(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 2024-08-29 View latest technical analysis
10 day averaged volume of is 1698103
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Aug 2024 | 48.28 | 49.78 | 49.94 | 48.21 | 3.584 times |
28 Wed Aug 2024 | 49.57 | 50.52 | 50.64 | 49.35 | 1.952 times |
27 Tue Aug 2024 | 50.71 | 53.22 | 53.64 | 50.51 | 1.605 times |
26 Mon Aug 2024 | 53.71 | 53.12 | 54.41 | 53.12 | 1.356 times |
23 Fri Aug 2024 | 52.87 | 51.59 | 53.04 | 51.44 | 0.62 times |
22 Thu Aug 2024 | 51.26 | 51.57 | 51.89 | 50.99 | 0.604 times |
21 Wed Aug 2024 | 51.50 | 50.60 | 51.54 | 50.50 | 0.807 times |
20 Tue Aug 2024 | 50.55 | 50.93 | 51.35 | 50.14 | 0.896 times |
19 Mon Aug 2024 | 50.90 | 51.15 | 51.78 | 50.78 | 0.699 times |
16 Fri Aug 2024 | 51.03 | 51.21 | 51.71 | 50.78 | 0.563 times |
Stock of (CNM) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.3, but if it comes above 48.3, then a intra day buy could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 50.03 as target.
Share price targets for (CNM)
Target Type | Value |
Downside Target | 45.22 |
Downside Target | 47.37 |
Upside Target | 50.13 |
Upside Target | 51.81 |
Upside Target | 53.04 |
Upside Target | 54.41 |
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 | 46.19 |
Downside Intraday Target | 44.1 |
Upside Intraday Target | 52.39 |
Upside Intraday Target | 56.5 |
Upside Intraday Target | 50.3 |
Weekly technical analysis of (CNM)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Aug 2024 | 48.28 | 53.12 | 54.41 | 48.21 | 2.344 times |
23 Fri Aug 2024 | 52.87 | 51.15 | 53.04 | 50.14 | 0.763 times |
16 Fri Aug 2024 | 51.03 | 48.78 | 51.81 | 47.61 | 0.739 times |
09 Fri Aug 2024 | 49.27 | 46.08 | 50.13 | 45.22 | 1.192 times |
02 Fri Aug 2024 | 48.86 | 54.09 | 54.68 | 47.37 | 1.018 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of (CNM)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Thu Aug 2024 | 48.28 | 53.40 | 54.41 | 45.22 | 1.151 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal in short term but buying is losing 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 50.36 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.
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal in short term but buying is losing 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 50.36 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.