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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 2024-10-24 View latest technical analysis

10 day averaged volume of Anik Industries is 11911

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	79.27	78.80	81.00	76.10	0.768 times
23 Wed Oct 2024	78.82	78.00	81.00	78.00	0.919 times
22 Tue Oct 2024	78.94	81.15	81.15	78.66	2.407 times
21 Mon Oct 2024	82.80	84.51	84.51	80.00	4.807 times
18 Fri Oct 2024	80.49	79.05	80.63	79.00	0.418 times
17 Thu Oct 2024	79.05	76.00	79.05	76.00	0.558 times
16 Wed Oct 2024	77.50	79.10	79.10	77.50	0.131 times
15 Tue Oct 2024	79.03	79.03	79.03	79.03	0.116 times
14 Mon Oct 2024	77.49	77.49	77.49	77.48	0.377 times
11 Fri Oct 2024	75.98	74.50	75.98	74.50	0.19 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 80.1 as stoploss in an intra day sell trade for a target of 77.49. However, stock will show a bullish move above 80.1.

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
Downside Target	78.40
Upside Target	79.36
Upside Target	80.63
Upside Target	81.25
Upside Target	83.60
Upside Target	84.51
Upside Target	95.91

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	75.41
Downside Intraday Target	71.55
Upside Intraday Target	83.82
Upside Intraday Target	88.37
Upside Intraday Target	79.96

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	79.27	84.51	84.51	76.10	5.563 times
18 Fri Oct 2024	80.49	77.49	80.63	76.00	1.187 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

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
24 Thu Oct 2024	79.27	76.21	84.51	72.22	0.421 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 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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

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

Although the stock is in the BUY zone, but buying 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 80.63 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.