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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 2024-04-12 View latest technical analysis

10 day averaged volume of Anik Industries is 84865

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	55.15	54.95	56.40	54.70	0.349 times
10 Wed Apr 2024	54.10	57.80	57.85	53.50	1.184 times
09 Tue Apr 2024	56.80	52.95	57.00	50.60	3.414 times
08 Mon Apr 2024	51.85	54.85	54.85	51.70	0.444 times
05 Fri Apr 2024	52.00	49.25	54.15	49.25	1.045 times
04 Thu Apr 2024	49.25	48.90	50.00	48.20	0.157 times
03 Wed Apr 2024	48.10	46.65	48.45	46.45	0.153 times
02 Tue Apr 2024	46.30	44.00	46.65	43.50	0.212 times
01 Mon Apr 2024	44.55	44.00	44.55	42.10	0.081 times
29 Wed Nov 2023	60.05	65.30	65.30	59.55	1.859 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57.5 as stoploss in an intra day sell trade for a target of 52.56. However, stock will show a bullish move above 57.5.

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
Downside Target	49.10
Downside Target	50.60
Downside Target	51.95
Downside Target	54.15
Upside Target	57.85
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	51.22
Downside Intraday Target	47.28
Upside Intraday Target	58.47
Upside Intraday Target	61.78
Downside Intraday Target	54.53

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	55.15	54.85	57.85	50.60	3.272 times
05 Fri Apr 2024	52.00	44.00	54.15	42.10	0.498 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Anik Industries (ANIKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	55.15	44.00	57.85	42.10	0.312 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 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 SELL signal for Anik Industries in short term but the sell signal is initial and weak.

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

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Anik Industries in short term and BUY signal is strong.

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

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 55.6 and Anik Industries (ANIKINDS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.