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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 2024-09-04 View latest technical analysis

10 day averaged volume of Anik Industries is 41305

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	77.79	74.13	78.50	74.13	0.223 times
03 Tue Sep 2024	77.22	80.00	81.00	76.00	0.674 times
02 Mon Sep 2024	79.45	78.00	80.00	77.10	0.373 times
30 Fri Aug 2024	79.57	77.05	81.00	77.00	0.855 times
29 Thu Aug 2024	77.97	76.00	80.80	74.30	1.007 times
28 Wed Aug 2024	77.04	83.58	83.60	75.90	2.473 times
27 Tue Aug 2024	79.62	79.30	79.62	76.70	1.121 times
26 Mon Aug 2024	75.83	74.54	75.86	74.54	2.262 times
23 Fri Aug 2024	72.25	72.40	73.00	70.60	0.286 times
22 Thu Aug 2024	71.67	73.30	73.50	70.00	0.428 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.3, but if it comes below 77.3, then a intra day sell could be more profitable.
If you take a sell trade below 77.3, then use 77.3 as stoploss and 72.65 as target. However if you take a buy trade in stock , then use 77.3 as stoploss and 83 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	74.13
Downside Target	74.30
Upside Target	81.00
Upside Target	83.60

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	74.28
Downside Intraday Target	70.77
Upside Intraday Target	81.15
Upside Intraday Target	84.51
Downside Intraday Target	77.64

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	77.79	78.00	81.00	74.13	0.165 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
04 Wed Sep 2024	77.79	78.00	81.00	74.13	0.097 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 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 SELL signal for Anik Industries in short term but the sell signal is initial and weak.

Anik Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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 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 77.12 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.