(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)
Showing technical analysis as on 2023-01-31 View latest technical analysis
10 day averaged volume of Kanani Ind is 27550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 8.47 | 8.20 | 8.67 | 8.20 | 0.098 times |
| 30 Mon Jan 2023 | 8.23 | 8.20 | 8.70 | 8.20 | 0.46 times |
| 27 Fri Jan 2023 | 8.36 | 8.48 | 8.65 | 8.20 | 1.473 times |
| 25 Wed Jan 2023 | 8.65 | 9.00 | 9.00 | 8.40 | 0.805 times |
| 24 Tue Jan 2023 | 8.94 | 8.81 | 9.00 | 8.75 | 0.128 times |
| 23 Mon Jan 2023 | 8.81 | 8.82 | 9.00 | 8.25 | 1.237 times |
| 20 Fri Jan 2023 | 8.96 | 8.91 | 9.13 | 8.83 | 0.727 times |
| 19 Thu Jan 2023 | 8.97 | 9.10 | 9.25 | 8.80 | 1.036 times |
| 18 Wed Jan 2023 | 9.09 | 9.50 | 9.50 | 9.00 | 1.546 times |
| 17 Tue Jan 2023 | 9.36 | 9.60 | 9.60 | 9.16 | 0.662 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.6, but if it comes above 8.6, then a intra day buy could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 8.92 as target.
Share price targets for Kanani Ind (KananiInd)
| Target Type | Value |
| Downside Target | 7.66 |
| Downside Target | 7.92 |
| Downside Target | 8.20 |
| Upside Target | 8.60 |
| Upside Target | 9.00 |
| Upside Target | 9.50 |
| Upside Target | 9.55 |
| Upside Target | 9.81 |
| Upside Target | 10.07 |
| Upside Target | 10.36 |
| Upside Target | 13.75 |
Intraday share price targets for Kanani Ind (KananiInd)
| Target Type | Value |
| Downside Intraday Target | 8.21 |
| Downside Intraday Target | 7.96 |
| Upside Intraday Target | 8.71 |
| Upside Intraday Target | 8.96 |
| Downside Intraday Target | 8.46 |
Weekly technical analysis of Kanani Ind (KananiInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 8.47 | 8.20 | 8.70 | 8.20 | 0.153 times |
| 27 Fri Jan 2023 | 8.36 | 8.82 | 9.00 | 8.20 | 0.618 times |
| 20 Fri Jan 2023 | 8.96 | 9.59 | 9.81 | 8.80 | 0.486 times |
| 13 Fri Jan 2023 | 9.58 | 8.60 | 10.07 | 8.30 | 3.133 times |
| 06 Fri Jan 2023 | 8.89 | 9.00 | 9.50 | 8.60 | 1.371 times |
Price has moved up 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 Kanani Ind (KananiInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 8.47 | 9.00 | 10.07 | 8.20 | 0.323 times |
| 30 Fri Dec 2022 | 9.33 | 8.20 | 13.75 | 7.70 | 4.071 times |
| 30 Wed Nov 2022 | 7.94 | 8.87 | 9.55 | 7.66 | 1.19 times |
| 31 Mon Oct 2022 | 8.86 | 8.56 | 9.50 | 7.92 | 0.682 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 Kanani Ind (KananiInd)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 9, 25, 47 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 10 | Sell |
| CCI | -84 | Buy |
| RSI | 66 | Buy |
| OBV | -122229 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 Kanani Ind ( (KananiInd) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Kanani Ind in short term and the sell signal is strong.
Kanani 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Kanani 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 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 8.81 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.
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