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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 2024-04-16 View latest technical analysis

10 day averaged volume of Chaman Metallics is 27900

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	85.00	82.00	85.00	81.50	1.129 times
15 Mon Apr 2024	81.85	81.80	82.80	81.00	0.484 times
12 Fri Apr 2024	83.05	85.00	85.00	82.30	0.914 times
10 Wed Apr 2024	84.25	81.40	85.35	81.40	1.452 times
09 Tue Apr 2024	83.95	85.00	85.00	82.50	0.376 times
08 Mon Apr 2024	85.00	88.45	88.90	84.70	0.914 times
05 Fri Apr 2024	87.20	88.50	88.55	87.05	0.645 times
04 Thu Apr 2024	89.15	90.05	90.05	88.50	1.129 times
03 Wed Apr 2024	91.20	89.65	91.20	88.50	0.914 times
02 Tue Apr 2024	88.25	87.00	88.25	87.00	2.258 times

My analysis of stock is bullish for shortterm, and stock might move up till 87.2 or till 90.7. Use a stoploss of 84.19 and if this stock hits its stoploss, then it can fall down till 81.21

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	78.40
Downside Target	80.25
Downside Target	85.00
Upside Target	88.90
Upside Target	91.20
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	82.33
Downside Intraday Target	79.67
Upside Intraday Target	86.33
Upside Intraday Target	87.67
Downside Intraday Target	83.67

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	85.00	81.80	85.00	81.00	0.441 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
28 Thu Mar 2024	80.05	88.40	88.40	78.40	1.321 times
22 Fri Mar 2024	86.20	83.00	86.20	80.25	0.292 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
16 Tue Apr 2024	85.00	83.95	91.20	81.00	0.4 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Chaman Metallics 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.

Chaman Metallics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Chaman Metallics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 86.4 and Chaman Metallics (CMNL_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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