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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 2024-07-29 View latest technical analysis

10 day averaged volume of Anik Industries is 28071

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	69.56	67.55	70.90	66.80	1.314 times
26 Fri Jul 2024	70.32	73.60	73.60	68.05	0.567 times
25 Thu Jul 2024	70.26	65.20	71.00	65.00	0.412 times
28 Thu Mar 2024	42.45	42.05	43.90	42.00	0.645 times
27 Wed Mar 2024	42.05	43.90	43.90	41.80	1.607 times
26 Tue Mar 2024	43.90	43.70	45.75	42.50	0.642 times
22 Fri Mar 2024	43.80	45.00	46.25	43.55	0.735 times
21 Thu Mar 2024	45.80	44.65	46.65	42.50	1.734 times
20 Wed Mar 2024	44.60	43.00	45.65	43.00	1.618 times
19 Tue Mar 2024	43.65	42.05	45.90	42.05	1.395 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 68.8, for a target of 57.8 or 48.61

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
Downside Target	66.80
Upside Target	70.90
Upside Target	73.60

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	67.27
Downside Intraday Target	64.99
Upside Intraday Target	71.37
Upside Intraday Target	73.19
Downside Intraday Target	69.09

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	69.56	67.55	70.90	66.80	1.341 times
26 Fri Jul 2024	70.32	65.20	73.60	65.00	0.339 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

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
29 Mon Jul 2024	69.56	65.20	73.60	65.00	0.214 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Anik Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 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

Although the stock is in the BUY zone, but buying 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 49.49 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.