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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.

10 day averaged volume of Anik Industries is 23249

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 13.95 14.90 14.90 13.35 1.905 times
13 Tue Apr 2021 13.95 13.80 14.90 13.35 0.522 times
12 Mon Apr 2021 14.10 14.85 15.65 13.85 0.985 times
09 Fri Apr 2021 15.30 15.25 15.85 14.95 1.3 times
08 Thu Apr 2021 14.95 13.90 15.45 13.90 1.015 times
07 Wed Apr 2021 14.30 13.90 14.45 13.50 0.588 times
06 Tue Apr 2021 13.90 14.00 14.85 13.75 1.158 times
05 Mon Apr 2021 14.45 15.55 15.60 14.25 0.762 times
01 Thu Apr 2021 15.00 14.70 15.00 14.15 1.452 times
31 Wed Mar 2021 14.30 15.00 15.10 14.20 0.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.3, but if it comes above 14.3, then a intra day buy could be more profitable.
If you take a sell trade below 14.3, then use 14.3 as stoploss and 13.1 as target. However if you take a buy trade in stock , then use 14.3 as stoploss and 15.23 as target.

Share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Target 10.70
Downside Target 11.10
Downside Target 12.50
Downside Target 13.35
Upside Target 14.15
Upside Target 15.15
Upside Target 15.65
Upside Target 15.85
Upside Target 16.90
Upside Target 17.50
Upside Target 17.90
Upside Target 18.05
Upside Target 24.55

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Intraday Target 12.98
Downside Intraday Target 12.02
Upside Intraday Target 15.28
Upside Intraday Target 16.62
Upside Intraday Target 14.32

Weekly technical analysis of Anik Industries (ANIKINDS)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 13.95 14.85 15.65 13.35 0.708 times
09 Fri Apr 2021 15.30 15.55 15.85 13.50 1.313 times
01 Thu Apr 2021 15.00 15.40 15.80 14.15 1.995 times
26 Fri Mar 2021 15.40 15.90 16.90 15.15 0.32 times
19 Fri Mar 2021 16.20 16.90 17.50 15.30 2.714 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
15 Thu Apr 2021 13.95 14.70 15.85 13.35 0.593 times
31 Wed Mar 2021 14.30 17.25 17.90 14.20 0.937 times
25 Thu Feb 2021 17.05 14.40 18.05 13.50 0.278 times
16 Wed Dec 2020 24.55 11.70 24.55 11.10 2.989 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)

Indicator Name Indicator Value Indicator Signal
ADX 16, 24, 21 Sell
MACD -1, -1Sell
Stochastics 24Sell
CCI -89Sell
RSI 46Sell
OBV -47816Sell
VWAP 14Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is gaining momentum.

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

Anik Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Industries in short term

RSI is generating a SELL signal in short term but selling is losing 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 14.45 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 negative.

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

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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