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

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

10 day averaged volume of Acknit Ind is 1295

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 250.80 276.95 276.95 250.00 1.889 times
16 Thu May 2024 259.40 252.30 259.95 252.00 1.759 times
15 Wed May 2024 253.90 259.00 259.00 251.00 0.975 times
14 Tue May 2024 255.55 254.45 269.80 250.00 1.648 times
13 Mon May 2024 254.45 257.00 262.00 253.95 0.531 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 249, for a target of 254.3 or 258.7

Share price targets for Acknit Ind (AcknitInd)

Target Type Value
Downside Target 210.00
Downside Target 219.15
Downside Target 247.00
Upside Target 255.05
Upside Target 264.90
Upside Target 272.75
Upside Target 276.90
Upside Target 276.95
Upside Target 277.00
Upside Target 303.95
Upside Target 310.00

Intraday share price targets for Acknit Ind (AcknitInd)

Target Type Value
Downside Intraday Target 241.55
Downside Intraday Target 232.3
Upside Intraday Target 268.5
Upside Intraday Target 286.2
Upside Intraday Target 259.25

Weekly technical analysis of Acknit Ind (AcknitInd)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 250.80 257.00 276.95 250.00 2.129 times
10 Fri May 2024 258.85 265.00 277.00 247.10 0.557 times
03 Fri May 2024 260.40 250.05 272.75 250.05 0.991 times
26 Fri Apr 2024 250.05 259.20 265.00 247.55 1.881 times
19 Fri Apr 2024 259.00 260.00 264.90 247.00 0.19 times

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

Monthly technical analysis of Acknit Ind (AcknitInd)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 250.80 268.00 277.00 247.10 0.356 times
30 Tue Apr 2024 263.40 243.95 272.75 219.15 0.759 times
28 Thu Mar 2024 223.10 265.00 276.90 210.00 1.224 times
29 Thu Feb 2024 263.00 278.00 303.95 255.05 0.907 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 Acknit Ind (AcknitInd)

Indicator Name Indicator Value Indicator Signal
ADX 28, 8, 54 Buy
MACD 2, 3Sell
Stochastics 25Sell
CCI -17Buy
RSI 57Buy
OBV -4053Sell
VWAP 257Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Acknit Ind ( (AcknitInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Acknit Ind ( (AcknitInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Acknit Ind ( (AcknitInd) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Acknit Ind ( (AcknitInd) ) 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 Acknit Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Acknit Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Acknit Ind in short term but BUY 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 Acknit 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 257.31 and Acknit Ind (AcknitInd) 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 Acknit Ind (AcknitInd) stock. Volume based technical analysis of Acknit Ind (AcknitInd) stock is negative.

Acknit Ind Stock has given negative 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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