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Acknit Industries Limited

ACKNIT.BO•BSE
Consumer Cyclical
Apparel - Footwear & Accessories
₹270.20
₹1.05(0.39%)
Indian Market opens in 5h 4m

Acknit Industries Limited (ACKNIT.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Acknit Industries Limited (BSE:ACKNIT.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ACKNIT.BO Technical Analysis Summary

Acknit Industries Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.67)
Trend Strength:Moderate (ADX: 26.06)
Volatility:High (ATR: 17.83)
Support/Resistance:$252.36 – $286.18 (Bollinger Bands)

This mix signals that Acknit Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.67

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 52.41

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.93

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.20

Bullish
Steady upward momentum.

Takeaway:Acknit Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 2.32

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.06

Moderate
Moderate trend, direction gaining strength.

ATR (14): 17.83

Rising
Rising volatility, market activity increasing.

CCI (14): 49.77

Bullish
Bullish, momentum building upward.

Takeaway:Acknit Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$286.18
Middle Band (SMA 20)
$269.27
Lower Band
$252.36
Current Position
Within Bands

Takeaway:Acknit Industries Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$303.26
Middle Line (EMA 20)
$267.59
Lower Channel
$231.93
Squeeze Status
Squeeze On

Takeaway:Acknit Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.65K
Money Flow Index28.58Bearish, selling pressure outweighs inflows.
Relative Vigor Index41.65Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ACKNIT.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Acknit Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Acknit Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

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