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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 2024-04-30 View latest technical analysis

10 day averaged volume of is 1346310

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	56.47	57.27	57.55	56.46	1.068 times
29 Mon Apr 2024	57.40	57.51	57.83	56.92	0.72 times
26 Fri Apr 2024	57.32	56.96	57.56	56.76	0.741 times
25 Thu Apr 2024	56.75	55.57	57.02	54.78	0.988 times
24 Wed Apr 2024	56.16	56.46	57.46	55.46	0.851 times
23 Tue Apr 2024	55.97	55.20	55.99	54.66	0.809 times
22 Mon Apr 2024	54.61	54.68	54.92	53.32	1.239 times
19 Fri Apr 2024	54.17	54.70	55.10	53.54	1.112 times
18 Thu Apr 2024	54.59	55.08	55.66	54.30	0.982 times
17 Wed Apr 2024	54.77	55.64	55.94	54.22	1.141 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.1 or till 53.3. Use a stoploss of 56.62 and if the stock hits stoploss, then it can shoot up till 58.14

Share price targets for (CNM)

Target Type	Value
Downside Target	34.89
Downside Target	38.51
Downside Target	40.70
Downside Target	42.30
Downside Target	47.79
Downside Target	53.32
Downside Target	56.13
Upside Target	57.56
Upside Target	57.83
Upside Target	58.26
Upside Target	59.61
Upside Target	60.83

Intraday share price targets for (CNM)

Target Type	Value
Downside Intraday Target	56.01
Downside Intraday Target	55.55
Upside Intraday Target	57.38
Upside Intraday Target	58.29
Upside Intraday Target	56.92

Weekly technical analysis of (CNM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	56.47	57.51	57.83	56.46	0.386 times
26 Fri Apr 2024	57.32	54.68	57.56	53.32	0.791 times
19 Fri Apr 2024	54.17	57.21	57.36	53.54	0.909 times
12 Fri Apr 2024	56.34	59.25	59.61	56.13	0.691 times
05 Fri Apr 2024	59.25	57.31	60.83	56.50	1.162 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
30 Tue Apr 2024	56.47	57.31	60.83	53.32	0.628 times
28 Thu Mar 2024	57.25	47.79	58.26	47.79	1.309 times
29 Thu Feb 2024	47.73	41.67	48.00	41.11	0.514 times
31 Wed Jan 2024	41.31	40.15	42.30	38.51	1.354 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 in or below the green cloud Prices appear to be coming down

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

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 55.67 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.