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

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

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Sel Manuf is 1872

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	84.08	83.51	85.44	83.07	2.309 times
28 Wed Feb 2024	84.76	85.35	86.37	84.76	0.892 times
27 Tue Feb 2024	86.48	84.98	87.44	84.98	1.464 times
26 Mon Feb 2024	85.74	87.50	88.40	84.98	1.673 times
23 Fri Feb 2024	86.70	88.41	88.41	86.24	0.802 times
22 Thu Feb 2024	87.99	87.96	88.29	85.06	0.21 times
21 Wed Feb 2024	86.69	88.79	88.79	86.31	0.431 times
20 Tue Feb 2024	88.00	86.18	89.50	86.18	0.416 times
19 Mon Feb 2024	87.91	88.00	88.00	85.60	1.079 times
16 Fri Feb 2024	87.30	84.99	87.39	83.97	2.724 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.3, but if it comes above 85.3, then a intra day buy could be more profitable.
If you take a sell trade below 85.3, then use 85.3 as stoploss and 82.8 as target. However if you take a buy trade in stock , then use 85.3 as stoploss and 87.32 as target.

Share price targets for Sel Manuf (SelManuf)

Target Type	Value
Downside Target	72.60
Downside Target	81.20
Upside Target	85.06
Upside Target	90.04
Upside Target	93.77
Upside Target	94.71
Upside Target	97.38
Upside Target	98.45
Upside Target	103.50
Upside Target	122.85

Intraday share price targets for Sel Manuf (SelManuf)

Target Type	Value
Downside Intraday Target	81.97
Downside Intraday Target	79.85
Upside Intraday Target	87.3
Upside Intraday Target	90.51
Upside Intraday Target	85.18

Weekly technical analysis of Sel Manuf (SelManuf)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	84.08	87.50	88.40	83.07	2.157 times
23 Fri Feb 2024	86.70	88.00	89.50	85.06	0.607 times
16 Fri Feb 2024	87.30	86.74	90.04	82.40	0.843 times
09 Fri Feb 2024	88.50	93.77	93.77	87.95	0.385 times
02 Fri Feb 2024	92.00	87.88	94.71	86.13	1.974 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 Manuf (SelManuf)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	84.08	94.59	94.71	82.40	0.426 times
31 Wed Jan 2024	92.86	81.23	97.38	81.20	1.007 times
29 Fri Dec 2023	79.64	88.90	88.90	72.60	2.422 times
30 Thu Nov 2023	87.35	101.80	103.50	87.35	0.513 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 Manuf (SelManuf)

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

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

Sel Manuf 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.2 and Sel Manuf (SelManuf) 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 Sel Manuf (SelManuf) stock. Volume based technical analysis of Sel Manuf (SelManuf) stock is negative.

Sel Manuf 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.