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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 2024-07-23 View latest technical analysis

10 day averaged volume of Chaman Metallics is 34500

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	67.95	69.75	69.75	66.20	1.043 times
22 Mon Jul 2024	67.00	67.55	67.70	66.20	0.913 times
19 Fri Jul 2024	67.55	68.60	68.60	66.10	1.217 times
18 Thu Jul 2024	69.95	71.80	71.80	67.50	0.783 times
16 Tue Jul 2024	70.00	70.20	71.70	70.00	0.261 times
15 Mon Jul 2024	69.15	70.00	70.95	69.00	0.522 times
12 Fri Jul 2024	70.00	72.00	72.00	70.00	0.609 times
11 Thu Jul 2024	71.10	71.70	71.70	70.65	0.522 times
10 Wed Jul 2024	71.65	72.15	74.50	70.60	1 times
09 Tue Jul 2024	72.15	74.70	76.00	71.90	1.739 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 67.6 as stoploss in an intra day buy trade for a target of 69.84. However, stock will show a bearish move below 67.6.

Share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Target	64.25
Upside Target	69.75
Upside Target	71.80
Upside Target	73.55
Upside Target	76.40
Upside Target	76.45
Upside Target	81.00
Upside Target	88.50
Upside Target	100.35
Upside Target	103.55

Intraday share price targets for Chaman Metallics (CMNL_SM)

Target Type	Value
Downside Intraday Target	66.18
Downside Intraday Target	64.42
Upside Intraday Target	69.73
Upside Intraday Target	71.52
Upside Intraday Target	67.97

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	67.95	67.55	69.75	66.20	0.703 times
19 Fri Jul 2024	67.55	70.00	71.80	66.10	0.441 times
12 Fri Jul 2024	70.00	74.05	76.45	70.00	0.475 times
05 Fri Jul 2024	72.75	70.00	76.40	64.25	3.765 times
28 Fri Jun 2024	69.90	72.90	73.55	68.25	0.871 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
23 Tue Jul 2024	67.95	70.00	76.45	64.25	1.347 times
28 Fri Jun 2024	69.90	68.10	73.55	65.00	0.481 times
31 Fri May 2024	69.00	86.55	88.50	67.05	1.483 times
30 Tue Apr 2024	91.10	83.95	100.35	81.00	1.124 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 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 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 SELL. Signal strength is Weak 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 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 below 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 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 69.72 and Chaman Metallics (CMNL_SM) 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 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.