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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 2024-11-11 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 7818

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	44.74	44.01	45.89	44.01	0.839 times
08 Fri Nov 2024	45.38	45.50	45.50	44.11	0.614 times
07 Thu Nov 2024	45.33	45.96	45.96	44.50	0.7 times
06 Wed Nov 2024	45.39	45.70	45.70	44.02	1.096 times
05 Tue Nov 2024	44.80	46.39	46.39	44.57	1.037 times
04 Mon Nov 2024	44.98	45.95	45.95	44.12	0.728 times
01 Fri Nov 2024	45.24	46.00	46.37	44.11	0.678 times
31 Thu Oct 2024	45.01	45.88	46.00	44.36	0.774 times
30 Wed Oct 2024	44.98	44.00	46.20	44.00	1.976 times
29 Tue Oct 2024	44.99	45.30	46.50	43.63	0.761 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 44.5 as stoploss in an intra day buy trade for a target of 46.22. However, stock will show a bearish move below 44.5.

Share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Target	42.01
Downside Target	43.90
Upside Target	45.89
Upside Target	50.00
Upside Target	52.39
Upside Target	54.00
Upside Target	59.25
Upside Target	61.19
Upside Target	65.79
Upside Target	69.69
Upside Target	82.70
Upside Target	95.50

Intraday share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Intraday Target	43.87
Downside Intraday Target	43
Upside Intraday Target	45.75
Upside Intraday Target	46.76
Upside Intraday Target	44.88

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	44.74	44.01	45.89	44.01	0.201 times
08 Fri Nov 2024	45.38	45.95	46.39	44.02	0.717 times
01 Fri Nov 2024	45.24	43.00	46.50	42.01	0.769 times
25 Fri Oct 2024	43.98	47.48	50.00	43.90	0.614 times
18 Fri Oct 2024	47.48	50.00	52.39	47.00	1.245 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
11 Mon Nov 2024	44.74	46.00	46.39	44.01	0.144 times
31 Thu Oct 2024	45.01	56.70	59.25	42.01	0.744 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Strong 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 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 and the buying is gaining 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 45.06 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 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.