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(SELMC) Sel Manufacturing complete technical analysis [charts+indicators] | Buy/Sell Sel Manufacturing | (SELMC) share price targets

Complete technical analysis of Sel Manufacturing (SELMC) by charts plus indicators, forecast predictions and share price targets for Sel Manufacturing (SELMC)

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 4525

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	78.95	79.70	79.75	77.70	2.163 times
15 Fri Mar 2024	78.20	78.65	78.65	76.00	0.813 times
14 Thu Mar 2024	77.15	77.00	77.95	75.55	1.324 times
13 Wed Mar 2024	77.10	80.10	80.10	77.10	1.191 times
12 Tue Mar 2024	78.65	79.45	81.30	78.15	1.347 times
11 Mon Mar 2024	79.75	79.50	81.85	79.45	1.523 times
07 Thu Mar 2024	81.05	82.80	82.80	80.05	0.595 times
06 Wed Mar 2024	81.20	81.35	82.75	81.20	1.037 times
05 Tue Mar 2024	82.85	82.80	84.95	82.75	0.912 times
04 Mon Mar 2024	84.40	85.95	85.95	84.25	1.058 times

Stock of Sel Manufacturing (SELMC) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 22.7 or till -93.2. Use a stoploss of 119.29 and if the stock hits stoploss, then it can shoot up till 215.87

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	75.55
Downside Target	77.70
Upside Target	79.75
Upside Target	85.95
Upside Target	87.80
Upside Target	117.05
Upside Target	129.00
Upside Target	136.85
Upside Target	295.05
Upside Target	309.80
Upside Target	415.00

Intraday share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Intraday Target	77.85
Downside Intraday Target	76.75
Upside Intraday Target	79.9
Upside Intraday Target	80.85
Downside Intraday Target	78.8

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	78.95	79.70	79.75	77.70	0.349 times
15 Fri Mar 2024	78.20	79.50	81.85	75.55	1.72 times
07 Thu Mar 2024	81.05	85.95	85.95	80.05	0.433 times
02 Sat Mar 2024	85.95	87.50	87.80	81.55	0.357 times
04 Tue Jul 2023	131.75	129.00	136.85	129.00	910.466 times

Price has moved up 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 Sel Manufacturing (SELMC)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	78.95	82.50	86.00	75.55	2.149 times
29 Thu Feb 2024	83.10	87.50	87.80	82.85	0.276 times
04 Tue Jul 2023	131.75	129.00	136.85	129.00	512.689 times
10 Thu Mar 2022	415.00	309.80	415.00	309.80	0.075 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sel Manufacturing (SELMC)

Price action analysis of Sel Manufacturing ( (SELMC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sel Manufacturing in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sel Manufacturing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sel Manufacturing in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Sel Manufacturing is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 79.66 and Sel Manufacturing (SELMC) 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 Sel Manufacturing (SELMC) stock. Volume based technical analysis of Sel Manufacturing (SELMC) stock is negative.

Sel Manufacturing 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.