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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)

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Chaman Metallics is 52950

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	82.30	81.00	85.30	81.00	0.482 times
18 Mon Mar 2024	83.00	83.00	84.15	81.50	0.737 times
15 Fri Mar 2024	80.25	77.30	80.25	77.30	0.85 times
14 Thu Mar 2024	76.45	74.95	76.45	73.25	1.756 times
13 Wed Mar 2024	72.85	80.90	83.50	72.85	1.7 times
12 Tue Mar 2024	80.95	86.05	88.45	80.95	2.521 times
11 Mon Mar 2024	89.95	96.60	96.60	89.50	0.737 times
07 Thu Mar 2024	93.05	93.55	93.65	92.70	0.397 times
06 Wed Mar 2024	93.90	94.05	97.50	93.00	0.765 times
05 Tue Mar 2024	97.00	98.00	98.30	96.00	0.283 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.2, but if it comes above 83.2, then a intra day buy could be more profitable.
If you take a sell trade below 83.2, then use 83.2 as stoploss and 71 as target. However if you take a buy trade in stock , then use 83.2 as stoploss and 93.36 as target.

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
Upside Target	85.30
Upside Target	92.70
Upside Target	96.60
Upside Target	99.00
Upside Target	101.95
Upside Target	103.55
Upside Target	108.75
Upside Target	110.95
Upside Target	113.45
Upside Target	114.65

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	80.43
Downside Intraday Target	78.57
Upside Intraday Target	84.73
Upside Intraday Target	87.17
Upside Intraday Target	82.87

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	82.30	83.00	85.30	81.00	0.161 times
15 Fri Mar 2024	80.25	96.60	96.60	72.85	4.45 times
07 Thu Mar 2024	93.05	100.10	101.95	92.70	0.583 times
02 Sat Mar 2024	101.30	110.95	110.95	99.00	0.687 times
23 Fri Feb 2024	107.15	106.95	108.75	97.00	0.732 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 Chaman Metallics (CMNL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	82.30	103.55	103.55	72.85	0.483 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
29 Fri Dec 2023	61.45	59.75	68.00	59.00	0.73 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 Chaman Metallics (CMNL_SM)

Price action analysis of Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) 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 Chaman Metallics ( (CMNL_SM) ) based on a mid to longer 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.

ADX buy sell signal for Chaman Metallics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Chaman Metallics in short term and the sell signal is strong.

Chaman Metallics 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 weakening, and bulls 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 Chaman Metallics in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.51 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 falling down

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 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.