Login or Join
 Learn then Earn

(KananiInd) Kanani Ind complete technical analysis [charts+indicators] | Buy/Sell Kanani Ind | (KananiInd) share price targets

Complete technical analysis of Kanani Ind (KananiInd) by charts plus indicators, forecast predictions and share price targets for Kanani Ind (KananiInd)

10 day averaged volume of Kanani Ind is 120595

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 3.56 3.72 3.80 3.56 2.311 times
16 Thu May 2024 3.74 3.81 3.98 3.66 2.127 times
15 Wed May 2024 3.85 3.70 3.90 3.70 1.312 times
14 Tue May 2024 3.75 3.74 3.75 3.50 1.274 times
13 Mon May 2024 3.58 3.56 3.58 3.55 1.469 times

Stock of Kanani Ind (KananiInd) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.5 as stoploss in an intra day buy trade for a target of 3.67. However, stock will show a bearish move below 3.5.

Share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Target 3.39
Downside Target 3.50
Upside Target 3.60
Upside Target 3.69
Upside Target 3.85
Upside Target 3.95
Upside Target 4.00
Upside Target 4.10
Upside Target 4.57
Upside Target 4.97
Upside Target 5.55
Upside Target 7.45
Upside Target 10.64

Intraday share price targets for Kanani Ind (KananiInd)

Target Type Value
Downside Intraday Target 3.38
Downside Intraday Target 3.2
Upside Intraday Target 3.86
Upside Intraday Target 4.16
Upside Intraday Target 3.68

Weekly technical analysis of Kanani Ind (KananiInd)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 3.56 3.56 3.98 3.50 5.637 times
10 Fri May 2024 3.41 3.55 3.60 3.39 0.102 times
03 Fri May 2024 3.60 3.70 3.70 3.60 5.762 times
26 Fri Apr 2024 3.75 3.90 3.95 3.69 0.345 times
19 Fri Apr 2024 3.90 4.00 4.00 3.85 8.257 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 Kanani Ind (KananiInd)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 3.56 3.62 3.98 3.39 1.014 times
30 Tue Apr 2024 3.61 3.70 4.57 3.61 0.743 times
28 Thu Mar 2024 3.77 4.50 4.97 3.61 0.456 times
29 Thu Feb 2024 4.50 6.11 7.45 4.10 0.554 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 Kanani Ind (KananiInd)

Indicator Name Indicator Value Indicator Signal
ADX 44, 38, 8 Buy
MACD -0, -0Buy
Stochastics 59None
CCI 30Sell
RSI 61Buy
OBV -602530Sell
VWAP 4Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) based on a short to mid 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 Kanani Ind ( (KananiInd) ) based on a mid to longer 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.

ADX buy sell signal for Kanani Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Kanani Ind in short term but the buy signal is initial and weak.

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

Kanani Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Kanani Ind in short term but SELL signal is weak.

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 Kanani Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.65 and Kanani Ind (KananiInd) 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 Kanani Ind (KananiInd) stock. Volume based technical analysis of Kanani Ind (KananiInd) stock is negative.

Kanani Ind 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.

Click here for Kanani Ind charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme