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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 2024-04-09 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 6171

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	85.85	85.85	85.85	85.85	0.635 times
08 Mon Apr 2024	81.80	81.80	81.80	81.80	0.235 times
05 Fri Apr 2024	77.95	77.95	77.95	75.80	2.354 times
04 Thu Apr 2024	74.25	74.25	74.25	74.25	0.101 times
03 Wed Apr 2024	72.80	72.80	72.80	72.80	0.077 times
02 Tue Apr 2024	71.40	71.40	71.40	71.40	0.158 times
01 Mon Apr 2024	70.00	70.00	70.00	68.65	0.29 times
28 Thu Mar 2024	68.65	68.65	69.45	68.65	1.739 times
27 Wed Mar 2024	70.05	70.30	72.40	70.05	1.892 times
26 Tue Mar 2024	71.45	72.90	72.90	71.45	1.103 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 85.1, for a target of 80 or 75.73

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	68.65
Downside Target	72.90
Downside Target	75.55
Downside Target	77.95
Downside Target	80.50
Downside Target	85.85
Upside Target	86.00
Upside Target	87.80
Upside Target	129.00
Upside Target	136.85
Upside Target	309.80
Upside Target	415.00

Intraday share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Intraday Target	83.15
Downside Intraday Target	80.45
Upside Intraday Target	87.2
Upside Intraday Target	88.55
Downside Intraday Target	84.5

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	85.85	81.80	85.85	81.80	0.292 times
05 Fri Apr 2024	77.95	70.00	77.95	68.65	0.63 times
28 Thu Mar 2024	68.65	72.90	72.90	68.65	0.594 times
22 Fri Mar 2024	72.90	79.70	80.50	72.90	1.755 times
15 Fri Mar 2024	78.20	79.50	81.85	75.55	1.72 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
09 Tue Apr 2024	85.85	70.00	85.85	68.65	0.181 times
28 Thu Mar 2024	68.65	82.50	86.00	68.65	4.502 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

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 Sel Manufacturing (SELMC)

Price action analysis of Sel Manufacturing ( (SELMC) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sel Manufacturing in short term but the buy signal is initial and weak.

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 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 moving up

CCI has generated a buy signal for Sel Manufacturing in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 73.7 and Sel Manufacturing (SELMC) 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 Sel Manufacturing (SELMC) stock. Volume based technical analysis of Sel Manufacturing (SELMC) stock is negative.

Sel Manufacturing Stock is giving positive 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.