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(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 2024-12-20 View latest technical analysis

10 day averaged volume of Kanani Ind is 116969

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	2.75	2.78	2.79	2.73	0.308 times
19 Thu Dec 2024	2.78	2.83	2.83	2.77	1.015 times
18 Wed Dec 2024	2.80	2.80	2.82	2.78	0.507 times
17 Tue Dec 2024	2.80	2.82	2.82	2.76	1.318 times
16 Mon Dec 2024	2.80	2.85	2.85	2.78	0.434 times
13 Fri Dec 2024	2.83	2.83	2.87	2.82	0.676 times
12 Thu Dec 2024	2.83	2.83	2.88	2.81	0.755 times
11 Wed Dec 2024	2.82	2.90	2.90	2.81	0.677 times
10 Tue Dec 2024	2.85	2.86	2.87	2.80	1.02 times
09 Mon Dec 2024	2.85	2.86	2.92	2.37	2.398 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 2.7, for a target of 2.8 or 2.84

Share price targets for Kanani Ind (KananiInd)

Target Type	Value
Downside Target	2.37
Downside Target	2.50
Downside Target	2.55
Downside Target	2.73
Upside Target	2.85
Upside Target	2.92
Upside Target	2.94
Upside Target	2.99
Upside Target	3.00
Upside Target	3.10
Upside Target	3.18

Intraday share price targets for Kanani Ind (KananiInd)

Target Type	Value
Downside Intraday Target	2.7
Downside Intraday Target	2.66
Upside Intraday Target	2.82
Upside Intraday Target	2.9
Upside Intraday Target	2.78

Weekly technical analysis of Kanani Ind (KananiInd)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	2.75	2.85	2.85	2.73	0.648 times
13 Fri Dec 2024	2.83	2.86	2.92	2.37	0.934 times
06 Fri Dec 2024	2.86	2.92	2.94	2.78	0.197 times
29 Fri Nov 2024	2.90	2.62	3.00	2.60	3.338 times
22 Fri Nov 2024	2.59	2.73	2.78	2.50	2.248 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 Kanani Ind (KananiInd)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	2.75	2.92	2.94	2.37	0.311 times
29 Fri Nov 2024	2.90	2.90	3.00	2.50	2.13 times
31 Thu Oct 2024	2.89	2.84	2.99	2.55	0.564 times
30 Mon Sep 2024	2.83	2.83	3.10	2.63	0.607 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)

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 neutral. A longer time frame might give a better analysis.

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

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

Kanani Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Kanani Ind in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 2.82 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.