Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 2979

Date Daily Closing Price Open High Low Volume
28 Tue Mar 2023 142.85 147.80 152.50 140.50 1.443 times
27 Mon Mar 2023 146.25 149.00 152.50 145.55 0.905 times
24 Fri Mar 2023 151.25 152.50 154.50 151.00 0.758 times
23 Thu Mar 2023 151.15 151.75 154.25 150.20 0.944 times
22 Wed Mar 2023 151.75 151.00 153.90 150.10 1.354 times
21 Tue Mar 2023 153.65 153.00 154.95 150.00 0.654 times
20 Mon Mar 2023 150.75 153.00 153.00 150.10 0.607 times
17 Fri Mar 2023 153.05 150.05 154.55 150.00 0.307 times
16 Thu Mar 2023 151.80 157.40 157.80 150.00 2.801 times
15 Wed Mar 2023 153.45 155.65 156.90 150.00 1.166 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 141.9, for a target of 149.2 or 155.35

Share price targets for Chenferro (Chenferro)

Target Type Value
Downside Target 133.95
Downside Target 140.50
Upside Target 150.00
Upside Target 159.75
Upside Target 165.00
Upside Target 167.55
Upside Target 169.00
Upside Target 178.95
Upside Target 185.00
Upside Target 186.00
Upside Target 203.00
Upside Target 234.00

Intraday share price targets for Chenferro (Chenferro)

Target Type Value
Downside Intraday Target 138.07
Downside Intraday Target 133.28
Upside Intraday Target 150.07
Upside Intraday Target 157.28
Upside Intraday Target 145.28

Weekly technical analysis of Chenferro (Chenferro)

Date Weekly Closing Price Open High Low Volume
28 Tue Mar 2023 142.85 149.00 152.50 140.50 0.544 times
24 Fri Mar 2023 151.25 153.00 154.95 150.00 0.695 times
17 Fri Mar 2023 153.05 159.75 159.75 150.00 1.053 times
10 Fri Mar 2023 156.60 163.00 167.55 155.00 0.622 times
03 Fri Mar 2023 162.45 158.00 178.95 154.95 2.378 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 Tue Mar 2023 142.85 165.00 169.00 140.50 0.572 times
28 Tue Feb 2023 167.00 193.30 203.00 141.05 0.429 times
31 Tue Jan 2023 195.65 170.00 234.00 165.00 2.139 times
30 Fri Dec 2022 166.70 172.00 185.00 133.95 0.78 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)

Indicator Name Indicator Value Indicator Signal
ADX 10, 25, 43 Sell
MACD -9, -8Sell
Stochastics 11Sell
CCI -218Sell
RSI 54Buy
OBV -24956Sell
VWAP 150Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 Strong 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 weakening, and bulls are picking up momentum!

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 150.32 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

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme