(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 2023-02-01 View latest technical analysis
10 day averaged volume of Kanani Ind is 22514
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 8.53 | 8.47 | 8.82 | 8.20 | 0.542 times |
| 31 Tue Jan 2023 | 8.47 | 8.20 | 8.67 | 8.20 | 0.12 times |
| 30 Mon Jan 2023 | 8.23 | 8.20 | 8.70 | 8.20 | 0.562 times |
| 27 Fri Jan 2023 | 8.36 | 8.48 | 8.65 | 8.20 | 1.803 times |
| 25 Wed Jan 2023 | 8.65 | 9.00 | 9.00 | 8.40 | 0.985 times |
| 24 Tue Jan 2023 | 8.94 | 8.81 | 9.00 | 8.75 | 0.157 times |
| 23 Mon Jan 2023 | 8.81 | 8.82 | 9.00 | 8.25 | 1.514 times |
| 20 Fri Jan 2023 | 8.96 | 8.91 | 9.13 | 8.83 | 0.889 times |
| 19 Thu Jan 2023 | 8.97 | 9.10 | 9.25 | 8.80 | 1.268 times |
| 18 Wed Jan 2023 | 9.09 | 9.50 | 9.50 | 9.00 | 1.892 times |
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 8.5 as stoploss in an intra day buy trade for a target of 8.88. However, stock will show a bearish move below 8.5.
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 | 8.80 |
| Upside Target | 9.00 |
| Upside Target | 9.50 |
| Upside Target | 9.55 |
| Upside Target | 9.81 |
| Upside Target | 10.07 |
| Upside Target | 13.75 |
Intraday share price targets for Kanani Ind (KananiInd)
| Target Type | Value |
| Downside Intraday Target | 8.21 |
| Downside Intraday Target | 7.9 |
| Upside Intraday Target | 8.83 |
| Upside Intraday Target | 9.14 |
| Downside Intraday Target | 8.52 |
Weekly technical analysis of Kanani Ind (KananiInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 8.53 | 8.20 | 8.82 | 8.20 | 0.275 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 |
| 01 Wed Feb 2023 | 8.53 | 8.47 | 8.82 | 8.20 | 0.017 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 | 11, 23, 37 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 16 | Sell |
| CCI | -56 | Buy |
| RSI | 64 | Buy |
| OBV | -92655 | Sell |
| VWAP | 9 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Kanani Ind ( (KananiInd) ) 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 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 losing 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 weakening, and bulls are picking up momentum!
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 positive zone. This is a BUY zone
Stock of Kanani Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.75 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