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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 2455

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 116.00 118.00 118.00 115.10 0.631 times
29 Mon Apr 2024 118.00 118.00 120.90 114.70 0.642 times
26 Fri Apr 2024 117.55 115.35 120.00 113.00 1.67 times
25 Thu Apr 2024 115.35 116.00 121.00 112.25 1.676 times
24 Wed Apr 2024 114.90 114.25 115.55 112.00 0.93 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 117 as stoploss in an intra day sell trade for a target of 113.95. However, stock will show a bullish move above 117.

Share price targets for Chenferro (Chenferro)

Target Type Value
Downside Target 103.00
Downside Target 105.90
Downside Target 111.70
Upside Target 120.90
Upside Target 121.00
Upside Target 124.50
Upside Target 129.50
Upside Target 136.40
Upside Target 137.45
Upside Target 139.75

Intraday share price targets for Chenferro (Chenferro)

Target Type Value
Downside Intraday Target 113.5
Downside Intraday Target 111
Upside Intraday Target 119.7
Upside Intraday Target 123.4
Upside Intraday Target 117.2

Weekly technical analysis of Chenferro (Chenferro)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 116.00 118.00 120.90 114.70 0.208 times
26 Fri Apr 2024 117.55 114.00 121.00 112.00 0.964 times
19 Fri Apr 2024 114.80 108.80 116.90 108.00 2.188 times
12 Fri Apr 2024 117.95 119.90 119.90 113.20 0.467 times
05 Fri Apr 2024 116.00 106.00 118.90 105.90 0.912 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
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
31 Wed Jan 2024 131.45 125.00 139.75 124.50 1.056 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 10, 32 Buy
MACD -1, -2Buy
Stochastics 70Buy
CCI 61Sell
RSI 44Sell
OBV 15970Sell
VWAP 115Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 BUY. Signal strength is Strong and stock is losing 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 stronger in this stock.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 115.28 and Chenferro (Chenferro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Chenferro (Chenferro) stock. Volume based technical analysis of Chenferro (Chenferro) stock is negative.

Chenferro Stock is giving positive 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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