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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 2024-08-22 View latest technical analysis

10 day averaged volume of Anik Industries is 10927

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	71.67	73.30	73.50	70.00	1.617 times
21 Wed Aug 2024	70.82	70.40	73.45	67.30	1.972 times
20 Tue Aug 2024	70.31	68.70	71.90	66.45	1.212 times
19 Mon Aug 2024	68.61	66.50	68.99	66.50	0.459 times
16 Fri Aug 2024	66.49	67.65	70.75	66.00	1.486 times
14 Wed Aug 2024	67.65	70.50	70.50	66.00	0.671 times
13 Tue Aug 2024	68.40	67.00	68.90	67.00	0.859 times
12 Mon Aug 2024	67.93	66.90	68.84	66.85	1.223 times
09 Fri Aug 2024	66.90	70.45	70.45	66.10	0.62 times
08 Thu Aug 2024	68.62	71.50	71.50	66.10	1.182 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.7, but if it comes below 70.7, then a intra day sell could be more profitable.
If you take a sell trade below 70.7, then use 70.7 as stoploss and 69.25 as target. However if you take a buy trade in stock , then use 70.7 as stoploss and 72.5 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	47.50
Downside Target	49.85
Downside Target	53.25
Downside Target	57.65
Downside Target	65.00
Downside Target	70.75
Upside Target	72.40
Upside Target	73.50
Upside Target	73.60
Upside Target	74.00

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	67.58
Downside Intraday Target	63.49
Upside Intraday Target	74.63
Upside Intraday Target	77.59
Downside Intraday Target	70.54

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	71.67	66.50	73.50	66.45	1.241 times
16 Fri Aug 2024	66.49	66.90	70.75	66.00	0.56 times
09 Fri Aug 2024	66.90	72.40	72.40	66.05	0.76 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	71.67	74.00	74.00	66.00	1.829 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 up this month, and volume has increased substantially. This means that the move can 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 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_BE) ) 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 SELL signal for Anik Industries in short term but the sell 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.1 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.