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(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 2024-08-05 View latest technical analysis

10 day averaged volume of Anik Industries is 21748

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	69.13	72.40	72.40	68.00	2.347 times
02 Fri Aug 2024	70.94	68.30	73.98	68.06	0.545 times
01 Thu Aug 2024	71.34	74.00	74.00	68.15	0.476 times
31 Wed Jul 2024	71.12	67.15	71.58	67.10	1.934 times
30 Tue Jul 2024	68.18	69.20	69.90	67.05	0.35 times
29 Mon Jul 2024	69.56	67.55	70.90	66.80	1.696 times
26 Fri Jul 2024	70.32	73.60	73.60	68.05	0.732 times
25 Thu Jul 2024	70.26	65.20	71.00	65.00	0.532 times
28 Thu Mar 2024	42.45	42.05	43.90	42.00	0.833 times
27 Wed Mar 2024	42.05	43.90	43.90	41.80	2.074 times

Stock of Anik Industries (ANIKINDS_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 67.3, but if it comes below 67.3, then a intra day sell could be more profitable.
If you take a sell trade below 67.3, then use 67.3 as stoploss and 54.34 as target. However if you take a buy trade in stock , then use 67.3 as stoploss and 82.8 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	45.75
Downside Target	49.85
Downside Target	53.25
Downside Target	57.65
Downside Target	65.00
Downside Target	66.80
Downside Target	68.00
Upside Target	72.40
Upside Target	73.60
Upside Target	74.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	67.29
Downside Intraday Target	65.44
Upside Intraday Target	71.69
Upside Intraday Target	74.24
Upside Intraday Target	69.84

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	69.13	72.40	72.40	68.00	0.469 times
02 Fri Aug 2024	70.94	67.55	74.00	66.80	3.955 times
26 Fri Jul 2024	70.32	65.20	73.60	65.00	0.339 times
28 Thu Mar 2024	42.45	43.70	45.75	41.80	0.472 times
22 Fri Mar 2024	43.80	45.90	46.65	42.05	6.128 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
05 Mon Aug 2024	69.13	74.00	74.00	68.00	0.642 times
31 Wed Jul 2024	71.12	65.20	73.60	65.00	0.379 times
28 Thu Mar 2024	42.45	47.55	49.85	41.80	0.75 times
29 Thu Feb 2024	47.55	50.00	57.65	47.55	1.126 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 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_BE) ) 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_BE) ) 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 losing 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Industries in short term but SELL 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 63 and Anik Industries (ANIKINDS_BE) 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_BE) stock. Volume based technical analysis of Anik Industries (ANIKINDS_BE) 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.