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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 2024-02-13 View latest technical analysis

10 day averaged volume of Anik Industries is 33711

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	51.60	51.60	51.60	51.60	0.021 times
12 Mon Feb 2024	52.65	52.65	52.65	52.65	0.255 times
09 Fri Feb 2024	53.70	57.00	57.00	53.00	1.024 times
08 Thu Feb 2024	55.75	57.65	57.65	54.50	1.867 times
07 Wed Feb 2024	54.95	53.25	54.95	52.35	1.337 times
06 Tue Feb 2024	52.35	50.90	52.35	50.80	2.029 times
05 Mon Feb 2024	49.90	49.80	50.45	48.90	1.36 times
02 Fri Feb 2024	49.05	48.00	49.65	48.00	0.75 times
01 Thu Feb 2024	48.40	50.00	50.00	48.00	0.403 times
31 Wed Jan 2024	49.20	49.75	49.95	48.30	0.651 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 52.7 as stoploss in an intra day sell trade for a target of 50.45. However, stock will show a bullish move above 52.7.

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	46.50
Downside Target	47.50
Downside Target	50.80
Upside Target	51.80
Upside Target	52.65
Upside Target	53.25
Upside Target	57.65
Upside Target	58.50
Upside Target	62.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	51.25
Downside Intraday Target	50.9
Upside Intraday Target	52.3
Upside Intraday Target	53
Upside Intraday Target	51.95

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	51.60	52.65	52.65	51.60	0.036 times
09 Fri Feb 2024	53.70	49.80	57.65	48.90	2.843 times
02 Fri Feb 2024	49.05	50.80	50.80	48.00	2.327 times
25 Thu Jan 2024	49.55	50.95	50.95	47.50	0.608 times
19 Fri Jan 2024	48.75	50.50	51.80	48.00	0.787 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
13 Tue Feb 2024	51.60	50.00	57.65	48.00	0.857 times
31 Wed Jan 2024	49.20	49.95	53.25	47.50	0.523 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

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 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_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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Anik Industries in short term and the buy signal is strong.

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 coming down

CCI has generated a SELL signal for Anik Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 52.54 and Anik Industries (ANIKINDS_BE) 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_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.