(KANANIIND_BE) Kanani Industries complete technical analysis [charts+indicators] | Buy/Sell Kanani Industries | (KANANIIND_BE) share price targets
Complete technical analysis of Kanani Industries (KANANIIND_BE) by charts plus indicators, forecast predictions and share price targets for Kanani Industries (KANANIIND_BE)
10 day averaged volume of Kanani Industries is 650311
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.85 | 3.70 | 3.85 | 3.55 | 1.694 times |
| 20 Mon May 2024 | 3.70 | 3.65 | 3.70 | 3.50 | 0.298 times |
| 17 Fri May 2024 | 3.55 | 3.65 | 3.70 | 3.55 | 2.243 times |
| 16 Thu May 2024 | 3.70 | 3.85 | 4.00 | 3.65 | 2.012 times |
| 15 Wed May 2024 | 3.85 | 3.80 | 3.85 | 3.75 | 0.966 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.8, but if it comes below 3.8, then a intra day sell could be more profitable.
If you take a sell trade below 3.8, then use 3.8 as stoploss and 3.66 as target. However if you take a buy trade in stock , then use 3.8 as stoploss and 4 as target.
Share price targets for Kanani Industries (KANANIIND_BE)
| Target Type | Value |
| Downside Target | 3.40 |
| Downside Target | 3.50 |
| Downside Target | 3.75 |
| Downside Target | 3.85 |
| Upside Target | 3.95 |
| Upside Target | 4.00 |
| Upside Target | 4.25 |
| Upside Target | 4.50 |
| Upside Target | 4.95 |
| Upside Target | 6.95 |
| Upside Target | 7.55 |
| Upside Target | 7.70 |
Intraday share price targets for Kanani Industries (KANANIIND_BE)
| Target Type | Value |
| Downside Intraday Target | 3.62 |
| Downside Intraday Target | 3.38 |
| Upside Intraday Target | 3.97 |
| Upside Intraday Target | 4.08 |
| Downside Intraday Target | 3.73 |
Weekly technical analysis of Kanani Industries (KANANIIND_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.85 | 3.65 | 3.85 | 3.50 | 0.269 times |
| 17 Fri May 2024 | 3.55 | 3.55 | 4.00 | 3.50 | 6.767 times |
| 10 Fri May 2024 | 3.40 | 3.55 | 3.55 | 3.40 | 0.398 times |
| 03 Fri May 2024 | 3.60 | 3.75 | 3.75 | 3.60 | 3.344 times |
| 26 Fri Apr 2024 | 3.75 | 3.95 | 3.95 | 3.75 | 2.013 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 Industries (KANANIIND_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 3.85 | 3.60 | 4.00 | 3.40 | 2.355 times |
| 30 Tue Apr 2024 | 3.65 | 3.75 | 4.50 | 3.65 | 0.273 times |
| 28 Thu Mar 2024 | 3.65 | 4.55 | 4.95 | 3.60 | 0.706 times |
| 29 Thu Feb 2024 | 4.50 | 7.30 | 7.55 | 4.25 | 38.208 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Kanani Industries (KANANIIND_BE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 50, 31, 23 | Buy |
| MACD | -0, -0 | Buy |
| Stochastics | 50 | None |
| CCI | 78 | Buy |
| RSI | 66 | Buy |
| OBV | -1665630 | Sell |
| VWAP | 4 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Kanani Industries ( (KANANIIND_BE) ) 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 Industries ( (KANANIIND_BE) ) based on a short term time period is
Price action analysis of Kanani Industries ( (KANANIIND_BE) ) based on a short to mid 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 Industries ( (KANANIIND_BE) ) 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 Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Kanani Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Kanani Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Kanani Industries in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Kanani Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.68 and Kanani Industries (KANANIIND_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Kanani Industries (KANANIIND_BE) stock. Volume based technical analysis of Kanani Industries (KANANIIND_BE) stock is negative.
Kanani Industries Stock is giving positive 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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