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

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

10 day averaged volume of Cargotrans is 3600

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 64.30 64.30 64.30 64.30 0.417 times
07 Tue May 2024 67.25 67.25 67.25 67.25 0.417 times
06 Mon May 2024 67.25 67.25 67.25 67.25 0.417 times
29 Mon Apr 2024 70.00 72.00 72.00 70.00 0.833 times
26 Fri Apr 2024 72.00 73.00 73.00 71.05 2.083 times

My analysis of stock is bullish for shortterm, and stock might move up till 67.9 or till 74.2. Use a stoploss of 62.6 and if this stock hits its stoploss, then it can fall down till 57.31

Share price targets for Cargotrans (Cargotrans)

Target Type Value
Downside Target 50.75
Downside Target 54.15
Downside Target 60.13
Downside Target 63.10
Upside Target 67.25
Upside Target 70.00
Upside Target 72.00
Upside Target 73.00
Upside Target 73.94
Upside Target 78.00
Upside Target 89.50

Intraday share price targets for Cargotrans (Cargotrans)

Target Type Value
Downside Intraday Target 63.32
Downside Intraday Target 62.33
Upside Intraday Target 66.27
Upside Intraday Target 68.23
Upside Intraday Target 65.28

Weekly technical analysis of Cargotrans (Cargotrans)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 64.30 67.25 67.25 64.30 1.5 times
29 Mon Apr 2024 70.00 72.00 72.00 70.00 0.111 times
26 Fri Apr 2024 72.00 63.00 73.00 60.13 9 times
18 Thu Apr 2024 61.00 61.00 61.00 61.00 0.125 times
05 Fri Apr 2024 63.10 54.15 63.10 54.15 0.381 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 Cargotrans (Cargotrans)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 64.30 67.25 67.25 64.30 0.079 times
29 Mon Apr 2024 70.00 54.15 73.00 54.15 0.358 times
28 Thu Mar 2024 51.00 73.44 73.94 50.75 1.413 times
29 Thu Feb 2024 69.95 78.00 78.00 68.25 0.676 times

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 Cargotrans (Cargotrans)

Indicator Name Indicator Value Indicator Signal
ADX 38, 44, 7 Sell
MACD 0, -1Buy
Stochastics 48None
CCI -45Sell
RSI 46Sell
OBV -18000Sell
VWAP 67Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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

MACD generated a BUY signal for Cargotrans in short term and the buy signal is strong.

Cargotrans Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 coming down

CCI has generated a SELL signal for Cargotrans in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Cargotrans is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.8 and Cargotrans (Cargotrans) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Cargotrans (Cargotrans) stock. Volume based technical analysis of Cargotrans (Cargotrans) stock is negative.

Cargotrans Stock is giving positive 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.

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