(CAN) complete technical analysis [charts+indicators] | Buy/Sell | (CAN) share price targets
Complete technical analysis of (CAN) by charts plus indicators, forecast predictions and share price targets for (CAN)
Showing technical analysis as on 2024-05-09 View latest technical analysis
10 day averaged volume of is 9523030
Date | Daily Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 0.92 | 0.88 | 0.94 | 0.87 | 0.54 times |
08 Wed May 2024 | 0.88 | 0.84 | 0.90 | 0.81 | 0.769 times |
07 Tue May 2024 | 0.85 | 0.88 | 0.90 | 0.84 | 0.896 times |
06 Mon May 2024 | 0.88 | 0.89 | 0.97 | 0.88 | 1.37 times |
03 Fri May 2024 | 0.88 | 0.94 | 0.96 | 0.87 | 0.942 times |
02 Thu May 2024 | 0.92 | 0.90 | 0.92 | 0.84 | 0.638 times |
01 Wed May 2024 | 0.87 | 0.86 | 0.91 | 0.84 | 0.546 times |
30 Tue Apr 2024 | 0.88 | 0.94 | 0.99 | 0.87 | 1.121 times |
29 Mon Apr 2024 | 0.95 | 0.91 | 1.05 | 0.90 | 1.552 times |
26 Fri Apr 2024 | 0.91 | 0.93 | 0.94 | 0.88 | 0.981 times |
My analysis of stock is bearish for shortterm, and stock might move down till 0.8 or till 0.7. Use a stoploss of 0.95 and if the stock hits stoploss, then it can shoot up till 1.06
Share price targets for (CAN)
Target Type | Value |
Downside Target | 0.75 |
Downside Target | 0.77 |
Downside Target | 0.81 |
Downside Target | 0.84 |
Upside Target | 0.97 |
Upside Target | 1.05 |
Upside Target | 1.10 |
Upside Target | 1.19 |
Upside Target | 1.40 |
Upside Target | 1.42 |
Upside Target | 1.52 |
Upside Target | 1.72 |
Upside Target | 2.54 |
Upside Target | 2.63 |
Intraday share price targets for (CAN)
Target Type | Value |
Downside Intraday Target | 0.83 |
Downside Intraday Target | 0.74 |
Upside Intraday Target | 0.99 |
Upside Intraday Target | 1.06 |
Downside Intraday Target | 0.9 |
Weekly technical analysis of (CAN)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 0.92 | 0.89 | 0.97 | 0.81 | 0.745 times |
03 Fri May 2024 | 0.88 | 0.91 | 1.05 | 0.84 | 0.555 times |
26 Fri Apr 2024 | 0.91 | 0.81 | 1.10 | 0.77 | 1.303 times |
19 Fri Apr 2024 | 0.75 | 1.21 | 1.21 | 0.75 | 2.323 times |
12 Fri Apr 2024 | 1.20 | 1.33 | 1.40 | 1.20 | 0.904 times |
Price has moved up 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 (CAN)
Date | Monthly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 0.92 | 0.86 | 0.97 | 0.81 | 0.238 times |
30 Tue Apr 2024 | 0.88 | 1.49 | 1.52 | 0.75 | 0.751 times |
28 Thu Mar 2024 | 1.52 | 1.60 | 1.72 | 1.21 | 0.584 times |
29 Thu Feb 2024 | 1.57 | 1.46 | 2.54 | 1.19 | 1.244 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 (CAN)
Price action analysis of ( (CAN) ) 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 ( (CAN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (CAN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (CAN) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for 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.
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 moving up
CCI has generated a buy signal for in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.9 and (CAN) 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 (CAN) stock. Volume based technical analysis of (CAN) stock is negative.
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 ( (CAN) ) 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 ( (CAN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (CAN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (CAN) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for 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.
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 moving up
CCI has generated a buy signal for in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.9 and (CAN) 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 (CAN) stock. Volume based technical analysis of (CAN) stock is negative.
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.