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(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 2024-02-27 View latest technical analysis

10 day averaged volume of Canopyfin is 38356

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	86.84	91.69	91.69	85.31	0.632 times
26 Mon Feb 2024	88.52	87.00	92.24	86.35	1.317 times
23 Fri Feb 2024	90.49	90.96	92.26	86.00	3.796 times
22 Thu Feb 2024	87.99	86.70	88.05	83.11	1.961 times
21 Wed Feb 2024	83.86	83.86	83.86	81.86	1.548 times
20 Tue Feb 2024	79.87	79.87	79.87	79.87	0.506 times
19 Mon Feb 2024	76.07	76.07	76.07	76.07	0.152 times
16 Fri Feb 2024	72.45	72.45	72.45	66.50	0.427 times
15 Thu Feb 2024	69.00	70.99	71.49	68.57	0.048 times
14 Wed Feb 2024	68.57	74.97	74.97	68.57	0.178 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.6, but if it comes below 85.6, then a intra day sell could be more profitable.
If you take a sell trade below 85.6, then use 85.6 as stoploss and 79.45 as target. However if you take a buy trade in stock , then use 85.6 as stoploss and 93 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	62.80
Downside Target	66.50
Downside Target	68.20
Downside Target	75.00
Downside Target	78.98
Downside Target	85.00
Upside Target	90.55
Upside Target	91.15
Upside Target	92.24
Upside Target	92.26

Intraday share price targets for Canopyfin (Canopyfin)

Target Type	Value
Downside Intraday Target	84.02
Downside Intraday Target	81.2
Upside Intraday Target	90.95
Upside Intraday Target	95.06
Upside Intraday Target	88.13

Weekly technical analysis of Canopyfin (Canopyfin)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	86.84	87.00	92.24	85.31	0.245 times
23 Fri Feb 2024	90.49	76.07	92.26	76.07	8.631 times
16 Fri Feb 2024	72.45	78.98	78.98	66.50	0.45 times
09 Fri Feb 2024	76.71	75.31	85.00	75.31	1.173 times
02 Fri Feb 2024	78.15	90.00	90.55	77.00	0.415 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
27 Tue Feb 2024	86.84	82.89	92.26	66.50	0.834 times
31 Wed Jan 2024	80.89	60.45	91.15	54.51	2.467 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

Scroll below to view daily charts

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 Canopyfin (Canopyfin)

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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Canopyfin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.68 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.