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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 2024-06-03 View latest technical analysis

10 day averaged volume of Anik Industries is 10413

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	48.35	48.10	49.80	46.85	1.387 times
31 Fri May 2024	47.50	50.90	50.90	46.00	1.906 times
30 Thu May 2024	50.10	49.65	50.50	48.10	0.358 times
29 Wed May 2024	50.00	49.90	50.00	49.20	0.781 times
28 Tue May 2024	49.80	53.00	53.00	49.45	0.586 times
27 Mon May 2024	50.95	49.00	52.50	47.35	1.739 times
24 Fri May 2024	49.70	51.20	51.25	49.20	0.497 times
23 Thu May 2024	50.00	48.95	51.65	48.95	0.989 times
22 Wed May 2024	49.70	51.75	51.80	49.05	1.172 times
21 Tue May 2024	50.55	51.40	53.10	50.10	1.717 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.4, but if it comes above 49.4, then a intra day buy could be more profitable.
If you take a sell trade below 49.4, then use 49.4 as stoploss and 47.6 as target. However if you take a buy trade in stock , then use 49.4 as stoploss and 50.89 as target.

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.25
Downside Target	41.05
Downside Target	42.10
Downside Target	44.80
Downside Target	46.00
Upside Target	48.95
Upside Target	53.00
Upside Target	53.10
Upside Target	54.95
Upside Target	55.45
Upside Target	56.80
Upside Target	60.90
Upside Target	65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	46.87
Downside Intraday Target	45.38
Upside Intraday Target	49.82
Upside Intraday Target	51.28
Downside Intraday Target	48.33

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	48.35	48.10	49.80	46.85	0.258 times
31 Fri May 2024	47.50	49.00	53.00	46.00	1.227 times
24 Fri May 2024	49.70	51.40	53.10	48.95	0.965 times
18 Sat May 2024	51.95	54.80	54.95	49.90	0.494 times
10 Fri May 2024	51.30	54.20	55.45	49.10	0.988 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)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	48.35	48.10	49.80	46.85	0.052 times
31 Fri May 2024	47.50	54.40	56.80	46.00	0.241 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

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)

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short 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) ) 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) ) 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 Strong and stock is gaining momentum.

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 49.55 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 negative.

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