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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 12621

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 137.00 143.00 144.95 133.00 0.623 times
07 Tue May 2024 141.40 137.95 148.00 135.10 3.688 times
06 Mon May 2024 134.05 131.00 139.90 131.00 2.206 times
03 Fri May 2024 128.10 124.00 131.90 123.00 1.568 times
02 Thu May 2024 121.45 116.00 124.95 114.15 0.837 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 138, for a target of 127.9 or 119.45

Share price targets for Chenferro (Chenferro)

Target Type Value
Downside Target 103.00
Downside Target 105.90
Downside Target 111.70
Downside Target 116.90
Downside Target 119.90
Downside Target 124.50
Downside Target 129.50
Downside Target 131.00
Downside Target 131.90
Downside Target 136.40
Upside Target 139.75
Upside Target 148.00

Intraday share price targets for Chenferro (Chenferro)

Target Type Value
Downside Intraday Target 129.33
Downside Intraday Target 121.67
Upside Intraday Target 146.33
Upside Intraday Target 155.67
Upside Intraday Target 138.67

Weekly technical analysis of Chenferro (Chenferro)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 137.00 131.00 148.00 131.00 2.457 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
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chenferro (Chenferro)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 137.00 116.00 148.00 114.15 2.003 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 37, 7, 69 Buy
MACD 7, 3Buy
Stochastics 77Buy
CCI 103Sell
RSI 59Buy
OBV 106017Sell
VWAP 133Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 but buying is losing 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 133.04 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.

Click here for Chenferro charts

Click here for further forecast and predictions for tomorrow

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