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(CMNL_SM) Chaman Metallics complete technical analysis [charts+indicators] | Buy/Sell Chaman Metallics | (CMNL_SM) share price targets

Complete technical analysis of Chaman Metallics (CMNL_SM) by charts plus indicators, forecast predictions and share price targets for Chaman Metallics (CMNL_SM)

10 day averaged volume of Chaman Metallics is 32550

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	91.10	94.30	100.35	90.85	8.664 times
29 Mon Apr 2024	95.60	95.05	95.80	94.50	0.829 times
26 Fri Apr 2024	94.50	93.50	96.35	91.95	1.797 times
25 Thu Apr 2024	93.95	91.00	94.50	90.00	1.336 times
24 Wed Apr 2024	90.00	91.65	91.65	88.25	1.521 times
23 Tue Apr 2024	87.30	84.00	87.30	82.50	1.521 times
22 Mon Apr 2024	83.15	82.95	83.35	82.10	0.645 times
19 Fri Apr 2024	82.90	83.60	83.95	82.70	0.507 times
18 Thu Apr 2024	84.90	85.25	86.00	83.80	0.461 times
16 Tue Apr 2024	85.00	82.00	85.00	81.50	0.968 times

Stock of Chaman Metallics (CMNL_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 91.4 as stoploss in an intra day sell trade for a target of 87.32. However, stock will show a bullish move above 91.4.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	59.00
Downside Target	62.05
Downside Target	68.00
Downside Target	72.85
Downside Target	81.00
Downside Target	86.00
Downside Target	88.90
Downside Target	90.85
Upside Target	96.35
Upside Target	100.35
Upside Target	103.55
Upside Target	113.45
Upside Target	114.65

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	87.85
Downside Intraday Target	84.6
Upside Intraday Target	97.35
Upside Intraday Target	103.6
Upside Intraday Target	94.1

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	91.10	95.05	100.35	90.85	1.392 times
26 Fri Apr 2024	94.50	82.95	96.35	82.10	2.902 times
19 Fri Apr 2024	82.90	81.80	86.00	81.00	0.75 times
12 Fri Apr 2024	83.05	88.45	88.90	81.40	0.624 times
05 Fri Apr 2024	87.20	83.95	91.20	82.00	1.058 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 Chaman Metallics (CMNL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	91.10	83.95	100.35	81.00	1.124 times
28 Thu Mar 2024	80.05	103.55	103.55	72.85	0.658 times
29 Thu Feb 2024	99.40	110.60	113.45	87.00	0.277 times
31 Wed Jan 2024	110.60	62.85	114.65	62.05	4.423 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 Chaman Metallics (CMNL_SM)

Price action analysis of Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) based on a short to mid 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Chaman Metallics 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.

Chaman Metallics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Chaman Metallics in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Chaman Metallics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.45 and Chaman Metallics (CMNL_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Chaman Metallics (CMNL_SM) stock. Volume based technical analysis of Chaman Metallics (CMNL_SM) stock is negative.

Chaman Metallics 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.