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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 2024-09-17 View latest technical analysis

10 day averaged volume of Anik Industries is 30905

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	87.83	87.83	87.83	87.83	0.041 times
16 Mon Sep 2024	89.63	89.65	89.65	89.63	0.101 times
13 Fri Sep 2024	91.46	91.46	91.46	91.46	0.105 times
12 Thu Sep 2024	93.33	95.00	95.00	93.33	0.271 times
11 Wed Sep 2024	95.24	91.94	95.91	91.94	1.572 times
10 Tue Sep 2024	91.35	90.00	91.35	86.00	1.163 times
09 Mon Sep 2024	87.00	83.93	88.12	81.00	2.044 times
06 Fri Sep 2024	83.93	84.00	85.63	81.56	2.117 times
05 Thu Sep 2024	81.56	78.00	81.67	78.00	1.427 times
04 Wed Sep 2024	77.79	74.13	78.50	74.13	0.298 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 89.3 as stoploss in an intra day sell trade for a target of 82.03. However, stock will show a bullish move above 89.3.

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	73.50
Downside Target	81.00
Downside Target	83.60
Downside Target	85.63
Downside Target	87.83
Upside Target	89.65
Upside Target	95.91

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	87.22
Downside Intraday Target	86.62
Upside Intraday Target	89.04
Upside Intraday Target	90.26
Upside Intraday Target	88.44

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	87.83	89.65	89.65	87.83	0.028 times
13 Fri Sep 2024	91.46	83.93	95.91	81.00	0.984 times
06 Fri Sep 2024	83.93	78.00	85.63	74.13	0.508 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

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
17 Tue Sep 2024	87.83	78.00	95.91	74.13	0.604 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 up 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

Anik Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 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 87.38 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.