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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 2024-07-03 View latest technical analysis

10 day averaged volume of Anik Industries is 36505

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	51.92	51.98	53.35	50.26	1.384 times
02 Tue Jul 2024	51.06	51.35	52.47	50.33	0.319 times
01 Mon Jul 2024	51.25	50.00	53.51	49.81	0.858 times
28 Fri Jun 2024	50.25	51.90	53.05	49.30	1.386 times
27 Thu Jun 2024	51.76	52.75	52.88	51.02	0.455 times
26 Wed Jun 2024	52.88	53.99	53.99	52.00	0.215 times
25 Tue Jun 2024	52.82	51.48	53.19	50.25	1.236 times
24 Mon Jun 2024	50.83	50.45	52.00	49.80	1.061 times
21 Fri Jun 2024	51.98	54.99	55.78	51.60	1.131 times
20 Thu Jun 2024	53.07	53.26	54.97	51.49	1.865 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.9 as stoploss in an intra day sell trade for a target of 50.58. However, stock will show a bullish move above 52.9.

Share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Target	41.05
Downside Target	46.00
Downside Target	47.41
Downside Target	49.30
Downside Target	51.49
Upside Target	52.88
Upside Target	53.51
Upside Target	53.99
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	49.98
Downside Intraday Target	48.05
Upside Intraday Target	53.68
Upside Intraday Target	55.45
Downside Intraday Target	51.75

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	51.92	50.00	53.51	49.81	0.588 times
28 Fri Jun 2024	50.25	50.45	53.99	49.30	0.576 times
21 Fri Jun 2024	51.98	57.92	57.92	51.49	2.273 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

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 Wed Jul 2024	51.92	50.00	53.51	49.81	0.148 times
28 Fri Jun 2024	50.25	48.10	57.92	41.60	2.264 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

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 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 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 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) ) based on a mid to longer 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.

ADX buy sell signal for Anik Industries stock for short term is BUY. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 51.83 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 positive

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