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(CNM) complete technical analysis [charts+indicators] | Buy/Sell | (CNM) share price targets

Complete technical analysis of (CNM) by charts plus indicators, forecast predictions and share price targets for (CNM)

Showing technical analysis as on 2024-01-24 View latest technical analysis

10 day averaged volume of is 4028360

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	40.39	42.09	42.14	40.16	2.153 times
23 Tue Jan 2024	41.75	42.22	42.30	41.46	2.616 times
22 Mon Jan 2024	41.80	41.30	41.82	41.17	0.501 times
19 Fri Jan 2024	41.04	40.94	41.06	40.34	0.659 times
18 Thu Jan 2024	40.89	40.87	41.25	40.56	0.614 times
17 Wed Jan 2024	40.43	40.94	41.34	40.28	0.618 times
16 Tue Jan 2024	41.22	41.03	41.29	40.79	0.77 times
12 Fri Jan 2024	41.00	41.13	41.52	40.66	0.708 times
12 Fri Jan 2024	41.00	41.13	41.52	40.66	0.708 times
11 Thu Jan 2024	40.92	40.81	41.15	40.24	0.791 times

Stock of (CNM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 39.8 or till 38.9. Use a stoploss of 40.53 and if the stock hits stoploss, then it can shoot up till 41.27

Share price targets for (CNM)

Target Type	Value
Downside Target	27.75
Downside Target	29.60
Downside Target	32.75
Downside Target	34.89
Downside Target	38.51
Downside Target	40.16
Upside Target	40.66
Upside Target	40.70
Upside Target	41.34
Upside Target	41.52
Upside Target	42.30

Intraday share price targets for (CNM)

Target Type	Value
Downside Intraday Target	39.6
Downside Intraday Target	38.81
Upside Intraday Target	41.74
Upside Intraday Target	43.09
Upside Intraday Target	40.95

Weekly technical analysis of (CNM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	40.39	41.30	42.30	40.16	1.98 times
19 Fri Jan 2024	41.04	41.03	41.34	40.28	3.756 times
12 Fri Jan 2024	41.00	41.13	41.52	40.66	0.109 times
12 Fri Jan 2024	41.00	39.25	41.52	39.25	2.529 times
05 Fri Jan 2024	39.42	40.15	40.34	38.51	7.466 times

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

Monthly technical analysis of (CNM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	40.39	40.15	42.30	38.51	1.08 times
29 Fri Dec 2023	40.41	35.12	40.70	34.89	0.839 times
30 Thu Nov 2023	35.03	30.20	35.19	29.60	2.026 times
31 Tue Oct 2023	30.08	28.80	32.75	27.98	0.723 times

Scroll below to view daily charts

Price has moved down 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 (CNM)

Price action analysis of ( (CNM) ) 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 ( (CNM) ) 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 ( (CNM) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 SELL signal for in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.08 and (CNM) 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 (CNM) stock. Volume based technical analysis of (CNM) stock is negative.

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.