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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 2024-04-02 View latest technical analysis

10 day averaged volume of Anik Industries is 118505

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	46.30	44.00	46.65	43.50	0.152 times
01 Mon Apr 2024	44.55	44.00	44.55	42.10	0.058 times
29 Wed Nov 2023	60.05	65.30	65.30	59.55	1.331 times
28 Tue Nov 2023	62.65	62.65	62.65	61.05	1.039 times
24 Fri Nov 2023	59.70	59.70	59.70	57.40	1.458 times
23 Thu Nov 2023	56.90	55.30	56.90	54.90	0.599 times
22 Wed Nov 2023	54.20	49.50	54.20	49.10	1.39 times
21 Tue Nov 2023	51.65	56.75	56.75	51.65	1.063 times
20 Mon Nov 2023	54.35	54.50	54.50	52.15	1.849 times
17 Fri Nov 2023	51.95	50.00	51.95	49.50	0.639 times

My analysis of stock is bearish for shortterm, and stock might move down till 42 or till 33.6. Use a stoploss of 49.01 and if the stock hits stoploss, then it can shoot up till 56.03

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.00
Downside Target	31.05
Downside Target	32.60
Downside Target	36.50
Downside Target	41.05
Downside Target	42.10
Downside Target	44.80
Upside Target	46.65
Upside Target	48.15
Upside Target	51.95
Upside Target	59.55
Upside Target	59.70
Upside Target	65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	43.38
Downside Intraday Target	40.47
Upside Intraday Target	47.93
Upside Intraday Target	49.57
Downside Intraday Target	45.02

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	46.30	44.00	46.65	42.10	0.088 times
29 Wed Nov 2023	60.05	62.65	65.30	59.55	0.373 times
24 Fri Nov 2023	59.70	54.50	59.70	49.10	2.084 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

Price has moved down 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
02 Tue Apr 2024	46.30	44.00	46.65	42.10	0.013 times
29 Wed Nov 2023	60.05	48.15	65.30	41.05	0.486 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

Scroll below to view daily charts

Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Anik Industries in short term but the sell signal is initial and weak.

Anik 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 Anik 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 56.35 and Anik Industries (ANIKINDS) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.