Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 24900

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	90.00	91.65	91.65	88.25	1.988 times
23 Tue Apr 2024	87.30	84.00	87.30	82.50	1.988 times
22 Mon Apr 2024	83.15	82.95	83.35	82.10	0.843 times
19 Fri Apr 2024	82.90	83.60	83.95	82.70	0.663 times
18 Thu Apr 2024	84.90	85.25	86.00	83.80	0.602 times
16 Tue Apr 2024	85.00	82.00	85.00	81.50	1.265 times
15 Mon Apr 2024	81.85	81.80	82.80	81.00	0.542 times
12 Fri Apr 2024	83.05	85.00	85.00	82.30	1.024 times
10 Wed Apr 2024	84.25	81.40	85.35	81.40	1.627 times
09 Tue Apr 2024	83.95	85.00	85.00	82.50	0.422 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 88, but if it comes below 88, then a intra day sell could be more profitable.
If you take a sell trade below 88, then use 88 as stoploss and 84.98 as target. However if you take a buy trade in stock , then use 88 as stoploss and 91.7 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	78.40
Downside Target	81.00
Downside Target	86.00
Upside Target	91.20
Upside Target	91.65
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	84.18
Downside Intraday Target	78.37
Upside Intraday Target	93.73
Upside Intraday Target	97.47
Downside Intraday Target	87.92

Weekly technical analysis of Chaman Metallics (CMNL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	90.00	82.95	91.65	82.10	1.569 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
24 Wed Apr 2024	90.00	83.95	91.65	81.00	0.595 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 85.56 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 negative.

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