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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 2024-09-02 View latest technical analysis

10 day averaged volume of Anik Industries is 38805

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	79.45	78.00	80.00	77.10	0.397 times
30 Fri Aug 2024	79.57	77.05	81.00	77.00	0.91 times
29 Thu Aug 2024	77.97	76.00	80.80	74.30	1.072 times
28 Wed Aug 2024	77.04	83.58	83.60	75.90	2.632 times
27 Tue Aug 2024	79.62	79.30	79.62	76.70	1.193 times
26 Mon Aug 2024	75.83	74.54	75.86	74.54	2.408 times
23 Fri Aug 2024	72.25	72.40	73.00	70.60	0.304 times
22 Thu Aug 2024	71.67	73.30	73.50	70.00	0.455 times
21 Wed Aug 2024	70.82	70.40	73.45	67.30	0.555 times
20 Tue Aug 2024	70.31	68.70	71.90	66.45	0.341 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76.3, but if it comes below 76.3, then a intra day sell could be more profitable.
If you take a sell trade below 76.3, then use 76.3 as stoploss and 71.75 as target. However if you take a buy trade in stock , then use 76.3 as stoploss and 81.7 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	47.55
Downside Target	49.85
Downside Target	57.65
Downside Target	65.00
Downside Target	70.75
Downside Target	72.40
Downside Target	77.10
Upside Target	80.00
Upside Target	83.60

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	77.7
Downside Intraday Target	75.95
Upside Intraday Target	80.6
Upside Intraday Target	81.75
Downside Intraday Target	78.85

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	79.45	78.00	80.00	77.10	0.048 times
30 Fri Aug 2024	79.57	74.54	83.60	74.30	4.601 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

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
02 Mon Sep 2024	79.45	78.00	80.00	77.10	0.029 times
30 Fri Aug 2024	79.57	74.00	83.60	66.00	4.728 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

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 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 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 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 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 but SELL signal is weak.

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 76.53 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.