(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)
Showing technical analysis as on 2024-01-11 View latest technical analysis
10 day averaged volume of Chenferro is 7271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 130.15 | 128.00 | 132.80 | 124.65 | 0.359 times |
| 10 Wed Jan 2024 | 130.55 | 132.95 | 132.95 | 128.25 | 0.645 times |
| 09 Tue Jan 2024 | 130.70 | 132.70 | 133.50 | 130.65 | 0.317 times |
| 08 Mon Jan 2024 | 131.30 | 132.00 | 135.30 | 130.00 | 0.524 times |
| 05 Fri Jan 2024 | 131.90 | 126.05 | 134.85 | 126.05 | 0.716 times |
| 04 Thu Jan 2024 | 128.75 | 129.95 | 130.90 | 125.50 | 0.367 times |
| 03 Wed Jan 2024 | 129.00 | 128.50 | 129.45 | 125.00 | 0.643 times |
| 02 Tue Jan 2024 | 128.00 | 125.20 | 128.75 | 125.20 | 0.745 times |
| 01 Mon Jan 2024 | 127.50 | 125.00 | 129.80 | 125.00 | 0.294 times |
| 29 Fri Dec 2023 | 126.15 | 130.05 | 132.95 | 114.30 | 5.264 times |
My analysis of stock is bearish for shortterm, and stock might move down till 128.8 or till 126.2. Use a stoploss of 130.88 and if the stock hits stoploss, then it can shoot up till 132.99
Share price targets for Chenferro (Chenferro)
| Target Type | Value |
| Downside Target | 114.30 |
| Downside Target | 122.80 |
| Upside Target | 130.25 |
| Upside Target | 133.95 |
| Upside Target | 135.30 |
| Upside Target | 136.90 |
| Upside Target | 137.45 |
| Upside Target | 143.80 |
| Upside Target | 156.00 |
| Upside Target | 163.00 |
Intraday share price targets for Chenferro (Chenferro)
| Target Type | Value |
| Downside Intraday Target | 124.77 |
| Downside Intraday Target | 119.38 |
| Upside Intraday Target | 135.42 |
| Upside Intraday Target | 140.68 |
| Downside Intraday Target | 130.03 |
Weekly technical analysis of Chenferro (Chenferro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 130.15 | 132.00 | 135.30 | 124.65 | 0.667 times |
| 05 Fri Jan 2024 | 131.90 | 125.00 | 134.85 | 125.00 | 0.417 times |
| 29 Fri Dec 2023 | 126.15 | 130.00 | 133.95 | 114.30 | 3.384 times |
| 22 Fri Dec 2023 | 132.55 | 133.00 | 137.45 | 127.25 | 1.353 times |
| 15 Fri Dec 2023 | 133.75 | 132.00 | 136.90 | 130.25 | 1.342 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 |
| 11 Thu Jan 2024 | 130.15 | 125.00 | 135.30 | 124.65 | 0.395 times |
| 29 Fri Dec 2023 | 126.15 | 133.90 | 137.45 | 114.30 | 0.768 times |
| 30 Thu Nov 2023 | 131.65 | 136.25 | 163.00 | 122.80 | 1.909 times |
| 31 Tue Oct 2023 | 135.50 | 140.00 | 143.80 | 126.00 | 0.511 times |
Scroll below to view daily charts
Price has moved up 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 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 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 Chenferro ( (Chenferro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chenferro ( (Chenferro) ) 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 Chenferro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chenferro 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.
Chenferro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Chenferro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 127.88 and Chenferro (Chenferro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 Chenferro ( (Chenferro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Chenferro ( (Chenferro) ) 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 Chenferro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chenferro 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.
Chenferro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Chenferro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 127.88 and Chenferro (Chenferro) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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