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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 2024-10-30 View latest technical analysis

10 day averaged volume of Anik Industries is 15367

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	87.71	84.00	87.71	82.00	1.335 times
29 Tue Oct 2024	83.54	81.90	84.38	80.50	0.175 times
28 Mon Oct 2024	81.55	79.40	83.30	75.50	1.222 times
25 Fri Oct 2024	79.40	78.50	80.45	75.60	0.845 times
24 Thu Oct 2024	79.27	78.80	81.00	76.10	0.595 times
23 Wed Oct 2024	78.82	78.00	81.00	78.00	0.712 times
22 Tue Oct 2024	78.94	81.15	81.15	78.66	1.866 times
21 Mon Oct 2024	82.80	84.51	84.51	80.00	3.726 times
18 Fri Oct 2024	80.49	79.05	80.63	79.00	0.324 times
17 Thu Oct 2024	79.05	76.00	79.05	76.00	0.433 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 86.4, for a target of 82 or 78.37

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	76.00
Downside Target	79.36
Downside Target	80.63
Downside Target	83.60
Downside Target	84.51
Downside Target	87.71
Upside Target	95.91

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	79.57
Downside Intraday Target	71.43
Upside Intraday Target	91.78
Upside Intraday Target	95.85
Downside Intraday Target	83.64

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	87.71	79.40	87.71	75.50	0.353 times
25 Fri Oct 2024	79.40	84.51	84.51	75.60	6.244 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

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
30 Wed Oct 2024	87.71	76.21	87.71	72.22	0.562 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a BUY signal for Anik Industries in short term and the buy signal is strong.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 81.71 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 negative.

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