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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 2024-07-25 View latest technical analysis

10 day averaged volume of Anik Industries is 26316

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	70.26	65.20	71.00	65.00	0.44 times
28 Thu Mar 2024	42.45	42.05	43.90	42.00	0.688 times
27 Wed Mar 2024	42.05	43.90	43.90	41.80	1.714 times
26 Tue Mar 2024	43.90	43.70	45.75	42.50	0.684 times
22 Fri Mar 2024	43.80	45.00	46.25	43.55	0.784 times
21 Thu Mar 2024	45.80	44.65	46.65	42.50	1.85 times
20 Wed Mar 2024	44.60	43.00	45.65	43.00	1.726 times
19 Tue Mar 2024	43.65	42.05	45.90	42.05	1.488 times
18 Mon Mar 2024	44.00	45.90	45.90	43.00	0.687 times
15 Fri Mar 2024	43.85	42.20	43.90	42.20	0.278 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.2, for a target of 52.2 or 46.42

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	45.75
Downside Target	49.85
Downside Target	53.25
Downside Target	57.65
Downside Target	62.00
Downside Target	65.00
Upside Target	71.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	66.51
Downside Intraday Target	62.75
Upside Intraday Target	72.51
Upside Intraday Target	74.75
Downside Intraday Target	68.75

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	70.26	65.20	71.00	65.00	0.143 times
28 Thu Mar 2024	42.45	43.70	45.75	41.80	0.472 times
22 Fri Mar 2024	43.80	45.90	46.65	42.05	6.128 times
15 Fri Mar 2024	43.85	46.60	46.60	42.20	2.141 times
07 Thu Mar 2024	46.60	48.45	49.85	46.10	0.233 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
25 Thu Jul 2024	70.26	65.20	71.00	65.00	0.038 times
28 Thu Mar 2024	42.45	47.55	49.85	41.80	0.75 times
29 Thu Feb 2024	47.55	50.00	57.65	47.55	1.126 times
31 Wed Jan 2024	49.20	49.95	53.25	47.50	0.523 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 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_BE) ) based on a short to mid 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_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 gaining momentum.

MACD generated a BUY signal for Anik Industries in short term and the buy signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Anik Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.04 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.