(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 2024-02-29 View latest technical analysis
10 day averaged volume of Canopyfin is 40683
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 87.72 | 85.00 | 88.00 | 81.15 | 0.281 times |
| 28 Wed Feb 2024 | 85.00 | 88.00 | 88.00 | 83.00 | 0.208 times |
| 27 Tue Feb 2024 | 86.84 | 91.69 | 91.69 | 85.31 | 0.596 times |
| 26 Mon Feb 2024 | 88.52 | 87.00 | 92.24 | 86.35 | 1.241 times |
| 23 Fri Feb 2024 | 90.49 | 90.96 | 92.26 | 86.00 | 3.579 times |
| 22 Thu Feb 2024 | 87.99 | 86.70 | 88.05 | 83.11 | 1.849 times |
| 21 Wed Feb 2024 | 83.86 | 83.86 | 83.86 | 81.86 | 1.459 times |
| 20 Tue Feb 2024 | 79.87 | 79.87 | 79.87 | 79.87 | 0.477 times |
| 19 Mon Feb 2024 | 76.07 | 76.07 | 76.07 | 76.07 | 0.143 times |
| 16 Fri Feb 2024 | 72.45 | 72.45 | 72.45 | 66.50 | 0.402 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 86.6, but if it comes below 86.6, then a intra day sell could be more profitable.
If you take a sell trade below 86.6, then use 86.6 as stoploss and 80.05 as target. However if you take a buy trade in stock , then use 86.6 as stoploss and 94.4 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 | 81.15 |
| 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 | 81.83 |
| Downside Intraday Target | 75.95 |
| Upside Intraday Target | 92.92 |
| Upside Intraday Target | 98.13 |
| Downside Intraday Target | 87.04 |
Weekly technical analysis of Canopyfin (Canopyfin)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 87.72 | 87.00 | 92.24 | 81.15 | 0.31 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 |
| 29 Thu Feb 2024 | 87.72 | 82.89 | 92.26 | 66.50 | 0.865 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canopyfin ( (Canopyfin) ) 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 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 Weak 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 moving up
CCI has generated a buy signal for Canopyfin in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 87.05 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.
Price action analysis of Canopyfin ( (Canopyfin) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canopyfin ( (Canopyfin) ) 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 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 Weak 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 moving up
CCI has generated a buy signal for Canopyfin in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 87.05 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.
Click here for Canopyfin charts
Click here for further forecast and predictions for tomorrow