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

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

Showing technical analysis as on 2024-01-04 View latest technical analysis

10 day averaged volume of Anik Industries is 32291

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	51.50	52.40	52.40	50.60	0.546 times
03 Wed Jan 2024	51.55	51.90	52.95	49.00	1.433 times
02 Tue Jan 2024	50.90	53.25	53.25	50.70	0.749 times
01 Mon Jan 2024	50.90	49.95	51.30	49.35	0.576 times
29 Fri Dec 2023	49.30	48.15	49.60	48.00	0.509 times
28 Thu Dec 2023	48.25	48.60	48.60	47.65	0.824 times
27 Wed Dec 2023	47.55	48.50	48.50	46.50	0.876 times
26 Tue Dec 2023	47.25	47.40	48.80	47.05	0.823 times
22 Fri Dec 2023	47.50	49.00	49.00	47.20	0.953 times
21 Thu Dec 2023	49.20	48.15	50.85	48.00	2.393 times

My analysis of stock is bearish for shortterm, and stock might move down till 48.9 or till 45.7. Use a stoploss of 51.62 and if the stock hits stoploss, then it can shoot up till 54.32

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	34.10
Downside Target	37.45
Downside Target	41.50
Downside Target	44.40
Downside Target	46.50
Downside Target	49.00
Upside Target	53.00
Upside Target	53.60
Upside Target	55.35
Upside Target	57.40
Upside Target	58.50
Upside Target	62.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	49.25
Downside Intraday Target	47
Upside Intraday Target	53.5
Upside Intraday Target	55.5
Downside Intraday Target	51.25

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	51.50	49.95	53.25	49.00	1.089 times
29 Fri Dec 2023	49.30	47.40	49.60	46.50	0.582 times
22 Fri Dec 2023	47.50	53.80	55.35	47.20	2.153 times
15 Fri Dec 2023	53.80	55.00	57.40	53.00	0.443 times
08 Fri Dec 2023	54.70	57.55	62.00	53.60	0.645 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	51.50	49.95	53.25	49.00	0.157 times
29 Fri Dec 2023	49.30	54.20	62.00	46.50	1.298 times
30 Thu Nov 2023	57.05	39.00	58.50	37.45	1.736 times
31 Tue Oct 2023	38.25	39.00	41.50	34.10	0.512 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_BE)

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Anik Industries stock for short term is BUY. Signal strength is Weak and stock is gaining 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 coming down

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

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 49.35 and Anik Industries (ANIKINDS_BE) 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_BE) stock. Volume based technical analysis of Anik Industries (ANIKINDS_BE) 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.