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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 2024-06-13 View latest technical analysis

10 day averaged volume of Anik Industries is 14149

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	48.08	47.60	49.46	47.41	0.484 times
12 Wed Jun 2024	47.74	48.83	49.80	47.60	1.698 times
11 Tue Jun 2024	48.84	49.22	49.80	48.00	0.591 times
10 Mon Jun 2024	48.83	50.00	50.00	48.20	0.596 times
07 Fri Jun 2024	49.10	48.90	49.75	47.90	0.611 times
06 Thu Jun 2024	47.65	46.30	47.85	44.35	1.008 times
05 Wed Jun 2024	44.30	46.70	46.90	41.60	1.53 times
04 Tue Jun 2024	45.95	49.10	49.10	44.00	1.279 times
03 Mon Jun 2024	48.35	48.10	49.80	46.85	1.021 times
31 Fri May 2024	47.50	50.90	50.90	46.00	1.403 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 47.2 as stoploss in an intra day buy trade for a target of 49.06. However, stock will show a bearish move below 47.2.

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	30.25
Downside Target	41.05
Downside Target	44.80
Downside Target	46.00
Downside Target	47.41
Upside Target	48.95
Upside Target	50.00
Upside Target	53.00
Upside Target	53.10
Upside Target	54.95
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	46.99
Downside Intraday Target	45.91
Upside Intraday Target	49.58
Upside Intraday Target	51.09
Upside Intraday Target	48.5

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	48.08	50.00	50.00	47.41	0.618 times
07 Fri Jun 2024	49.10	48.10	49.80	41.60	1.379 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

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
13 Thu Jun 2024	48.08	48.10	50.00	41.60	0.446 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 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) ) 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) ) 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 BUY signal for Anik Industries in short term but the buy signal is initial and weak.

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Anik Industries in short term but SELL 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 47.24 and Anik Industries (ANIKINDS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.