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 2024-02-21 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 7506

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	86.75	87.85	89.00	86.15	0.709 times
20 Tue Feb 2024	87.90	86.30	89.50	86.30	0.621 times
19 Mon Feb 2024	88.00	87.95	88.00	84.65	0.689 times
16 Fri Feb 2024	86.30	84.15	86.85	83.45	1.715 times
15 Thu Feb 2024	85.15	85.85	85.85	82.70	0.825 times
14 Wed Feb 2024	84.20	85.55	85.55	84.05	1.663 times
13 Tue Feb 2024	85.75	86.00	88.90	85.75	0.434 times
12 Mon Feb 2024	87.50	89.25	89.25	87.50	0.595 times
09 Fri Feb 2024	89.25	90.85	90.85	88.40	0.658 times
08 Thu Feb 2024	89.10	89.15	91.45	88.40	1.518 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 86.4 as stoploss in an intra day buy trade for a target of 88.81. However, stock will show a bearish move below 86.4.

Share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Target	72.50
Downside Target	81.05
Downside Target	82.70
Downside Target	84.65
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	84.43
Downside Intraday Target	82.12
Upside Intraday Target	89.28
Upside Intraday Target	91.82
Upside Intraday Target	86.97

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	86.75	87.95	89.50	84.65	0.386 times
16 Fri Feb 2024	86.30	89.25	89.25	82.70	0.969 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

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
21 Wed Feb 2024	86.75	94.15	95.50	82.70	0.346 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 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_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 and the sell signal is strong.

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 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 but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 86.8 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.