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

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

Showing technical analysis as on 2024-01-30 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 15799

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	91.00	91.15	91.15	87.75	1.003 times
29 Mon Jan 2024	89.40	85.95	89.40	85.95	0.233 times
25 Thu Jan 2024	87.65	90.00	90.45	87.05	1.105 times
24 Wed Jan 2024	88.80	88.80	90.60	88.80	0.289 times
23 Tue Jan 2024	90.60	92.45	92.45	90.60	0.667 times
22 Mon Jan 2024	92.45	94.30	94.30	92.45	1.191 times
19 Fri Jan 2024	94.30	97.20	97.20	93.40	2.36 times
18 Thu Jan 2024	95.30	95.30	95.30	95.30	0.664 times
17 Wed Jan 2024	93.45	93.45	93.45	93.45	0.995 times
16 Tue Jan 2024	91.65	91.65	91.65	91.50	2.107 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 92.2 as stoploss in an intra day sell trade for a target of 88.57. However, stock will show a bullish move above 92.2.

Share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Target	72.50
Downside Target	81.05
Downside Target	85.95
Upside Target	94.30
Upside Target	97.20
Upside Target	99.00
Upside Target	102.45
Upside Target	116.70
Upside Target	120.95
Upside Target	128.40

Intraday share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Intraday Target	87.58
Downside Intraday Target	84.17
Upside Intraday Target	92.78
Upside Intraday Target	94.57
Downside Intraday Target	89.37

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	91.00	85.95	91.15	85.95	0.38 times
25 Thu Jan 2024	87.65	94.30	94.30	87.05	0.499 times
19 Fri Jan 2024	94.30	89.90	97.20	89.90	1.127 times
12 Fri Jan 2024	88.15	84.85	88.15	81.50	1.863 times
05 Fri Jan 2024	86.55	81.05	87.65	81.05	0.476 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	91.00	81.05	97.20	81.05	0.738 times
29 Fri Dec 2023	79.50	85.65	87.45	72.50	1.75 times
30 Thu Nov 2023	87.40	101.85	102.45	86.50	1.452 times
31 Tue Oct 2023	101.80	120.90	120.95	99.00	0.925 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_BE)

Price action analysis of Sel Manufacturing ( (SELMC_BE) ) 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_BE) ) 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_BE) ) 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 losing momentum.

MACD generated a BUY signal for Sel Manufacturing 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.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 92.06 and Sel Manufacturing (SELMC_BE) 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_BE) stock. Volume based technical analysis of Sel Manufacturing (SELMC_BE) stock is negative.

Sel Manufacturing 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.