Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Canopyfin is 44836

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	85.17	90.00	90.55	84.20	0.314 times
25 Thu Jan 2024	87.70	86.85	91.15	83.03	1.048 times
24 Wed Jan 2024	86.81	84.78	86.87	83.02	0.135 times
23 Tue Jan 2024	82.75	84.95	87.00	80.56	0.477 times
22 Mon Jan 2024	84.15	90.15	90.15	81.57	1.943 times
19 Fri Jan 2024	85.86	85.86	85.86	85.86	0.136 times
18 Thu Jan 2024	81.78	77.89	81.78	76.01	0.594 times
17 Wed Jan 2024	77.89	76.32	77.89	71.45	1.037 times
16 Tue Jan 2024	74.19	77.75	77.75	70.35	2.941 times
15 Mon Jan 2024	74.05	74.05	74.05	74.05	0.04 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 83, but if it comes below 83, then a intra day sell could be more profitable.
If you take a sell trade below 83, then use 83 as stoploss and 71.42 as target. However if you take a buy trade in stock , then use 83 as stoploss and 97 as target.

Share price targets for Canopyfin (Canopyfin)

Target Type	Value
Downside Target	52.61
Downside Target	54.51
Downside Target	56.01
Downside Target	60.81
Downside Target	62.80
Downside Target	68.20
Downside Target	70.35
Downside Target	75.00
Downside Target	80.56
Downside Target	84.20
Upside Target	85.86
Upside Target	90.55
Upside Target	91.15

Intraday share price targets for Canopyfin (Canopyfin)

Target Type	Value
Downside Intraday Target	82.73
Downside Intraday Target	80.29
Upside Intraday Target	89.08
Upside Intraday Target	92.99
Upside Intraday Target	86.64

Weekly technical analysis of Canopyfin (Canopyfin)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	85.17	90.00	90.55	84.20	0.087 times
25 Thu Jan 2024	87.70	90.15	91.15	80.56	0.759 times
19 Fri Jan 2024	85.86	74.05	85.86	70.35	1.246 times
12 Fri Jan 2024	70.53	59.90	70.53	57.61	3.135 times
05 Fri Jan 2024	57.48	60.45	60.81	54.51	1.483 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 Canopyfin (Canopyfin)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	85.17	60.45	91.15	54.51	2.391 times
29 Fri Dec 2023	58.00	65.70	68.20	52.61	1.98 times
30 Thu Nov 2023	62.96	68.51	75.00	62.80	0.666 times
31 Tue Oct 2023	70.06	63.99	75.00	56.01	3.529 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Canopyfin (Canopyfin)

Price action analysis of Canopyfin ( (Canopyfin) ) based on a short 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 Canopyfin ( (Canopyfin) ) 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 Canopyfin ( (Canopyfin) ) 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 Canopyfin ( (Canopyfin) ) 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 Canopyfin stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Canopyfin 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.

Canopyfin 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Canopyfin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Canopyfin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.27 and Canopyfin (Canopyfin) 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 Canopyfin (Canopyfin) stock. Volume based technical analysis of Canopyfin (Canopyfin) stock is negative.

Canopyfin 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.