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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 2024-10-03 View latest technical analysis

10 day averaged volume of Anik Industries is 6990

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	76.55	76.51	76.55	76.51	1.59 times
01 Tue Oct 2024	76.51	76.21	76.51	76.21	0.794 times
30 Mon Sep 2024	77.77	79.36	79.36	77.77	0.3 times
27 Fri Sep 2024	79.36	79.46	80.00	79.36	0.74 times
26 Thu Sep 2024	80.98	81.00	81.25	80.98	0.89 times
25 Wed Sep 2024	80.00	79.00	80.00	78.40	1.842 times
24 Tue Sep 2024	80.00	79.50	80.00	79.50	1.956 times
23 Mon Sep 2024	80.99	80.99	80.99	80.99	0.769 times
20 Fri Sep 2024	82.65	82.65	82.65	82.65	1.679 times
19 Thu Sep 2024	84.34	84.34	84.34	84.34	0.252 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.8, but if it comes above 78.8, then a intra day buy could be more profitable.
If you take a sell trade below 78.8, then use 78.8 as stoploss and 72.2 as target. However if you take a buy trade in stock , then use 78.8 as stoploss and 84.33 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	49.85
Downside Target	65.00
Downside Target	73.60
Downside Target	76.21
Upside Target	78.40
Upside Target	81.00
Upside Target	82.65
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	75.39
Downside Intraday Target	74.22
Upside Intraday Target	78.54
Upside Intraday Target	80.52
Upside Intraday Target	77.37

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	76.55	79.36	79.36	76.21	0.433 times
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

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
03 Thu Oct 2024	76.55	76.21	76.55	76.21	0.043 times
30 Mon Sep 2024	77.77	78.00	95.91	74.13	0.723 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Anik Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 79.79 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.