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

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

Anik Industries trades in NSE in Other Agricultural Products sector.

Showing technical analysis as on 2023-11-22 View latest technical analysis

10 day averaged volume of Anik Industries is 94818

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	54.20	49.50	54.20	49.10	1.737 times
21 Tue Nov 2023	51.65	56.75	56.75	51.65	1.329 times
20 Mon Nov 2023	54.35	54.50	54.50	52.15	2.31 times
17 Fri Nov 2023	51.95	50.00	51.95	49.50	0.799 times
16 Thu Nov 2023	49.50	49.00	49.50	48.75	0.718 times
15 Wed Nov 2023	47.15	45.40	47.15	44.15	0.949 times
13 Mon Nov 2023	44.95	44.30	44.95	42.15	1.155 times
12 Sun Nov 2023	42.85	43.00	43.80	41.05	0.191 times
10 Fri Nov 2023	42.35	42.35	43.50	42.35	1.052 times
09 Thu Nov 2023	44.55	46.00	46.00	43.05	0.808 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 55.9, for a target of 49.9 or 44.85

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.00
Downside Target	32.60
Downside Target	34.00
Downside Target	36.50
Downside Target	37.30
Downside Target	41.05
Downside Target	43.60
Downside Target	44.80
Downside Target	48.15
Downside Target	49.10
Downside Target	51.95
Upside Target	56.75

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	49.95
Downside Intraday Target	45.7
Upside Intraday Target	57.6
Upside Intraday Target	61
Downside Intraday Target	53.35

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	54.20	54.50	56.75	49.10	1.41 times
17 Fri Nov 2023	51.95	43.00	51.95	41.05	0.619 times
10 Fri Nov 2023	42.35	38.30	48.15	36.55	0.715 times
11 Fri Aug 2023	38.50	40.75	44.80	37.30	0.262 times
04 Fri Aug 2023	41.05	30.65	43.60	30.05	27.357 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 Anik Industries (ANIKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Nov 2023	54.20	48.15	56.75	41.05	0.353 times
14 Mon Aug 2023	37.15	30.40	44.80	30.25	5.366 times
31 Mon Jul 2023	30.15	31.60	32.60	30.00	0.664 times
30 Fri Jun 2023	31.60	32.40	36.50	31.05	2.185 times

Scroll below to view daily charts

Price has moved up 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 Anik Industries (ANIKINDS)

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Anik Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Anik Industries in short term and the buy signal is strong.

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

Anik Industries 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 moving up

CCI has generated a SELL signal for Anik Industries in short term but SELL signal is weak.

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

Stock of Anik Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.85 and Anik Industries (ANIKINDS) 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 Anik Industries (ANIKINDS) stock. Volume based technical analysis of Anik Industries (ANIKINDS) stock is negative.

Anik Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.