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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)

Showing technical analysis as on 2024-10-22 View latest technical analysis

10 day averaged volume of Canarys Automations is 48000

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	38.55	40.00	41.30	38.10	2 times
21 Mon Oct 2024	39.80	39.95	41.55	39.65	1.667 times
18 Fri Oct 2024	39.65	39.00	39.65	38.50	0.667 times
17 Thu Oct 2024	39.55	40.00	40.85	39.55	1.583 times
16 Wed Oct 2024	40.95	41.35	41.35	39.90	0.75 times
15 Tue Oct 2024	41.45	42.35	42.35	41.45	0.167 times
14 Mon Oct 2024	41.80	42.00	42.30	41.40	0.667 times
11 Fri Oct 2024	42.05	44.60	44.60	42.00	0.583 times
10 Thu Oct 2024	43.20	42.00	43.20	42.00	1.5 times
09 Wed Oct 2024	41.15	41.10	42.40	41.10	1.333 times

Stock of Canarys Automations (CANARYS_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.7, but if it comes above 39.7, then a intra day buy could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 28.6 as target. However if you take a buy trade in stock , then use 39.7 as stoploss and 49.02 as target.

Share price targets for Canarys Automations (CANARYS_SM)

Target Type	Value
Downside Target	30.30
Downside Target	38.10
Upside Target	40.00
Upside Target	41.05
Upside Target	44.60
Upside Target	48.90
Upside Target	56.00
Upside Target	60.50
Upside Target	61.00
Upside Target	62.00
Upside Target	66.80
Upside Target	68.70

Intraday share price targets for Canarys Automations (CANARYS_SM)

Target Type	Value
Downside Intraday Target	37.25
Downside Intraday Target	35.95
Upside Intraday Target	40.7
Upside Intraday Target	42.85
Upside Intraday Target	39.4

Weekly technical analysis of Canarys Automations (CANARYS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	38.55	39.95	41.55	38.10	0.957 times
18 Fri Oct 2024	39.65	42.00	42.35	38.50	0.418 times
11 Fri Oct 2024	42.05	59.60	61.00	40.00	0.195 times
12 Fri Jul 2024	58.10	65.35	68.70	56.00	0.508 times
05 Fri Jul 2024	65.35	50.50	66.80	48.90	4.327 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 Canarys Automations (CANARYS_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	38.55	40.95	44.60	38.10	0.083 times
15 Mon Jul 2024	58.10	50.50	68.70	48.90	2.371 times
28 Fri Jun 2024	50.10	46.50	56.30	41.05	0.384 times
31 Fri May 2024	44.85	52.95	60.50	42.50	0.732 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 Canarys Automations (CANARYS_SM)

Price action analysis of Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations ( (CANARYS_SM) ) 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 Canarys Automations ( (CANARYS_SM) ) based on a mid to longer 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.

ADX buy sell signal for Canarys Automations stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Canarys Automations Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Canarys Automations 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 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 40.5 and Canarys Automations (CANARYS_SM) 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 Canarys Automations (CANARYS_SM) stock. Volume based technical analysis of Canarys Automations (CANARYS_SM) stock is negative.

Canarys Automations 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.