Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-12 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 9860

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	87.50	89.25	89.25	87.50	0.453 times
09 Fri Feb 2024	89.25	90.85	90.85	88.40	0.501 times
08 Thu Feb 2024	89.10	89.15	91.45	88.40	1.156 times
07 Wed Feb 2024	90.15	89.15	91.85	89.15	0.976 times
06 Tue Feb 2024	90.95	88.35	91.90	88.35	0.93 times
05 Mon Feb 2024	90.15	91.00	91.00	90.15	0.549 times
02 Fri Feb 2024	91.95	95.50	95.50	91.85	0.872 times
01 Thu Feb 2024	93.70	94.15	94.25	90.70	1.169 times
31 Wed Jan 2024	92.45	92.70	92.80	91.00	1.867 times
30 Tue Jan 2024	91.00	91.15	91.15	87.75	1.607 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88.9, but if it comes above 88.9, then a intra day buy could be more profitable.
If you take a sell trade below 88.9, then use 88.9 as stoploss and 86.4 as target. However if you take a buy trade in stock , then use 88.9 as stoploss and 90.99 as target.

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	91.90
Upside Target	94.30
Upside Target	95.50
Upside Target	97.20
Upside Target	99.00
Upside Target	102.45
Upside Target	120.95

Intraday share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Intraday Target	86.92
Downside Intraday Target	86.33
Upside Intraday Target	88.67
Upside Intraday Target	89.83
Upside Intraday Target	88.08

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	87.50	89.25	89.25	87.50	0.11 times
09 Fri Feb 2024	89.25	91.00	91.90	88.35	0.698 times
02 Fri Feb 2024	91.95	85.95	95.50	85.95	1.13 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	87.50	94.15	95.50	87.50	0.196 times
31 Wed Jan 2024	92.45	81.05	97.20	81.05	0.781 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

Scroll below to view daily charts

Price has moved down 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 and selling is picking up 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 91.07 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 has given negative 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.