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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 2024-07-31 View latest technical analysis

10 day averaged volume of is 1771629

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	53.47	54.41	54.68	53.12	1.447 times
30 Tue Jul 2024	52.97	53.64	54.44	52.56	0.59 times
29 Mon Jul 2024	53.49	54.09	54.54	53.19	0.824 times
26 Fri Jul 2024	53.53	51.93	53.63	51.54	0.903 times
25 Thu Jul 2024	50.72	50.89	51.87	49.77	0.944 times
24 Wed Jul 2024	50.78	52.65	53.11	50.56	0.722 times
23 Tue Jul 2024	53.30	52.32	53.81	52.12	1.017 times
22 Mon Jul 2024	52.11	52.04	52.69	50.40	1.495 times
19 Fri Jul 2024	51.47	51.71	52.19	51.27	1.266 times
18 Thu Jul 2024	51.67	51.40	53.32	51.40	1.129 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.1, but if it comes below 53.1, then a intra day sell could be more profitable.
If you take a sell trade below 53.1, then use 53.1 as stoploss and 51.4 as target. However if you take a buy trade in stock , then use 53.1 as stoploss and 55.1 as target.

Share price targets for (CNM)

Target Type	Value
Downside Target	45.51
Downside Target	47.69
Downside Target	51.06
Upside Target	54.52
Upside Target	54.68
Upside Target	56.00
Upside Target	58.26
Upside Target	58.29
Upside Target	60.83
Upside Target	62.15

Intraday share price targets for (CNM)

Target Type	Value
Downside Intraday Target	52.46
Downside Intraday Target	51.45
Upside Intraday Target	54.58
Upside Intraday Target	55.69
Upside Intraday Target	53.57

Weekly technical analysis of (CNM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	53.47	54.09	54.68	52.56	0.563 times
26 Fri Jul 2024	53.53	52.04	53.81	49.77	0.902 times
19 Fri Jul 2024	51.47	51.43	54.52	51.06	1.458 times
12 Fri Jul 2024	51.22	48.78	51.60	48.42	2.71 times
05 Fri Jul 2024	48.35	48.35	49.29	47.75	0.558 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
31 Wed Jul 2024	53.47	49.36	54.68	47.69	0.563 times
28 Fri Jun 2024	48.94	57.92	58.29	45.51	2.109 times
31 Fri May 2024	57.56	56.47	62.15	56.00	0.847 times
30 Tue Apr 2024	56.47	57.31	60.83	53.32	0.628 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for in short term and the buy signal is strong.

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 red color and prices are in or above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 52.35 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.