul 2024	70.00	70.20	71.70	70.00	0.215 times
15 Mon Jul 2024	69.15	70.00	70.95	69.00	0.43 times
12 Fri Jul 2024	70.00	72.00	72.00	70.00	0.502 times
11 Thu Jul 2024	71.10	71.70	71.70	70.65	0.43 times
10 Wed Jul 2024	71.65	72.15	74.50	70.60	0.824 times
09 Tue Jul 2024	72.15	74.70	76.00	71.90	1.434 times
08 Mon Jul 2024	74.50	74.05	76.45	73.45	2.007 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.8, but if it comes above 67.8, then a intra day buy could be more profitable.
If you take a sell trade below 67.8, then use 67.8 as stoploss and 65.2 as target. However if you take a buy trade in stock , then use 67.8 as stoploss and 70.07 as target.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.25
Upside Target	70.00
Upside Target	71.80
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	66.23
Downside Intraday Target	65.47
Upside Intraday Target	67.73
Upside Intraday Target	68.47
Downside Intraday Target	66.97

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	67.00	67.55	67.70	66.20	0.328 times
19 Fri Jul 2024	67.55	70.00	71.80	66.10	0.441 times
12 Fri Jul 2024	70.00	74.05	76.45	70.00	0.475 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

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
22 Mon Jul 2024	67.00	70.00	76.45	64.25	1.289 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 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)

Price action analysis of Chaman Metallics ( (CMNL_SM) ) 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 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 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 Chaman Metallics 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.07 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.