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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 2024-10-16 View latest technical analysis

10 day averaged volume of Anik Industries is 4496

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	77.50	79.10	79.10	77.50	0.347 times
15 Tue Oct 2024	79.03	79.03	79.03	79.03	0.306 times
14 Mon Oct 2024	77.49	77.49	77.49	77.48	0.999 times
11 Fri Oct 2024	75.98	74.50	75.98	74.50	0.504 times
10 Thu Oct 2024	74.50	73.66	74.50	73.66	0.203 times
09 Wed Oct 2024	73.66	72.30	73.66	72.30	0.545 times
08 Tue Oct 2024	72.22	72.22	72.22	72.22	0.458 times
07 Mon Oct 2024	73.70	76.00	76.00	73.70	1.861 times
04 Fri Oct 2024	75.10	77.00	78.00	75.10	1.418 times
03 Thu Oct 2024	76.55	76.51	76.55	76.51	2.472 times

My analysis of stock is bearish for shortterm, and stock might move down till 74.6 or till 70.4. Use a stoploss of 78.22 and if the stock hits stoploss, then it can shoot up till 81.79

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	72.22
Upside Target	79.10
Upside Target	79.36
Upside Target	81.25
Upside Target	82.65
Upside Target	83.60
Upside Target	89.65
Upside Target	95.91

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	76.95
Downside Intraday Target	76.41
Upside Intraday Target	78.57
Upside Intraday Target	79.65
Upside Intraday Target	78.03

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	77.50	77.49	79.10	77.48	0.463 times
11 Fri Oct 2024	75.98	76.00	76.00	72.22	0.639 times
04 Fri Oct 2024	75.10	79.36	79.36	75.10	0.58 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

Price has moved up 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
16 Wed Oct 2024	77.50	76.21	79.10	72.22	0.119 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 red color and prices are below the red 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 negative zone. This is the SELL 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 75.5 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 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 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.