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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)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Cni Res is 31481

Date Daily Closing Price Open High Low Volume
23 Fri Feb 2024 3.17 3.17 3.17 3.17 4.625 times
22 Thu Feb 2024 3.23 3.23 3.23 3.23 0.525 times
21 Wed Feb 2024 3.29 3.29 3.29 3.29 1.617 times
20 Tue Feb 2024 3.35 3.35 3.35 3.35 1.041 times
19 Mon Feb 2024 3.41 3.41 3.41 3.41 0.829 times
16 Fri Feb 2024 3.47 3.47 3.47 3.47 2.282 times
15 Thu Feb 2024 3.54 3.54 3.54 3.54 0.987 times
14 Wed Feb 2024 3.61 3.61 3.61 3.61 0.849 times
13 Tue Feb 2024 3.68 3.68 3.68 3.68 0.743 times
12 Mon Feb 2024 3.75 3.75 3.75 3.75 0.223 times

Stock of Cni Res (CniRes) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.4, but if it comes above 3.4, then a intra day buy could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 3.7 as target.

Share price targets for Cni Res (CniRes)

Target Type Value
Downside Target 1.96
Downside Target 2.05
Downside Target 2.14
Downside Target 2.24
Downside Target 2.59
Downside Target 2.75
Downside Target 3.17
Upside Target 3.25
Upside Target 3.41
Upside Target 3.75
Upside Target 3.96
Upside Target 4.15
Upside Target 4.33
Upside Target 4.84

Intraday share price targets for Cni Res (CniRes)

Target Type Value
Downside Intraday Target 3.09
Downside Intraday Target 3.01
Upside Intraday Target 3.33
Upside Intraday Target 3.49
Upside Intraday Target 3.25

Weekly technical analysis of Cni Res (CniRes)

Date Weekly Closing Price Open High Low Volume
23 Fri Feb 2024 3.17 3.41 3.41 3.17 1.699 times
16 Fri Feb 2024 3.47 3.75 3.75 3.47 0.539 times
09 Fri Feb 2024 3.82 4.15 4.15 3.82 0.122 times
02 Fri Feb 2024 4.20 3.25 4.33 3.25 5.293 times
25 Thu Jan 2024 3.42 3.96 3.96 3.42 0.099 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 Cni Res (CniRes)

Date Monthly Closing Price Open High Low Volume
23 Fri Feb 2024 3.17 4.13 4.33 3.17 0.116 times
31 Wed Jan 2024 3.94 2.14 4.84 2.14 6.715 times
29 Fri Dec 2023 2.32 2.30 2.75 2.05 1.876 times
30 Thu Nov 2023 2.30 2.35 2.59 2.24 0.586 times

Scroll below to view daily charts

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 Cni Res (CniRes)

Price action analysis of Cni Res ( (CniRes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Cni Res ( (CniRes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Cni Res ( (CniRes) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Cni Res in short term and the sell signal is strong.

Cni Res Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cni Res in short term and SELL 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 selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.36 and Cni Res (CniRes) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.

Price action analysis of Cni Res ( (CniRes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Cni Res ( (CniRes) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Cni Res ( (CniRes) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Cni Res in short term and the sell signal is strong.

Cni Res Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cni Res in short term and SELL 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 selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.36 and Cni Res (CniRes) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.

Click here for Cni Res charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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