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(CniRes) Cni Res complete technical analysis [charts+indicators] | Buy/Sell Cni Res | (CniRes) share price targets

Complete technical analysis of Cni Res (CniRes) by charts plus indicators, forecast predictions and share price targets for Cni Res (CniRes)

10 day averaged volume of Cni Res is 298545

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 5.08 5.08 5.08 5.08 0.293 times
29 Mon Apr 2024 4.99 4.99 4.99 4.99 1.298 times
26 Fri Apr 2024 4.90 4.90 4.90 4.90 0.525 times
25 Thu Apr 2024 4.81 4.72 4.81 4.72 1.283 times
24 Wed Apr 2024 4.81 4.81 4.81 4.81 0.879 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.9, but if it comes below 4.9, then a intra day sell could be more profitable.
If you take a sell trade below 4.9, then use 4.9 as stoploss and 4.62 as target. However if you take a buy trade in stock , then use 4.9 as stoploss and 5.3 as target.

Share price targets for Cni Res (CniRes)

Target Type Value
Downside Target 2.05
Downside Target 2.14
Downside Target 2.75
Downside Target 2.87
Downside Target 3.11
Downside Target 3.88
Downside Target 4.01
Downside Target 4.26
Downside Target 4.59
Downside Target 4.84
Downside Target 4.86
Downside Target 4.99
Downside Target 5.04
Downside Target 5.08

Intraday share price targets for Cni Res (CniRes)

Target Type Value
Downside Intraday Target 5.02
Downside Intraday Target 4.96
Upside Intraday Target 5.11
Upside Intraday Target 5.14
Downside Intraday Target 5.05

Weekly technical analysis of Cni Res (CniRes)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 5.08 4.99 5.08 4.99 0.249 times
26 Fri Apr 2024 4.90 4.95 5.04 4.72 1.906 times
19 Fri Apr 2024 4.86 4.77 4.86 4.59 1.104 times
12 Fri Apr 2024 4.68 4.42 4.68 4.26 1.459 times
05 Fri Apr 2024 4.34 3.88 4.34 3.88 2.157 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 Cni Res (CniRes)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 5.08 3.88 5.08 3.88 1.762 times
28 Thu Mar 2024 3.95 3.20 4.01 2.87 1.324 times
29 Thu Feb 2024 3.14 4.13 4.33 3.11 0.139 times
31 Wed Jan 2024 3.94 2.14 4.84 2.14 6.715 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Cni Res (CniRes)

Indicator Name Indicator Value Indicator Signal
ADX 36, 36, 0 Sell
MACD 1, 1Buy
Stochastics 86Buy
CCI 143Buy
RSI 57Buy
OBV 2029842Sell
VWAP 5Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Cni Res ( (CniRes) ) based on a short term time period is

Price action analysis of Cni Res ( (CniRes) ) 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 Cni Res ( (CniRes) ) 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 Cni Res ( (CniRes) ) 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 Cni Res stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Cni Res 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.

Cni Res Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Cni Res 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 negative zone. This is the SELL zone

Stock of Cni Res is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.88 and Cni Res (CniRes) 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 Cni Res (CniRes) stock. Volume based technical analysis of Cni Res (CniRes) stock is negative.

Cni Res 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.

Click here for Cni Res charts

Click here for further forecast and predictions for tomorrow

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