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(SELMC) Sel Manufacturing complete technical analysis [charts+indicators] | Buy/Sell Sel Manufacturing | (SELMC) share price targets

Complete technical analysis of Sel Manufacturing (SELMC) by charts plus indicators, forecast predictions and share price targets for Sel Manufacturing (SELMC)

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 53992

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	56.33	51.05	56.34	46.09	17.654 times
05 Mon Aug 2024	51.22	56.92	57.89	51.22	1.762 times
02 Fri Aug 2024	56.92	57.00	57.64	56.21	1.223 times
01 Thu Aug 2024	56.51	58.86	59.34	51.93	2.928 times
31 Wed Jul 2024	57.71	60.80	60.80	57.15	1.613 times
30 Tue Jul 2024	57.63	59.99	59.99	57.45	0.725 times
29 Mon Jul 2024	58.95	58.60	59.89	58.15	0.476 times
26 Fri Jul 2024	58.77	58.50	60.27	58.49	0.326 times
25 Thu Jul 2024	58.71	58.99	59.59	58.21	0.372 times
24 Wed Jul 2024	59.10	59.00	60.00	58.32	0.355 times

Stock of Sel Manufacturing (SELMC) has showed a significant upmove. This could be a good time to enter in this stock!

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 56.2 as stoploss in an intra day buy trade for a target of 58.01. However, stock will show a bearish move below 56.2.

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	46.09
Downside Target	51.93
Upside Target	57.15
Upside Target	60.70
Upside Target	60.80
Upside Target	63.37
Upside Target	64.50
Upside Target	68.65
Upside Target	69.30
Upside Target	78.35
Upside Target	87.00

Intraday share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Intraday Target	48.98
Downside Intraday Target	41.64
Upside Intraday Target	60.78
Upside Intraday Target	65.24
Downside Intraday Target	53.44

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	56.33	56.92	57.89	46.09	2.788 times
02 Fri Aug 2024	56.92	58.60	60.80	51.93	4.492 times
26 Fri Jul 2024	58.77	58.01	60.27	57.51	2.403 times
19 Fri Jul 2024	58.41	58.85	59.81	57.62	0.326 times
12 Fri Jul 2024	58.85	60.00	60.70	58.20	0.907 times

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

Monthly technical analysis of Sel Manufacturing (SELMC)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	56.33	58.86	59.34	46.09	2.57 times
31 Wed Jul 2024	57.71	62.50	63.37	57.15	0.93 times
28 Fri Jun 2024	60.31	67.10	69.30	59.10	2.464 times
31 Fri May 2024	65.75	75.80	78.35	64.50	1.161 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sel Manufacturing (SELMC)

Price action analysis of Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing ( (SELMC) ) 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 Sel Manufacturing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sel Manufacturing in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sel Manufacturing 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Sel Manufacturing 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 Sel Manufacturing is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.31 and Sel Manufacturing (SELMC) 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 Sel Manufacturing (SELMC) stock. Volume based technical analysis of Sel Manufacturing (SELMC) stock is negative.

Sel Manufacturing 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.