Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-12 View latest technical analysis

10 day averaged volume of Anik Industries is 19142

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	67.93	66.90	68.84	66.85	0.698 times
09 Fri Aug 2024	66.90	70.45	70.45	66.10	0.354 times
08 Thu Aug 2024	68.62	71.50	71.50	66.10	0.675 times
07 Wed Aug 2024	68.79	69.00	69.00	67.00	0.18 times
06 Tue Aug 2024	68.00	66.05	71.35	66.05	0.442 times
05 Mon Aug 2024	69.13	72.40	72.40	68.00	2.667 times
02 Fri Aug 2024	70.94	68.30	73.98	68.06	0.62 times
01 Thu Aug 2024	71.34	74.00	74.00	68.15	0.54 times
31 Wed Jul 2024	71.12	67.15	71.58	67.10	2.198 times
30 Tue Jul 2024	68.18	69.20	69.90	67.05	0.397 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 72.6 as stoploss in an intra day sell trade for a target of 60.37. However, stock will show a bullish move above 72.6.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	45.75
Downside Target	47.50
Downside Target	49.85
Downside Target	53.25
Downside Target	57.65
Downside Target	65.00
Upside Target	68.84
Upside Target	72.40
Upside Target	73.60
Upside Target	74.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	66.91
Downside Intraday Target	65.88
Upside Intraday Target	68.9
Upside Intraday Target	69.86
Downside Intraday Target	67.87

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	67.93	66.90	68.84	66.85	0.162 times
09 Fri Aug 2024	66.90	72.40	72.40	66.05	0.76 times
02 Fri Aug 2024	70.94	67.55	74.00	66.80	3.955 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

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
12 Mon Aug 2024	67.93	74.00	74.00	66.05	1.037 times
31 Wed Jul 2024	71.12	65.20	73.60	65.00	0.379 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

Scroll below to view daily charts

Price has moved down 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 69.56 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.