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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 2024-02-02 View latest technical analysis

10 day averaged volume of is 4438980

Date Daily Closing Price Open High Low Volume
02 Fri Feb 2024 42.15 41.93 42.39 41.29 0.453 times
01 Thu Feb 2024 42.06 41.67 42.41 41.57 0.55 times
31 Wed Jan 2024 41.31 42.27 42.27 41.27 0.676 times
30 Tue Jan 2024 42.23 42.00 42.26 41.76 0.717 times
29 Mon Jan 2024 42.00 40.86 42.02 40.81 1.22 times
26 Fri Jan 2024 40.55 40.24 40.74 40.13 0.841 times
25 Thu Jan 2024 40.30 40.75 40.82 40.22 0.616 times
24 Wed Jan 2024 40.39 42.09 42.14 40.16 1.954 times
23 Tue Jan 2024 41.75 42.22 42.30 41.46 2.374 times
22 Mon Jan 2024 41.80 41.30 41.82 41.17 0.455 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.8, but if it comes below 41.8, then a intra day sell could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 41.13 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 42.6 as target.

Share price targets for (CNM)

Target Type Value
Downside Target 27.98
Downside Target 29.60
Downside Target 32.75
Downside Target 34.89
Downside Target 38.51
Downside Target 40.13
Downside Target 41.34
Downside Target 41.52
Upside Target 42.30
Upside Target 42.41

Intraday share price targets for (CNM)

Target Type Value
Downside Intraday Target 41.17
Downside Intraday Target 40.19
Upside Intraday Target 42.77
Upside Intraday Target 43.39
Downside Intraday Target 41.79

Weekly technical analysis of (CNM)

Date Weekly Closing Price Open High Low Volume
02 Fri Feb 2024 42.15 40.86 42.41 40.81 0.58 times
26 Fri Jan 2024 40.55 41.30 42.30 40.13 2.584 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

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 (CNM)

Date Monthly Closing Price Open High Low Volume
02 Fri Feb 2024 42.15 41.67 42.41 41.29 0.05 times
31 Wed Jan 2024 41.31 40.15 42.30 38.51 1.354 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

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 (CNM)

Price action analysis of ( (CNM) ) 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 ( (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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 41.36 and (CNM) 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 (CNM) stock. Volume based technical analysis of (CNM) stock is negative.

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.

Price action analysis of ( (CNM) ) 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 ( (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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 41.36 and (CNM) 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 (CNM) stock. Volume based technical analysis of (CNM) stock is negative.

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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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