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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 2024-08-30 View latest technical analysis

10 day averaged volume of is 2425053

Date Daily Closing Price Open High Low Volume
30 Fri Aug 2024 48.03 48.72 48.98 47.76 1.511 times
30 Fri Aug 2024 48.03 48.72 48.98 47.77 1.511 times
29 Thu Aug 2024 48.28 49.78 49.94 48.21 2.51 times
28 Wed Aug 2024 49.57 50.52 50.64 49.35 1.367 times
27 Tue Aug 2024 50.71 53.22 53.64 50.51 1.124 times
26 Mon Aug 2024 53.71 53.12 54.41 53.12 0.95 times
23 Fri Aug 2024 52.87 51.59 53.04 51.44 0.434 times
22 Thu Aug 2024 51.26 51.57 51.89 50.99 0.423 times
21 Wed Aug 2024 51.50 50.60 51.54 50.50 0.565 times
20 Tue Aug 2024 50.55 50.93 51.35 50.14 0.627 times

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 46.2 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 50 as target.

Share price targets for (CNM)

Target Type Value
Downside Target 45.22
Downside Target 47.61
Upside Target 48.98
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 47.53
Downside Intraday Target 47.04
Upside Intraday Target 48.75
Upside Intraday Target 49.48
Upside Intraday Target 48.26

Weekly technical analysis of (CNM)

Date Weekly Closing Price Open High Low Volume
30 Fri Aug 2024 48.03 48.72 48.98 47.76 0.203 times
30 Fri Aug 2024 48.03 53.12 54.41 47.77 2.939 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

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 Fri Aug 2024 48.03 53.40 54.41 45.22 1.344 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 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 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 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 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 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 49.68 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 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 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 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 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 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 49.68 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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