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

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

10 day averaged volume of Kancotea is 2796

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 69.82 71.00 71.90 69.75 2.065 times
21 Tue Mar 2023 71.15 74.65 74.65 69.99 0.171 times
20 Mon Mar 2023 69.20 69.62 72.00 69.10 2.589 times
17 Fri Mar 2023 69.62 69.20 71.64 69.10 2.592 times
16 Thu Mar 2023 69.04 69.00 69.15 69.00 0.718 times
15 Wed Mar 2023 69.57 71.35 72.94 69.01 1.784 times
14 Tue Mar 2023 72.90 75.69 75.69 69.50 0.667 times
13 Mon Mar 2023 74.88 84.00 84.00 65.25 0.721 times
10 Fri Mar 2023 78.99 80.10 82.00 78.00 0.239 times
09 Thu Mar 2023 80.10 83.75 83.75 78.32 0.077 times

Stock of Kancotea (Kancotea) 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 70.6, but if it comes above 70.6, then a intra day buy could be more profitable.
If you take a sell trade below 70.6, then use 70.6 as stoploss and 65.3 as target. However if you take a buy trade in stock , then use 70.6 as stoploss and 75.09 as target.

Share price targets for Kancotea (Kancotea)

Target Type Value
Downside Target 62.60
Downside Target 65.25
Downside Target 69.10
Upside Target 73.00
Upside Target 74.65
Upside Target 77.00
Upside Target 84.00
Upside Target 87.00
Upside Target 90.00
Upside Target 90.35
Upside Target 101.90
Upside Target 104.80
Upside Target 109.85
Upside Target 113.00

Intraday share price targets for Kancotea (Kancotea)

Target Type Value
Downside Intraday Target 67.73
Downside Intraday Target 65.64
Upside Intraday Target 73.28
Upside Intraday Target 76.74
Upside Intraday Target 71.19

Weekly technical analysis of Kancotea (Kancotea)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 69.82 69.62 74.65 69.10 0.744 times
17 Fri Mar 2023 69.62 84.00 84.00 65.25 7.988 times
10 Fri Mar 2023 78.99 78.00 87.00 77.00 0.687 times
03 Fri Mar 2023 77.00 73.00 88.70 73.00 0.505 times
24 Fri Feb 2023 74.45 80.00 85.00 62.60 0.656 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 Kancotea (Kancotea)

Date Monthly Closing Price Open High Low Volume
22 Wed Mar 2023 69.82 73.67 87.00 65.25 1.568 times
28 Tue Feb 2023 75.55 91.60 101.90 62.60 1.293 times
31 Tue Jan 2023 91.95 104.00 104.80 90.00 0.196 times
30 Fri Dec 2022 95.25 103.00 109.85 90.35 0.904 times

Scroll below to view daily charts

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

Indicators analysis of Kancotea (Kancotea)

Indicator Name Indicator Value Indicator Signal
ADX 18, 20, 3 Sell
MACD -8, -8Sell
Stochastics 23Sell
CCI -52Sell
RSI 53Buy
OBV -22207Sell
VWAP 70Sell
ADL 0Sell
ROC -17Sell
Force Index 0Sell

Price action analysis of Kancotea ( (Kancotea) ) based on a short 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 Kancotea ( (Kancotea) ) 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 Kancotea ( (Kancotea) ) 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 Kancotea ( (Kancotea) ) 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 Kancotea stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Kancotea in short term and the sell signal is strong.

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

Kancotea 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Kancotea is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.32 and Kancotea (Kancotea) 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 Kancotea (Kancotea) stock. Volume based technical analysis of Kancotea (Kancotea) stock is negative.

Kancotea 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 Kancotea charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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