539304 NEWS why is Canopyfin price falling or rising

539304 NEWS reasons for why stock price of Canopyfin is falling or rising

539304 Canopyfin is falling or rising technical reasons

Technical analysis forecast for Canopyfin Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Canopyfin 539304 at this time. Stock is falling and might fall more.

It appears as if Canopyfin 539304 gave a large move recently.

Stock of Canopyfin (539304) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Canopyfin is bearish for shortterm, and stock might move down till 79.9 or till 72.7. Use a stoploss of 85.78 and if the stock hits stoploss, then it can shoot up till 91.7

539304 Canopyfin is falling or rising NEWS fundamental reasons

More announcements and NEWS

539304 Canopyfin current price & indicator signals

Moving Averages for Canopyfin

  • 5Day Average: 85.72
  • 12Day Average: 88.92
  • 20Day Average: 86.66
  • 50Day Average: 79.96
  • 100Day Average: 71.98
  • 150Day Average: 68.58
  • 200Day Average: 70.4

539304 Indicators & signals

Indicator MACD (12,26,9)

86.77, 84.67, 3.36
Indicator MACD is in positive zone

Indicator ADX (14)

11.59, 19.29, 24.34
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 539304 Canopyfin are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Thu Mar 2024 84.19 80.00 to 84.19 4.99% 0.53 times
13 Wed Mar 2024 80.19 80.19 to 86.00 -5% 0.41 times
12 Tue Mar 2024 84.41 84.01 to 91.88 -4.43% 0.99 times
11 Mon Mar 2024 88.32 87.60 to 93.99 -3.48% 1.08 times
07 Thu Mar 2024 91.50 90.89 to 92.98 -0.05% 0.19 times
06 Wed Mar 2024 91.55 90.75 to 95.20 -4.12% 0.66 times
05 Tue Mar 2024 95.48 90.00 to 97.99 1.44% 1.31 times
04 Mon Mar 2024 94.12 94.00 to 99.25 -0.43% 2.65 times
02 Sat Mar 2024 94.53 91.50 to 94.54 4.99% 0.58 times
01 Fri Mar 2024 90.04 87.80 to 92.10 2.64% 1.52 times
29 Thu Feb 2024 87.72 81.15 to 88.00 3.2% 0.61 times
28 Wed Feb 2024 85.00 83.00 to 88.00 -2.12% 0.45 times

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539304 NEWS why is Canopyfin price falling or rising

 

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