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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 290541

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 5.48 5.38 5.48 5.38 0.911 times
06 Mon May 2024 5.38 5.38 5.38 5.38 0.845 times
03 Fri May 2024 5.28 5.08 5.28 5.08 1.638 times
02 Thu May 2024 5.18 5.18 5.18 5.18 0.322 times
30 Tue Apr 2024 5.08 5.08 5.08 5.08 0.301 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.5, for a target of 5.2 or 4.86

Share price targets for Cni Res (CniRes)

Target Type Value
Downside Target 2.14
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 4.99
Downside Target 5.08
Downside Target 5.28
Downside Target 5.38
Downside Target 5.48

Intraday share price targets for Cni Res (CniRes)

Target Type Value
Downside Intraday Target 5.41
Downside Intraday Target 5.35
Upside Intraday Target 5.51
Upside Intraday Target 5.55
Downside Intraday Target 5.45

Weekly technical analysis of Cni Res (CniRes)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 5.48 5.38 5.48 5.38 0.488 times
03 Fri May 2024 5.28 4.99 5.28 4.99 0.548 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

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
07 Tue May 2024 5.48 5.18 5.48 5.08 0.22 times
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

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 Cni Res (CniRes)

Indicator Name Indicator Value Indicator Signal
ADX 40, 33, 9 Buy
MACD 1, 1Buy
Stochastics 100Buy
CCI 133Buy
RSI 57Buy
OBV 2719806Sell
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 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 Cni Res ( (CniRes) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. 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 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 Cni Res in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 5.06 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.

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