(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 2024-08-08 View latest technical analysis
10 day averaged volume of is 2027576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 49.08 | 47.57 | 49.28 | 46.41 | 0.845 times |
| 07 Wed Aug 2024 | 47.11 | 48.24 | 48.51 | 46.94 | 1.357 times |
| 06 Tue Aug 2024 | 47.53 | 47.67 | 48.35 | 46.44 | 1.23 times |
| 05 Mon Aug 2024 | 47.84 | 46.08 | 48.82 | 45.22 | 1.279 times |
| 02 Fri Aug 2024 | 48.86 | 49.03 | 49.17 | 47.37 | 1.121 times |
| 01 Thu Aug 2024 | 50.87 | 53.40 | 54.15 | 50.09 | 0.9 times |
| 31 Wed Jul 2024 | 53.47 | 54.41 | 54.68 | 53.12 | 1.264 times |
| 30 Tue Jul 2024 | 52.97 | 53.64 | 54.44 | 52.56 | 0.516 times |
| 29 Mon Jul 2024 | 53.49 | 54.09 | 54.54 | 53.19 | 0.72 times |
| 26 Fri Jul 2024 | 53.53 | 51.93 | 53.63 | 51.54 | 0.789 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.1, but if it comes above 49.1, then a intra day buy could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 46.6 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 51.14 as target.
Share price targets for (CNM)
| Target Type | Value |
| Downside Target | 45.22 |
| Downside Target | 47.37 |
| Upside Target | 51.06 |
| Upside Target | 53.32 |
| Upside Target | 54.15 |
| Upside Target | 54.52 |
| Upside Target | 54.68 |
| Upside Target | 56.00 |
| Upside Target | 58.29 |
| Upside Target | 60.83 |
| Upside Target | 62.15 |
Intraday share price targets for (CNM)
| Target Type | Value |
| Downside Intraday Target | 46.44 |
| Downside Intraday Target | 43.8 |
| Upside Intraday Target | 50.5 |
| Upside Intraday Target | 51.92 |
| Downside Intraday Target | 47.86 |
Weekly technical analysis of (CNM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 49.08 | 46.08 | 49.28 | 45.22 | 1.042 times |
| 02 Fri Aug 2024 | 48.86 | 54.09 | 54.68 | 47.37 | 1.018 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 |
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 |
| 08 Thu Aug 2024 | 49.08 | 53.40 | 54.15 | 45.22 | 0.36 times |
| 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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 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 losing 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 weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 50.02 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.
Price action analysis of ( (CNM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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 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 losing 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 weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 50.02 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.