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

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

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

Showing technical analysis as on 2024-09-16 View latest technical analysis

10 day averaged volume of Sel Manufacturing is 23676

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	62.40	62.00	63.40	61.12	0.916 times
13 Fri Sep 2024	60.39	57.00	60.39	56.51	1.142 times
12 Thu Sep 2024	57.52	57.91	58.78	56.61	0.559 times
11 Wed Sep 2024	57.92	57.60	59.50	56.50	0.816 times
10 Tue Sep 2024	58.10	59.79	59.79	57.55	0.845 times
09 Mon Sep 2024	58.29	57.98	60.00	56.00	2.26 times
06 Fri Sep 2024	58.04	60.90	61.40	58.00	1.512 times
05 Thu Sep 2024	59.53	60.84	61.93	59.01	1.17 times
04 Wed Sep 2024	59.77	61.79	61.79	59.50	0.725 times
03 Tue Sep 2024	60.70	62.82	62.82	60.00	0.436 times

My analysis of stock is bullish for shortterm, and stock might move up till 64.4 or till 67.7. Use a stoploss of 61.66 and if this stock hits its stoploss, then it can fall down till 58.89

Share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Target	56.00
Downside Target	58.00
Downside Target	60.39
Upside Target	63.40
Upside Target	65.79
Upside Target	68.40
Upside Target	69.69
Upside Target	72.50
Upside Target	81.05
Upside Target	82.70
Upside Target	87.45
Upside Target	95.50
Upside Target	97.20

Intraday share price targets for Sel Manufacturing (SELMC_BE)

Target Type	Value
Downside Intraday Target	61.21
Downside Intraday Target	60.03
Upside Intraday Target	63.49
Upside Intraday Target	64.59
Downside Intraday Target	62.31

Weekly technical analysis of Sel Manufacturing (SELMC_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	62.40	62.00	63.40	61.12	0.163 times
13 Fri Sep 2024	60.39	57.98	60.39	56.00	1.285 times
06 Fri Sep 2024	58.04	65.79	65.79	58.00	0.938 times
30 Fri Aug 2024	63.04	68.40	68.40	61.85	0.638 times
23 Fri Aug 2024	65.50	69.69	69.69	62.05	1.918 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 Sel Manufacturing (SELMC_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	62.40	65.79	65.79	56.00	0.691 times
30 Fri Aug 2024	63.04	68.45	69.69	61.19	3.066 times
23 Fri Feb 2024	85.80	94.15	95.50	82.70	0.367 times
31 Wed Jan 2024	92.45	81.05	97.20	81.05	0.781 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 Sel Manufacturing (SELMC_BE)

Price action analysis of Sel Manufacturing ( (SELMC_BE) ) based on a short 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 Sel Manufacturing ( (SELMC_BE) ) 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_BE) ) 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Sel Manufacturing 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.

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 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

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 59.11 and Sel Manufacturing (SELMC_BE) 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_BE) stock. Volume based technical analysis of Sel Manufacturing (SELMC_BE) stock is negative.

Sel Manufacturing 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.