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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 2024-04-16 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 8246

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	79.70	79.40	83.20	78.05	1.683 times
15 Mon Apr 2024	79.40	80.40	80.45	78.05	0.67 times
12 Fri Apr 2024	82.05	86.25	86.25	81.00	1.296 times
10 Wed Apr 2024	83.00	85.85	87.00	81.55	5.152 times
09 Tue Apr 2024	85.85	85.85	85.85	85.85	0.476 times
08 Mon Apr 2024	81.80	81.80	81.80	81.80	0.176 times
05 Fri Apr 2024	77.95	77.95	77.95	75.80	1.762 times
04 Thu Apr 2024	74.25	74.25	74.25	74.25	0.076 times
03 Wed Apr 2024	72.80	72.80	72.80	72.80	0.058 times
02 Tue Apr 2024	71.40	71.40	71.40	71.40	0.118 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 81.1 as stoploss in an intra day sell trade for a target of 76.3. However, stock will show a bullish move above 81.1.

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	68.65
Downside Target	72.90
Downside Target	77.95
Upside Target	80.50
Upside Target	82.85
Upside Target	86.00
Upside Target	87.00
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	77.43
Downside Intraday Target	75.17
Upside Intraday Target	82.58
Upside Intraday Target	85.47
Upside Intraday Target	80.32

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	79.70	80.40	83.20	78.05	0.331 times
12 Fri Apr 2024	82.05	81.80	87.00	81.00	3.183 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

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
16 Tue Apr 2024	79.70	70.00	87.00	68.65	0.734 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 81.29 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 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.