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(ANIKINDS) Anik Industries complete technical analysis [charts+indicators] | Buy/Sell Anik Industries | (ANIKINDS) share price targets

Complete technical analysis of Anik Industries (ANIKINDS) by charts plus indicators, forecast predictions and share price targets for Anik Industries (ANIKINDS)

Anik Industries trades in NSE in Other Agricultural Products sector.

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Anik Industries is 50396

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	53.10	54.40	56.80	52.60	0.416 times
30 Tue Apr 2024	55.10	54.95	59.00	54.50	1.039 times
29 Mon Apr 2024	54.70	56.85	56.85	54.05	0.177 times
26 Fri Apr 2024	54.55	56.45	57.45	53.95	0.618 times
25 Thu Apr 2024	54.75	56.75	57.95	54.00	0.355 times
24 Wed Apr 2024	55.60	54.60	56.30	54.60	0.155 times
23 Tue Apr 2024	55.90	57.45	57.45	55.50	0.299 times
22 Mon Apr 2024	56.75	56.40	59.50	55.05	0.81 times
19 Fri Apr 2024	55.00	55.85	56.20	54.15	0.442 times
18 Thu Apr 2024	56.40	56.65	60.90	55.00	1.675 times

My analysis of stock is bearish for shortterm, and stock might move down till 51 or till 47.3. Use a stoploss of 53.96 and if the stock hits stoploss, then it can shoot up till 56.97

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.00
Downside Target	32.60
Downside Target	41.05
Downside Target	42.10
Downside Target	44.80
Downside Target	50.60
Downside Target	52.55
Upside Target	53.95
Upside Target	56.80
Upside Target	59.00
Upside Target	59.50
Upside Target	60.90
Upside Target	65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	50.8
Downside Intraday Target	48.5
Upside Intraday Target	57.2
Upside Intraday Target	61.3
Upside Intraday Target	54.9

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	53.10	56.85	59.00	52.60	0.729 times
26 Fri Apr 2024	54.55	56.40	59.50	53.95	0.29 times
19 Fri Apr 2024	55.00	53.00	60.90	52.55	0.849 times
12 Fri Apr 2024	55.15	54.85	57.85	50.60	3.272 times
05 Fri Apr 2024	52.00	44.00	54.15	42.10	0.498 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)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	53.10	54.40	56.80	52.60	0.018 times
30 Tue Apr 2024	55.10	44.00	60.90	42.10	0.606 times
29 Wed Nov 2023	60.05	48.15	65.30	41.05	0.486 times
14 Mon Aug 2023	37.15	30.40	44.80	30.25	5.366 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)

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Anik Industries ( (ANIKINDS) ) 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 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 coming down

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 55.5 and Anik Industries (ANIKINDS) 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) stock. Volume based technical analysis of Anik Industries (ANIKINDS) 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.