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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)

10 day averaged volume of is 1260170

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	43.25	44.42	44.73	43.19	1.915 times
31 Thu Oct 2024	44.28	45.43	45.67	44.23	1.112 times
30 Wed Oct 2024	45.42	44.89	45.92	44.72	1.219 times
29 Tue Oct 2024	45.07	44.76	45.38	43.95	0.998 times
28 Mon Oct 2024	45.24	45.63	45.98	45.01	0.906 times
25 Fri Oct 2024	45.20	46.14	46.42	45.18	0.919 times
24 Thu Oct 2024	45.60	45.45	45.80	45.08	0.687 times
23 Wed Oct 2024	45.23	45.16	45.44	44.59	0.866 times
22 Tue Oct 2024	45.50	45.74	46.03	45.33	0.944 times
21 Mon Oct 2024	46.09	46.53	46.81	45.81	0.965 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.7, but if it comes above 43.7, then a intra day buy could be more profitable.
If you take a sell trade below 43.7, then use 43.7 as stoploss and 42.2 as target. However if you take a buy trade in stock , then use 43.7 as stoploss and 44.84 as target.

Share price targets for (CNM)

Target Type	Value
Downside Target	37.22
Downside Target	41.60
Downside Target	43.19
Upside Target	44.35
Upside Target	45.98
Upside Target	46.81
Upside Target	47.01
Upside Target	47.69
Upside Target	48.97
Upside Target	54.41
Upside Target	54.68

Intraday share price targets for (CNM)

Target Type	Value
Downside Intraday Target	42.3
Downside Intraday Target	41.35
Upside Intraday Target	45.09
Upside Intraday Target	46.93
Upside Intraday Target	44.14

Weekly technical analysis of (CNM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	43.25	45.63	45.98	43.19	1.404 times
25 Fri Oct 2024	45.20	46.53	46.81	44.59	0.702 times
18 Fri Oct 2024	46.72	44.92	47.01	44.35	0.754 times
11 Fri Oct 2024	44.05	42.45	44.53	41.90	0.744 times
04 Fri Oct 2024	43.03	45.48	45.71	41.60	1.31 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 (CNM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	43.25	44.42	44.73	43.19	0.06 times
31 Thu Oct 2024	44.28	44.41	47.01	41.60	0.467 times
30 Mon Sep 2024	44.40	47.99	48.97	37.22	1.675 times
30 Fri Aug 2024	48.03	53.40	54.41	45.22	1.344 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 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 ( (CNM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of ( (CNM) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 negative zone. This is the SELL 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 44.9 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.