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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 2024-01-16 View latest technical analysis

10 day averaged volume of Anik Industries is 19582

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	50.45	51.50	51.80	50.40	0.653 times
15 Mon Jan 2024	51.00	50.50	51.50	50.40	0.642 times
12 Fri Jan 2024	50.70	50.95	51.30	50.05	1.083 times
11 Thu Jan 2024	49.90	50.90	52.40	49.60	1.313 times
10 Wed Jan 2024	51.20	49.70	51.50	49.30	0.553 times
09 Tue Jan 2024	49.90	51.00	51.00	49.80	0.487 times
08 Mon Jan 2024	50.25	51.40	51.70	50.00	0.705 times
05 Fri Jan 2024	50.65	50.25	51.90	50.00	0.719 times
04 Thu Jan 2024	51.50	52.40	52.40	50.60	0.9 times
03 Wed Jan 2024	51.55	51.90	52.95	49.00	2.364 times

My analysis of stock is bullish for shortterm, and stock might move up till 51.6 or till 53.3. Use a stoploss of 50.08 and if this stock hits its stoploss, then it can fall down till 48.6

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	51.80
Upside Target	52.40
Upside Target	53.25
Upside Target	55.35
Upside Target	58.50
Upside Target	62.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	49.97
Downside Intraday Target	49.48
Upside Intraday Target	51.37
Upside Intraday Target	52.28
Upside Intraday Target	50.88

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	50.45	50.50	51.80	50.40	0.313 times
12 Fri Jan 2024	50.70	51.40	52.40	49.30	0.671 times
05 Fri Jan 2024	50.65	49.95	53.25	49.00	1.233 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	50.45	49.95	53.25	49.00	0.334 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) 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_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.

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 weakening, and bulls are picking up momentum!

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

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