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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 2024-07-10 View latest technical analysis

10 day averaged volume of Anik Industries is 55047

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	56.00	56.81	60.00	55.07	3.074 times
09 Tue Jul 2024	55.07	54.56	58.50	54.56	2.632 times
08 Mon Jul 2024	55.29	53.30	57.28	51.48	3.533 times
05 Fri Jul 2024	52.08	51.74	52.49	50.51	0.549 times
04 Thu Jul 2024	51.65	51.60	52.80	51.12	0.224 times
03 Wed Jul 2024	51.92	51.98	53.35	50.26	0.918 times
02 Tue Jul 2024	51.06	51.35	52.47	50.33	0.212 times
01 Mon Jul 2024	51.25	50.00	53.51	49.81	0.569 times
28 Fri Jun 2024	50.25	51.90	53.05	49.30	0.919 times
27 Thu Jun 2024	51.76	52.75	52.88	51.02	0.302 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 56.6, for a target of 54.2 or 52.15

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	51.48
Downside Target	52.88
Upside Target	56.80
Upside Target	57.92
Upside Target	60.00
Upside Target	60.90
Upside Target	65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type	Value
Downside Intraday Target	51.65
Downside Intraday Target	47.31
Upside Intraday Target	60.17
Upside Intraday Target	64.35
Downside Intraday Target	55.83

Weekly technical analysis of Anik Industries (ANIKINDS)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	56.00	53.30	60.00	51.48	3.737 times
05 Fri Jul 2024	52.08	50.00	53.51	49.81	0.856 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Anik Industries (ANIKINDS)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	56.00	50.00	60.00	49.81	1.018 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY 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

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 54.29 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.