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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 2024-06-18 View latest technical analysis

10 day averaged volume of Anik Industries is 19845

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	53.54	57.92	57.92	53.15	5.677 times
14 Fri Jun 2024	52.88	50.40	52.88	48.12	3.713 times
13 Thu Jun 2024	48.08	47.60	49.46	47.41	0.345 times
12 Wed Jun 2024	47.74	48.83	49.80	47.60	1.211 times
11 Tue Jun 2024	48.84	49.22	49.80	48.00	0.422 times
10 Mon Jun 2024	48.83	50.00	50.00	48.20	0.425 times
07 Fri Jun 2024	49.10	48.90	49.75	47.90	0.435 times
06 Thu Jun 2024	47.65	46.30	47.85	44.35	0.718 times
05 Wed Jun 2024	44.30	46.70	46.90	41.60	1.091 times
04 Tue Jun 2024	45.95	49.10	49.10	44.00	0.912 times

Stock of Anik Industries (ANIKINDS) has showed a significant upmove. This could be a good time to enter in this stock!

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 53.7, for a target of 51.2 or 49.18

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
Downside Target	48.95
Downside Target	52.88
Downside Target	53.15
Upside Target	56.80
Upside Target	57.92
Upside Target	60.90
Upside Target	65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	51.82
Downside Intraday Target	50.1
Upside Intraday Target	56.59
Upside Intraday Target	59.64
Upside Intraday Target	54.87

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	53.54	57.92	57.92	53.15	0.928 times
14 Fri Jun 2024	52.88	50.00	52.88	47.41	1.574 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

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
18 Tue Jun 2024	53.54	48.10	57.92	41.60	1.112 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 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) ) 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 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) ) 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Anik Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.96 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 rising upwards.

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 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.