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

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

10 day averaged volume of Canarys Automations is 462400

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 57.25 58.50 60.00 57.00 0.787 times
16 Thu May 2024 58.25 57.20 60.00 56.00 1.22 times
15 Wed May 2024 55.90 57.40 60.50 55.20 4.178 times
14 Tue May 2024 55.60 52.50 56.50 49.70 0.822 times
13 Mon May 2024 52.30 48.50 54.90 45.75 0.934 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.6, but if it comes below 56.6, then a intra day sell could be more profitable.
If you take a sell trade below 56.6, then use 56.6 as stoploss and 54.39 as target. However if you take a buy trade in stock , then use 56.6 as stoploss and 59.2 as target.

Share price targets for Canarys Automations (CANARYS_SM)

Target Type Value
Downside Target 27.00
Downside Target 30.30
Downside Target 36.90
Downside Target 39.40
Downside Target 40.45
Downside Target 42.00
Downside Target 45.75
Downside Target 46.80
Downside Target 48.40
Downside Target 50.65
Upside Target 57.55
Upside Target 60.50
Upside Target 62.00

Intraday share price targets for Canarys Automations (CANARYS_SM)

Target Type Value
Downside Intraday Target 48.5
Downside Intraday Target 39.75
Upside Intraday Target 63.25
Upside Intraday Target 69.25
Downside Intraday Target 54.5

Weekly technical analysis of Canarys Automations (CANARYS_SM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 57.25 48.50 60.50 45.75 3.857 times
10 Fri May 2024 50.80 56.20 57.80 49.25 0.61 times
03 Fri May 2024 55.35 52.10 57.85 48.40 0.603 times
26 Fri Apr 2024 52.45 62.00 62.00 50.65 0.46 times
19 Fri Apr 2024 57.15 39.80 57.55 37.00 4.616 times

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

Monthly technical analysis of Canarys Automations (CANARYS_SM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 57.25 52.95 60.50 45.75 0.544 times
30 Tue Apr 2024 52.05 30.40 62.00 30.30 2.46 times
28 Thu Mar 2024 28.95 39.00 39.40 27.00 1.591 times
29 Thu Feb 2024 39.00 41.60 42.00 36.90 0.617 times

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 Canarys Automations (CANARYS_SM)

Indicator Name Indicator Value Indicator Signal
ADX 22, 17, 14 Buy
MACD 7, 7Sell
Stochastics 77Buy
CCI 113Sell
RSI 66Buy
OBV 6488000Sell
VWAP 55Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Canarys Automations in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Canarys Automations 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Canarys Automations in short term

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Canarys Automations is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.28 and Canarys Automations (CANARYS_SM) 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 Canarys Automations (CANARYS_SM) stock. Volume based technical analysis of Canarys Automations (CANARYS_SM) stock is negative.

Canarys Automations 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.

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