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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 2024-09-27 View latest technical analysis

10 day averaged volume of Anik Industries is 6473

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	79.36	79.46	80.00	79.36	0.799 times
26 Thu Sep 2024	80.98	81.00	81.25	80.98	0.961 times
25 Wed Sep 2024	80.00	79.00	80.00	78.40	1.989 times
24 Tue Sep 2024	80.00	79.50	80.00	79.50	2.112 times
23 Mon Sep 2024	80.99	80.99	80.99	80.99	0.83 times
20 Fri Sep 2024	82.65	82.65	82.65	82.65	1.813 times
19 Thu Sep 2024	84.34	84.34	84.34	84.34	0.273 times
18 Wed Sep 2024	86.07	86.07	86.07	86.07	0.842 times
17 Tue Sep 2024	87.83	87.83	87.83	87.83	0.197 times
16 Mon Sep 2024	89.63	89.65	89.65	89.63	0.482 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 79.2 as stoploss in an intra day buy trade for a target of 84.51. However, stock will show a bearish move below 79.2.

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	73.60
Downside Target	78.40
Upside Target	81.00
Upside Target	83.60
Upside Target	85.63
Upside Target	89.65
Upside Target	95.91

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	78.09
Downside Intraday Target	76.82
Upside Intraday Target	80.94
Upside Intraday Target	82.52
Upside Intraday Target	79.67

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	79.36	80.99	81.25	78.40	1.855 times
20 Fri Sep 2024	82.65	89.65	89.65	82.65	0.146 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

Price has moved down 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 Fri Sep 2024	79.36	78.00	95.91	74.13	0.72 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Anik Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Industries in short term and SELL 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 81.8 and Anik Industries (ANIKINDS_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.