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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 2024-08-23 View latest technical analysis

10 day averaged volume of Anik Industries is 12349

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	72.25	72.40	73.00	70.60	0.955 times
22 Thu Aug 2024	71.67	73.30	73.50	70.00	1.431 times
21 Wed Aug 2024	70.82	70.40	73.45	67.30	1.745 times
20 Tue Aug 2024	70.31	68.70	71.90	66.45	1.072 times
19 Mon Aug 2024	68.61	66.50	68.99	66.50	0.406 times
16 Fri Aug 2024	66.49	67.65	70.75	66.00	1.315 times
14 Wed Aug 2024	67.65	70.50	70.50	66.00	0.594 times
13 Tue Aug 2024	68.40	67.00	68.90	67.00	0.76 times
12 Mon Aug 2024	67.93	66.90	68.84	66.85	1.082 times
09 Fri Aug 2024	66.90	70.45	70.45	66.10	0.549 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 72.9, for a target of 71 or 69.35

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	47.50
Downside Target	49.85
Downside Target	53.25
Downside Target	57.65
Downside Target	65.00
Downside Target	70.75
Upside Target	72.40
Upside Target	73.50
Upside Target	73.60
Upside Target	74.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	67.97
Downside Intraday Target	63.68
Upside Intraday Target	75.02
Upside Intraday Target	77.78
Downside Intraday Target	70.73

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	72.25	66.50	73.50	66.45	1.496 times
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

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
23 Fri Aug 2024	72.25	74.00	74.00	66.00	1.933 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 up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

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 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 and BUY 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

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 69.45 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.