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 2024-10-04 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 15837

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	55.80	56.70	58.50	54.85	0.641 times
03 Thu Oct 2024	56.82	55.25	57.89	55.25	0.783 times
01 Tue Oct 2024	56.97	56.70	59.25	55.50	0.759 times
30 Mon Sep 2024	56.99	56.00	57.35	54.00	1.063 times
27 Fri Sep 2024	56.60	57.99	57.99	55.40	0.526 times
26 Thu Sep 2024	56.94	57.30	58.98	56.00	1.231 times
25 Wed Sep 2024	58.19	56.56	58.82	56.56	1.003 times
24 Tue Sep 2024	58.13	58.18	59.79	56.30	0.418 times
23 Mon Sep 2024	58.18	58.10	60.40	57.50	0.984 times
20 Fri Sep 2024	58.09	58.50	61.84	57.95	1.281 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.6, but if it comes above 56.6, then a intra day buy could be more profitable.
If you take a sell trade below 56.6, then use 56.6 as stoploss and 54.7 as target. However if you take a buy trade in stock , then use 56.6 as stoploss and 58.3 as target.

Share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Target	54.00
Upside Target	57.95
Upside Target	59.25
Upside Target	63.40
Upside Target	65.79
Upside Target	69.69
Upside Target	81.05
Upside Target	82.70
Upside Target	95.50
Upside Target	97.20

Intraday share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Intraday Target	53.45
Downside Intraday Target	51.1
Upside Intraday Target	58.7
Upside Intraday Target	61.6
Upside Intraday Target	56.35

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	55.80	56.00	59.25	54.00	0.78 times
27 Fri Sep 2024	56.60	58.10	60.40	55.40	0.698 times
20 Fri Sep 2024	58.09	62.00	63.40	57.95	0.71 times
13 Fri Sep 2024	60.39	57.98	60.39	56.00	1.285 times
06 Fri Sep 2024	58.04	65.79	65.79	58.00	0.938 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
04 Fri Oct 2024	55.80	56.70	59.25	54.85	0.083 times
30 Mon Sep 2024	56.99	65.79	65.79	54.00	1.108 times
30 Fri Aug 2024	63.04	68.45	69.69	61.19	3.066 times
23 Fri Feb 2024	85.80	94.15	95.50	82.70	0.367 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying is losing 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 57.34 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.