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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 2024-08-16 View latest technical analysis

10 day averaged volume of Anik Industries is 13494

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	66.49	67.65	70.75	66.00	1.203 times
14 Wed Aug 2024	67.65	70.50	70.50	66.00	0.544 times
13 Tue Aug 2024	68.40	67.00	68.90	67.00	0.696 times
12 Mon Aug 2024	67.93	66.90	68.84	66.85	0.991 times
09 Fri Aug 2024	66.90	70.45	70.45	66.10	0.502 times
08 Thu Aug 2024	68.62	71.50	71.50	66.10	0.957 times
07 Wed Aug 2024	68.79	69.00	69.00	67.00	0.256 times
06 Tue Aug 2024	68.00	66.05	71.35	66.05	0.627 times
05 Mon Aug 2024	69.13	72.40	72.40	68.00	3.783 times
02 Fri Aug 2024	70.94	68.30	73.98	68.06	0.879 times

My analysis of stock is bullish for shortterm, and stock might move up till 74.2 or till 86.8. Use a stoploss of 63.79 and if this stock hits its stoploss, then it can fall down till 53.33

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	70.75
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	64.74
Downside Intraday Target	63
Upside Intraday Target	69.49
Upside Intraday Target	72.5
Upside Intraday Target	67.75

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	66.49	66.90	70.75	66.00	0.56 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 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 Fri Aug 2024	66.49	74.00	74.00	66.00	1.325 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a mid to longer 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

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 SELL signal for Anik Industries in short term but the sell signal is initial and weak.

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 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 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 68.51 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.