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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 102753

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 6.50 6.50 6.50 6.50 0.074 times
17 Fri May 2024 6.38 6.38 6.38 6.38 0.226 times
16 Thu May 2024 6.26 6.26 6.26 6.26 0.656 times
15 Wed May 2024 6.14 6.14 6.14 6.14 0.503 times
14 Tue May 2024 6.02 6.02 6.02 6.02 0.666 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 6.7, for a target of 6 or 5.5

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 4.33
Downside Target 4.72
Downside Target 4.84
Downside Target 4.99
Downside Target 5.28
Downside Target 5.80
Downside Target 6.38
Downside Target 6.50

Intraday share price targets for Cni Res (CniRes)

Target Type Value
Downside Intraday Target 6.5
Downside Intraday Target 6.5
Downside Intraday Target 6.5
Downside Intraday Target 6.5
Downside Intraday Target 6.5

Weekly technical analysis of Cni Res (CniRes)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 6.50 6.50 6.50 6.50 0.023 times
17 Fri May 2024 6.38 5.91 6.38 5.91 0.347 times
10 Fri May 2024 5.80 5.38 5.80 5.38 0.9 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

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
20 Mon May 2024 6.50 5.18 6.50 5.08 0.376 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 53, 33, 23 Buy
MACD 1, 1Buy
Stochastics 100Buy
CCI 122Buy
RSI 60Buy
OBV 2409804Sell
VWAP 6Buy
ADL 0Sell
ROC 21Buy
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

Price action analysis of Cni Res ( (CniRes) ) 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 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 Strong 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.76 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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Click here for further forecast and predictions for tomorrow

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