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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 2024-08-09 View latest technical analysis

10 day averaged volume of Chaman Metallics is 73800

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	75.35	76.00	78.40	75.05	0.386 times
08 Thu Aug 2024	75.85	73.00	80.00	73.00	2.541 times
07 Wed Aug 2024	72.95	68.00	73.35	68.00	1.85 times
06 Tue Aug 2024	67.75	68.00	70.85	67.00	0.813 times
05 Mon Aug 2024	67.90	67.95	69.00	64.00	1.402 times
02 Fri Aug 2024	66.10	65.45	66.90	65.10	0.65 times
01 Thu Aug 2024	66.90	68.30	68.30	66.00	0.955 times
31 Wed Jul 2024	68.00	68.00	69.00	67.75	0.366 times
30 Tue Jul 2024	68.45	69.55	70.80	67.90	0.691 times
29 Mon Jul 2024	68.65	70.50	70.80	68.60	0.325 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 74.9, for a target of 71.9 or 69.32

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.00
Downside Target	70.00
Downside Target	71.80
Downside Target	73.55
Upside Target	76.45
Upside Target	80.00
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	66.23
Downside Intraday Target	57.12
Upside Intraday Target	82.23
Upside Intraday Target	89.12
Downside Intraday Target	73.12

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	75.35	67.95	80.00	64.00	2.34 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chaman Metallics (CMNL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	75.35	68.30	80.00	64.00	0.592 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Chaman Metallics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Chaman Metallics in short term and the buy signal is strong.

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 stronger in this stock.

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 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 70.99 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 is giving positive 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.