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(CNET) Chinanet Online complete technical analysis [charts+indicators] | Buy/Sell Chinanet Online | (CNET) share price targets

Complete technical analysis of Chinanet Online (CNET) by charts plus indicators, forecast predictions and share price targets for Chinanet Online (CNET)

Chinanet Online trades in USA in Technology sector.

10 day averaged volume of Chinanet Online is 1009550

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 2.48 2.50 2.53 2.38 0.315 times
08 Thu Apr 2021 2.52 2.48 2.75 2.48 0.715 times
07 Wed Apr 2021 2.48 2.52 2.59 2.44 0.704 times
06 Tue Apr 2021 2.51 2.55 2.59 2.45 0.928 times
05 Mon Apr 2021 2.59 2.66 2.68 2.55 0.614 times
01 Thu Apr 2021 2.68 2.68 2.77 2.65 0.922 times
31 Wed Mar 2021 2.64 2.54 2.74 2.50 0.964 times
30 Tue Mar 2021 2.58 2.55 2.60 2.47 0.911 times
29 Mon Mar 2021 2.55 2.80 2.84 2.54 0.84 times
26 Fri Mar 2021 2.72 2.80 2.91 2.55 2.003 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.5, but if it comes above 2.5, then a intra day buy could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 2.1 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.84 as target.

Share price targets for Chinanet Online (CNET)

Target Type Value
Downside Target 1.20
Downside Target 1.33
Downside Target 2.02
Downside Target 2.16
Downside Target 2.34
Downside Target 2.47
Upside Target 2.75
Upside Target 3.18
Upside Target 3.32
Upside Target 3.34
Upside Target 3.68
Upside Target 4.75
Upside Target 6.19

Intraday share price targets for Chinanet Online (CNET)

Target Type Value
Downside Intraday Target 2.32
Downside Intraday Target 2.17
Upside Intraday Target 2.69
Upside Intraday Target 2.91
Upside Intraday Target 2.54

Weekly technical analysis of Chinanet Online (CNET)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 2.48 2.66 2.75 2.38 0.901 times
01 Thu Apr 2021 2.68 2.80 2.84 2.47 0.3 times
26 Fri Mar 2021 2.72 3.30 3.32 2.37 0.571 times
19 Fri Mar 2021 3.22 3.24 3.68 2.80 1.597 times
12 Fri Mar 2021 3.14 2.35 3.34 2.16 1.613 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 Chinanet Online (CNET)

Date Monthly Closing Price Open High Low Volume
09 Fri Apr 2021 2.48 2.68 2.77 2.38 0.069 times
31 Wed Mar 2021 2.64 3.23 3.68 2.02 0.418 times
26 Fri Feb 2021 3.07 2.43 6.19 2.34 0.47 times
29 Fri Jan 2021 2.44 1.37 4.75 1.33 3.242 times

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 Chinanet Online (CNET)

Indicator Name Indicator Value Indicator Signal
ADX 17, 28, 23 Sell
MACD -0, -0Sell
Stochastics 20Sell
CCI -125Sell
RSI 54Buy
OBV 2324200Sell
VWAP 3Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Chinanet Online ( (CNET) ) based on a short term time period is

Price action analysis of Chinanet Online ( (CNET) ) 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 Chinanet Online ( (CNET) ) 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 Chinanet Online ( (CNET) ) 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 Chinanet Online stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Chinanet Online in short term and the sell signal is strong.

Chinanet Online 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Chinanet Online in short term and SELL signal is strong!

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

Stock of Chinanet Online is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.6 and Chinanet Online (CNET) 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 Chinanet Online (CNET) stock. Volume based technical analysis of Chinanet Online (CNET) stock is negative.

Chinanet Online 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.

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