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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 2024-04-25 View latest technical analysis

10 day averaged volume of Chaman Metallics is 27300

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	93.95	91.00	94.50	90.00	1.593 times
24 Wed Apr 2024	90.00	91.65	91.65	88.25	1.813 times
23 Tue Apr 2024	87.30	84.00	87.30	82.50	1.813 times
22 Mon Apr 2024	83.15	82.95	83.35	82.10	0.769 times
19 Fri Apr 2024	82.90	83.60	83.95	82.70	0.604 times
18 Thu Apr 2024	84.90	85.25	86.00	83.80	0.549 times
16 Tue Apr 2024	85.00	82.00	85.00	81.50	1.154 times
15 Mon Apr 2024	81.85	81.80	82.80	81.00	0.495 times
12 Fri Apr 2024	83.05	85.00	85.00	82.30	0.934 times
10 Wed Apr 2024	84.25	81.40	85.35	81.40	1.484 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 93.3, for a target of 89 or 85.37

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	81.00
Downside Target	86.00
Downside Target	91.20
Upside Target	94.50
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	85.87
Downside Intraday Target	77.78
Upside Intraday Target	98.27
Upside Intraday Target	102.58
Downside Intraday Target	90.18

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	93.95	82.95	94.50	82.10	2.137 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
28 Thu Mar 2024	80.05	88.40	88.40	78.40	1.321 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chaman Metallics (CMNL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	93.95	83.95	94.50	81.00	0.651 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 neutral. A longer time frame might give a better analysis.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.

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

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 86.81 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.