Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-04 View latest technical analysis

10 day averaged volume of Chaman Metallics is 147150

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	101.45	101.90	104.00	100.55	0.336 times
03 Tue Sep 2024	101.25	103.00	105.50	100.50	0.265 times
02 Mon Sep 2024	103.00	110.00	110.00	101.55	0.326 times
30 Fri Aug 2024	106.85	100.00	108.50	100.00	1.284 times
29 Thu Aug 2024	100.00	99.00	102.90	99.00	0.55 times
28 Wed Aug 2024	99.30	105.35	107.75	98.25	0.979 times
27 Tue Aug 2024	105.35	99.00	109.00	96.05	3.221 times
26 Mon Aug 2024	93.60	81.85	93.60	79.05	2.426 times
23 Fri Aug 2024	78.00	76.95	80.80	76.05	0.571 times
22 Thu Aug 2024	77.60	74.30	78.60	74.15	0.306 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 98.8, but if it comes below 98.8, then a intra day sell could be more profitable.
If you take a sell trade below 98.8, then use 98.8 as stoploss and 85.7 as target. However if you take a buy trade in stock , then use 98.8 as stoploss and 114.5 as target.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.00
Downside Target	67.05
Downside Target	71.00
Downside Target	73.55
Downside Target	76.45
Downside Target	79.05
Downside Target	88.50
Downside Target	100.50
Upside Target	109.00
Upside Target	110.00

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	97.97
Downside Intraday Target	94.48
Upside Intraday Target	107.47
Upside Intraday Target	113.48
Upside Intraday Target	103.98

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	101.45	110.00	110.00	100.50	0.11 times
30 Fri Aug 2024	106.85	81.85	109.00	79.05	6.484 times
23 Fri Aug 2024	78.00	75.25	80.80	73.65	1.219 times
16 Fri Aug 2024	75.80	72.70	76.50	71.00	0.305 times
09 Fri Aug 2024	75.35	67.95	80.00	64.00	2.34 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
04 Wed Sep 2024	101.45	110.00	110.00	100.50	0.061 times
30 Fri Aug 2024	106.85	68.30	109.00	64.00	2.078 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 99.24 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.