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

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

10 day averaged volume of Chenferro is 5952

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 105.45 109.00 109.00 104.00 0.737 times
27 Wed Mar 2024 108.15 111.00 114.00 106.10 1.345 times
26 Tue Mar 2024 113.20 115.00 119.60 112.05 0.734 times
22 Fri Mar 2024 114.50 114.05 116.70 114.00 0.835 times
21 Thu Mar 2024 112.80 107.60 127.00 107.60 4.195 times
20 Wed Mar 2024 107.25 110.00 110.00 103.25 0.474 times
19 Tue Mar 2024 108.60 107.15 112.00 105.40 0.537 times
18 Mon Mar 2024 108.60 111.80 113.80 107.00 0.466 times
15 Fri Mar 2024 109.25 113.60 117.70 103.00 0.504 times
14 Thu Mar 2024 111.40 114.00 114.00 106.50 0.578 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 109, but if it comes above 109, then a intra day buy could be more profitable.
If you take a sell trade below 109, then use 109 as stoploss and 101.2 as target. However if you take a buy trade in stock , then use 109 as stoploss and 115.41 as target.

Share price targets for Chenferro (Chenferro)

Target Type Value
Downside Target 103.00
Upside Target 111.70
Upside Target 114.30
Upside Target 119.60
Upside Target 122.00
Upside Target 127.00
Upside Target 129.50
Upside Target 131.40
Upside Target 136.40
Upside Target 137.45
Upside Target 139.75
Upside Target 163.00

Intraday share price targets for Chenferro (Chenferro)

Target Type Value
Downside Intraday Target 99.77
Downside Intraday Target 94.08
Upside Intraday Target 115.37
Upside Intraday Target 125.28
Upside Intraday Target 109.68

Weekly technical analysis of Chenferro (Chenferro)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 105.45 115.00 119.60 104.00 0.433 times
22 Fri Mar 2024 114.50 111.80 127.00 103.25 2.961 times
15 Fri Mar 2024 109.25 118.20 122.00 103.00 1.513 times
07 Thu Mar 2024 119.85 127.00 127.00 115.50 0.556 times
02 Sat Mar 2024 127.00 131.40 131.40 117.10 1.33 times

Price has moved down 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 Chenferro (Chenferro)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 105.45 121.00 129.50 103.00 1.022 times
29 Thu Feb 2024 121.75 132.05 136.40 111.70 0.866 times
31 Wed Jan 2024 131.45 125.00 139.75 124.50 1.056 times
29 Fri Dec 2023 126.15 133.90 137.45 114.30 0.768 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 Chenferro (Chenferro)

Price action analysis of Chenferro ( (Chenferro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Chenferro ( (Chenferro) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Chenferro ( (Chenferro) ) 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 Chenferro ( (Chenferro) ) 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 Chenferro stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Chenferro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Chenferro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Chenferro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 110.94 and Chenferro (Chenferro) 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 Chenferro (Chenferro) stock. Volume based technical analysis of Chenferro (Chenferro) stock is negative.

Chenferro 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.

Price action analysis of Chenferro ( (Chenferro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Chenferro ( (Chenferro) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Chenferro ( (Chenferro) ) 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 Chenferro ( (Chenferro) ) 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 Chenferro stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Chenferro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Chenferro in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Chenferro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 110.94 and Chenferro (Chenferro) 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 Chenferro (Chenferro) stock. Volume based technical analysis of Chenferro (Chenferro) stock is negative.

Chenferro 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.

Click here for Chenferro charts

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Daily charts

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