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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 2024-08-02 View latest technical analysis

10 day averaged volume of Chaman Metallics is 41400

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	66.10	65.45	66.90	65.10	1.159 times
01 Thu Aug 2024	66.90	68.30	68.30	66.00	1.703 times
31 Wed Jul 2024	68.00	68.00	69.00	67.75	0.652 times
30 Tue Jul 2024	68.45	69.55	70.80	67.90	1.232 times
29 Mon Jul 2024	68.65	70.50	70.80	68.60	0.58 times
26 Fri Jul 2024	69.40	70.95	71.00	68.80	0.725 times
25 Thu Jul 2024	69.55	68.10	70.20	67.60	1.957 times
24 Wed Jul 2024	68.00	68.00	68.00	67.20	0.507 times
23 Tue Jul 2024	67.95	69.75	69.75	66.20	0.87 times
22 Mon Jul 2024	67.00	67.55	67.70	66.20	0.761 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.3, but if it comes above 67.3, then a intra day buy could be more profitable.
If you take a sell trade below 67.3, then use 67.3 as stoploss and 64.8 as target. However if you take a buy trade in stock , then use 67.3 as stoploss and 69.44 as target.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.25
Upside Target	70.00
Upside Target	71.00
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

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	63.87
Downside Intraday Target	61.63
Upside Intraday Target	69.57
Upside Intraday Target	73.03
Upside Intraday Target	67.33

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	66.10	70.50	70.80	65.10	1.105 times
26 Fri Jul 2024	69.40	67.55	71.00	66.20	2.078 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

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
02 Fri Aug 2024	66.10	68.30	68.30	65.10	0.11 times
31 Wed Jul 2024	68.00	70.00	76.45	64.25	1.723 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

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 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 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 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 68.01 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.