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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 2024-08-09 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 248021

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	80.05	83.02	89.21	72.99	6.445 times
08 Thu Aug 2024	81.10	75.00	81.10	75.00	1.634 times
07 Wed Aug 2024	67.59	64.69	67.59	60.61	2.552 times
06 Tue Aug 2024	56.33	51.05	56.34	46.09	3.843 times
05 Mon Aug 2024	51.22	56.92	57.89	51.22	0.384 times
02 Fri Aug 2024	56.92	57.00	57.64	56.21	0.266 times
01 Thu Aug 2024	56.51	58.86	59.34	51.93	0.637 times
31 Wed Jul 2024	57.71	60.80	60.80	57.15	0.351 times
30 Tue Jul 2024	57.63	59.99	59.99	57.45	0.158 times
29 Mon Jul 2024	58.95	58.60	59.89	58.15	0.104 times

Stock of Sel Manufacturing (SELMC) has showed a significant fall. This could be a good time to exit from this stock.

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 76.4, for a target of 67.8 or 60.54

Share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Target	46.09
Downside Target	51.93
Downside Target	57.15
Downside Target	63.37
Downside Target	64.50
Downside Target	68.65
Downside Target	69.30
Downside Target	78.35
Upside Target	87.00
Upside Target	89.21

Intraday share price targets for Sel Manufacturing (SELMC)

Target Type	Value
Downside Intraday Target	54.36
Downside Intraday Target	28.66
Upside Intraday Target	97.48
Upside Intraday Target	114.9
Downside Intraday Target	71.78

Weekly technical analysis of Sel Manufacturing (SELMC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	80.05	56.92	89.21	46.09	9.798 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 up 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
09 Fri Aug 2024	80.05	58.86	89.21	46.09	7.895 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 up 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 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 Sel Manufacturing ( (SELMC) ) based on a short to mid 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 Sel Manufacturing ( (SELMC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sel Manufacturing stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sel Manufacturing in short term and the buy signal is strong.

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

Sel Manufacturing 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 coming down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.85 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 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.