(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 2024-05-23 View latest technical analysis
10 day averaged volume of Chenferro is 4815
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 123.15 | 127.00 | 127.00 | 122.10 | 0.292 times |
| 22 Wed May 2024 | 124.00 | 122.45 | 124.95 | 122.00 | 0.524 times |
| 21 Tue May 2024 | 122.45 | 127.00 | 127.00 | 122.15 | 1.226 times |
| 18 Sat May 2024 | 126.80 | 130.30 | 130.30 | 125.00 | 0.444 times |
| 17 Fri May 2024 | 130.30 | 134.00 | 134.00 | 126.50 | 3.563 times |
| 16 Thu May 2024 | 138.25 | 135.00 | 139.35 | 134.60 | 0.863 times |
| 15 Wed May 2024 | 134.55 | 128.75 | 138.95 | 128.75 | 1.078 times |
| 14 Tue May 2024 | 128.75 | 128.00 | 132.90 | 127.60 | 0.314 times |
| 13 Mon May 2024 | 128.70 | 129.50 | 129.50 | 126.00 | 0.366 times |
| 10 Fri May 2024 | 128.85 | 130.80 | 130.80 | 126.80 | 0.484 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 119.9 as stoploss in an intra day buy trade for a target of 127.28. However, stock will show a bearish move below 119.9.
Share price targets for Chenferro (Chenferro)
| Target Type | Value |
| Downside Target | 103.00 |
| Downside Target | 105.90 |
| Downside Target | 111.70 |
| Downside Target | 121.00 |
| Upside Target | 124.50 |
| Upside Target | 129.50 |
| Upside Target | 131.90 |
| Upside Target | 136.40 |
| Upside Target | 139.35 |
| Upside Target | 139.75 |
| Upside Target | 148.00 |
Intraday share price targets for Chenferro (Chenferro)
| Target Type | Value |
| Downside Intraday Target | 121.1 |
| Downside Intraday Target | 119.05 |
| Upside Intraday Target | 126.1 |
| Upside Intraday Target | 129.05 |
| Upside Intraday Target | 124.05 |
Weekly technical analysis of Chenferro (Chenferro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 123.15 | 127.00 | 127.00 | 122.00 | 0.308 times |
| 18 Sat May 2024 | 126.80 | 129.50 | 139.35 | 125.00 | 0.354 times |
| 10 Fri May 2024 | 128.85 | 131.00 | 148.00 | 126.20 | 2.691 times |
| 03 Fri May 2024 | 128.10 | 118.00 | 131.90 | 114.15 | 2.223 times |
| 26 Fri Apr 2024 | 117.55 | 114.00 | 121.00 | 112.00 | 0.964 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 |
| 23 Thu May 2024 | 123.15 | 116.00 | 148.00 | 114.15 | 2.885 times |
| 30 Tue Apr 2024 | 116.00 | 106.00 | 121.00 | 105.90 | 0.709 times |
| 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Chenferro (Chenferro)
Price action analysis of Chenferro ( (Chenferro) ) 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 Chenferro ( (Chenferro) ) 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 Chenferro ( (Chenferro) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chenferro in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Chenferro in short term but BUY signal is weak.
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
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 129.55 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 positive
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 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 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 Chenferro ( (Chenferro) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Chenferro in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Chenferro in short term but BUY signal is weak.
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
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 129.55 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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