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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 2024-12-12 View latest technical analysis

10 day averaged volume of Anik Industries is 10961

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	113.32	113.32	113.32	113.32	0.702 times
11 Wed Dec 2024	111.10	112.00	112.00	110.00	0.263 times
10 Tue Dec 2024	110.16	110.16	110.16	110.16	1.67 times
09 Mon Dec 2024	108.00	106.50	108.50	106.50	0.952 times
06 Fri Dec 2024	108.66	108.66	108.66	108.66	0.507 times
05 Thu Dec 2024	110.88	110.88	112.00	110.88	0.471 times
04 Wed Dec 2024	113.15	113.15	113.15	110.90	2.083 times
03 Tue Dec 2024	110.94	110.94	110.94	110.94	0.858 times
02 Mon Dec 2024	108.77	108.77	108.77	108.77	2.124 times
29 Fri Nov 2024	106.64	106.64	106.64	106.64	0.44 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 110.6, but if it comes below 110.6, then a intra day sell could be more profitable.
If you take a sell trade below 110.6, then use 110.6 as stoploss and 104.92 as target. However if you take a buy trade in stock , then use 110.6 as stoploss and 117.5 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	66.00
Downside Target	72.22
Downside Target	74.13
Downside Target	83.60
Downside Target	90.90
Downside Target	95.91
Downside Target	97.87
Downside Target	103.99
Downside Target	106.50
Downside Target	106.64
Downside Target	108.66
Downside Target	113.15
Downside Target	113.32

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	108.77
Downside Intraday Target	104.23
Upside Intraday Target	115.59
Upside Intraday Target	117.87
Downside Intraday Target	111.05

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	113.32	106.50	113.32	106.50	0.594 times
06 Fri Dec 2024	108.66	108.77	113.15	108.66	2.007 times
29 Fri Nov 2024	106.64	100.20	106.64	99.90	0.959 times
22 Fri Nov 2024	98.25	95.91	98.45	95.91	1.758 times
14 Thu Nov 2024	97.87	103.99	103.99	97.87	0.156 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
12 Thu Dec 2024	113.32	108.77	113.32	106.50	0.443 times
29 Fri Nov 2024	106.64	93.84	106.64	92.00	0.991 times
31 Thu Oct 2024	89.38	76.21	90.90	72.22	0.617 times
30 Mon Sep 2024	77.77	78.00	95.91	74.13	0.723 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 green color and prices are above the green 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 110.4 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 positive

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