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 2024-08-27 View latest technical analysis

10 day averaged volume of Anik Industries is 20904

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	79.62	79.30	79.62	76.70	2.215 times
26 Mon Aug 2024	75.83	74.54	75.86	74.54	4.47 times
23 Fri Aug 2024	72.25	72.40	73.00	70.60	0.564 times
22 Thu Aug 2024	71.67	73.30	73.50	70.00	0.845 times
21 Wed Aug 2024	70.82	70.40	73.45	67.30	1.031 times
20 Tue Aug 2024	70.31	68.70	71.90	66.45	0.634 times
19 Mon Aug 2024	68.61	66.50	68.99	66.50	0.24 times
16 Fri Aug 2024	66.49	67.65	70.75	66.00	0.777 times
14 Wed Aug 2024	67.65	70.50	70.50	66.00	0.351 times
13 Tue Aug 2024	68.40	67.00	68.90	67.00	0.449 times

Stock of Anik Industries (ANIKINDS_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 76.8, for a target of 73.2 or 70.13

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
Downside Target	72.40
Downside Target	73.50
Downside Target	73.60
Downside Target	74.00
Downside Target	74.54
Downside Target	79.62

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	76.23
Downside Intraday Target	72.85
Upside Intraday Target	81.31
Upside Intraday Target	83.01
Downside Intraday Target	77.93

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	79.62	74.54	79.62	74.54	2.017 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	79.62	74.00	79.62	66.00	3.158 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 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 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 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 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 74.02 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.