Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ANIKINDS_BE) Anik Industries complete technical analysis [charts+indicators] | Buy/Sell Anik Industries | (ANIKINDS_BE) share price targets

Complete technical analysis of Anik Industries (ANIKINDS_BE) by charts plus indicators, forecast predictions and share price targets for Anik Industries (ANIKINDS_BE)

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Anik Industries is 8133

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	44.80	45.20	45.20	44.80	0.556 times
11 Mon Mar 2024	45.70	46.60	46.60	45.70	1.608 times
07 Thu Mar 2024	46.60	46.10	47.30	46.10	0.26 times
06 Wed Mar 2024	47.05	48.00	48.00	47.05	0.612 times
05 Tue Mar 2024	48.00	49.85	49.85	48.00	0.041 times
04 Mon Mar 2024	48.95	48.45	48.95	48.45	0.699 times
02 Sat Mar 2024	48.00	48.00	48.00	48.00	0.006 times
01 Fri Mar 2024	48.00	47.55	48.00	47.50	0.787 times
29 Thu Feb 2024	47.55	48.50	48.50	47.55	3.9 times
28 Wed Feb 2024	48.50	48.00	48.50	47.55	1.272 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.1, for a target of 47 or 48.5

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	37.45
Downside Target	44.80
Upside Target	46.10
Upside Target	49.00
Upside Target	49.85
Upside Target	50.10
Upside Target	50.50
Upside Target	52.65
Upside Target	53.25
Upside Target	57.65
Upside Target	58.50
Upside Target	62.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	44.2
Downside Intraday Target	43.6
Upside Intraday Target	46
Upside Intraday Target	47.2
Upside Intraday Target	45.4

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	44.80	46.60	46.60	44.80	1.343 times
07 Thu Mar 2024	46.60	48.45	49.85	46.10	0.233 times
02 Sat Mar 2024	48.00	50.10	50.10	47.50	1.807 times
23 Fri Feb 2024	50.15	50.45	50.50	49.00	1.276 times
16 Fri Feb 2024	49.50	52.65	52.65	49.50	0.095 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	44.80	47.55	49.85	44.80	0.093 times
29 Thu Feb 2024	47.55	50.00	57.65	47.55	1.126 times
31 Wed Jan 2024	49.20	49.95	53.25	47.50	0.523 times
29 Fri Dec 2023	49.30	54.20	62.00	46.50	1.298 times

Scroll below to view daily charts

Price has moved down 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_BE)

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Industries in short term and SELL 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 47.29 and Anik Industries (ANIKINDS_BE) 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_BE) stock. Volume based technical analysis of Anik Industries (ANIKINDS_BE) 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.