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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 2024-03-20 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 6827

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	75.85	77.40	77.40	75.85	0.651 times
19 Tue Mar 2024	77.40	79.00	80.50	77.40	2.771 times
18 Mon Mar 2024	78.95	79.70	79.75	77.70	1.433 times
15 Fri Mar 2024	78.20	78.65	78.65	76.00	0.539 times
14 Thu Mar 2024	77.15	77.00	77.95	75.55	0.878 times
13 Wed Mar 2024	77.10	80.10	80.10	77.10	0.789 times
12 Tue Mar 2024	78.65	79.45	81.30	78.15	0.893 times
11 Mon Mar 2024	79.75	79.50	81.85	79.45	1.01 times
07 Thu Mar 2024	81.05	82.80	82.80	80.05	0.395 times
06 Wed Mar 2024	81.20	81.35	82.75	81.20	0.688 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70.6 as stoploss in an intra day buy trade for a target of 86.44. However, stock will show a bearish move below 70.6.

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	75.55
Upside Target	80.05
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	74.3
Downside Intraday Target	72.75
Upside Intraday Target	78.95
Upside Intraday Target	82.05
Upside Intraday Target	77.4

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	75.85	79.70	80.50	75.85	1.182 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 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 Sel Manufacturing (SELMC)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	75.85	82.50	86.00	75.55	2.95 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 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 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 gaining 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 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 Sel Manufacturing in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sel Manufacturing is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.27 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.