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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)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Cargotrans is 7950

Date Daily Closing Price Open High Low Volume
21 Thu Mar 2024 58.70 59.90 60.00 58.60 0.943 times
20 Wed Mar 2024 59.60 61.00 61.00 59.60 0.755 times
19 Tue Mar 2024 59.67 61.00 61.00 59.00 0.943 times
18 Mon Mar 2024 63.90 60.99 63.90 60.99 0.943 times
15 Fri Mar 2024 59.00 58.00 59.00 57.10 1.132 times
14 Thu Mar 2024 60.99 55.25 60.99 55.25 1.887 times
13 Wed Mar 2024 58.20 63.00 63.00 56.00 1.887 times
12 Tue Mar 2024 65.50 67.02 67.21 65.50 1.321 times
07 Thu Mar 2024 70.99 69.25 70.99 67.25 0.755 times
06 Wed Mar 2024 73.94 73.94 73.94 73.94 0.189 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.5, but if it comes above 61.5, then a intra day buy could be more profitable.
If you take a sell trade below 61.5, then use 61.5 as stoploss and 54.7 as target. However if you take a buy trade in stock , then use 61.5 as stoploss and 67.1 as target.

Share price targets for Cargotrans (Cargotrans)

Target Type Value
Downside Target 55.25
Downside Target 58.60
Upside Target 63.90
Upside Target 67.21
Upside Target 73.44
Upside Target 73.94
Upside Target 74.10
Upside Target 74.88
Upside Target 78.00
Upside Target 82.45
Upside Target 84.90
Upside Target 89.50

Intraday share price targets for Cargotrans (Cargotrans)

Target Type Value
Downside Intraday Target 56.9
Downside Intraday Target 55.1
Upside Intraday Target 62.2
Upside Intraday Target 65.7
Upside Intraday Target 60.4

Weekly technical analysis of Cargotrans (Cargotrans)

Date Weekly Closing Price Open High Low Volume
21 Thu Mar 2024 58.70 60.99 63.90 58.60 0.576 times
15 Fri Mar 2024 59.00 67.02 67.21 55.25 6.6 times
07 Thu Mar 2024 70.99 73.94 73.94 67.25 0.357 times
02 Sat Mar 2024 73.44 71.80 73.44 68.25 0.875 times
22 Thu Feb 2024 70.11 70.56 74.88 70.11 0.533 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
21 Thu Mar 2024 58.70 73.44 73.94 55.25 0.773 times
29 Thu Feb 2024 69.95 78.00 78.00 68.25 0.676 times
31 Wed Jan 2024 77.30 73.39 89.50 68.00 0.957 times
29 Fri Dec 2023 71.00 73.50 82.45 69.25 1.074 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 Cargotrans (Cargotrans)

Price action analysis of Cargotrans ( (Cargotrans) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong 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 below 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 but selling 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 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 61.61 and Cargotrans (Cargotrans) 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 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.

Price action analysis of Cargotrans ( (Cargotrans) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong 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 below 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 but selling 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 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 61.61 and Cargotrans (Cargotrans) 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 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.

Click here for Cargotrans charts

Click here for further forecast and predictions for tomorrow

Daily charts

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