Stock analysis Kanani Industries Limited KANANIIND
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Recent prices of KANANIIND Kanani Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 07 Wed Feb 2024 | 7.25 | 7.25 to 7.25 | 4.32% | 0.14 times |
| 06 Tue Feb 2024 | 6.95 | 6.95 to 6.95 | 4.51% | 0.27 times |
| 05 Mon Feb 2024 | 6.65 | 6.15 to 6.65 | 4.72% | 1.41 times |
| 02 Fri Feb 2024 | 6.35 | 6.35 to 6.35 | 4.96% | 0.1 times |
| 01 Thu Feb 2024 | 6.05 | 6.05 to 6.05 | 4.31% | 0.11 times |
| 31 Wed Jan 2024 | 5.80 | 5.80 to 5.80 | 4.5% | 0.14 times |
| 30 Tue Jan 2024 | 5.55 | 5.55 to 5.55 | -47.39% | 0.19 times |
| 29 Mon Jan 2024 | 10.55 | 9.65 to 10.55 | 4.98% | 5.61 times |
| 25 Thu Jan 2024 | 10.05 | 10.05 to 10.05 | 4.69% | 0.41 times |
| 24 Wed Jan 2024 | 9.60 | 9.15 to 9.60 | 4.92% | 0.57 times |
| 23 Tue Jan 2024 | 9.15 | 9.10 to 9.15 | 4.57% | 1.19 times |
| 22 Mon Jan 2024 | 8.75 | 8.55 to 8.75 | 4.79% | 0.77 times |
Technical analysis forecast for Kanani Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Kanani Industries Limited KANANIIND at this time. Stock is falling and might fall more.
It appears as if Kanani Industries Limited KANANIIND gave a large move recently.
Stock of Kanani Industries Limited (KANANIIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Kanani Industries Limited is bearish for shortterm, and stock might move down till 6.3 or till 4.6. Use a stoploss of 7.62 and if the stock hits stoploss, then it can shoot up till 8.98