(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 3450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 61.81 | 61.81 | 61.81 | 61.81 | 0.435 times |
| 14 Tue May 2024 | 64.91 | 61.99 | 64.91 | 61.99 | 1.304 times |
| 13 Mon May 2024 | 59.40 | 61.75 | 61.75 | 59.35 | 2.609 times |
| 08 Wed May 2024 | 64.30 | 64.30 | 64.30 | 64.30 | 0.435 times |
| 07 Tue May 2024 | 67.25 | 67.25 | 67.25 | 67.25 | 0.435 times |
My analysis of stock is bearish for shortterm, and stock might move down till 58.9 or till 53.5. Use a stoploss of 63.45 and if the stock hits stoploss, then it can shoot up till 67.97
Share price targets for Cargotrans (Cargotrans)
| Target Type | Value |
| Downside Target | 50.75 |
| Downside Target | 54.15 |
| Downside Target | 59.35 |
| Upside Target | 64.30 |
| 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 | 59.14 |
| Downside Intraday Target | 56.46 |
| Upside Intraday Target | 64.7 |
| Upside Intraday Target | 67.58 |
| Upside Intraday Target | 62.02 |
Weekly technical analysis of Cargotrans (Cargotrans)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 61.81 | 61.75 | 64.91 | 59.35 | 3.333 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cargotrans (Cargotrans)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 61.81 | 67.25 | 67.25 | 59.35 | 0.342 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 | 32, 40, 11 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 20 | Sell |
| CCI | -95 | Sell |
| RSI | 47 | Sell |
| OBV | -9000 | Sell |
| VWAP | 66 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Cargotrans ( (Cargotrans) ) based on a short term time period is
Price action analysis of Cargotrans ( (Cargotrans) ) based on a short term time period is
Price action analysis of Cargotrans ( (Cargotrans) ) 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 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 gaining momentum.
MACD generated a SELL signal for Cargotrans in short term and the sell signal is strong.
Cargotrans 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 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 65.92 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 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.
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