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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 2024-09-06 View latest technical analysis

10 day averaged volume of Anik Industries is 42716

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	83.93	84.00	85.63	81.56	1.532 times
05 Thu Sep 2024	81.56	78.00	81.67	78.00	1.033 times
04 Wed Sep 2024	77.79	74.13	78.50	74.13	0.216 times
03 Tue Sep 2024	77.22	80.00	81.00	76.00	0.652 times
02 Mon Sep 2024	79.45	78.00	80.00	77.10	0.361 times
30 Fri Aug 2024	79.57	77.05	81.00	77.00	0.827 times
29 Thu Aug 2024	77.97	76.00	80.80	74.30	0.974 times
28 Wed Aug 2024	77.04	83.58	83.60	75.90	2.391 times
27 Tue Aug 2024	79.62	79.30	79.62	76.70	1.084 times
26 Mon Aug 2024	75.83	74.54	75.86	74.54	2.187 times

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 85.9, for a target of 79.4 or 74.05

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	41.80
Downside Target	47.55
Downside Target	49.85
Downside Target	57.65
Downside Target	65.00
Downside Target	70.75
Downside Target	72.40
Downside Target	74.13
Downside Target	74.30
Downside Target	83.60
Upside Target	85.63

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	76.83
Downside Intraday Target	69.73
Upside Intraday Target	88.33
Upside Intraday Target	92.73
Downside Intraday Target	81.23

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	83.93	78.00	85.63	74.13	0.508 times
30 Fri Aug 2024	79.57	74.54	83.60	74.30	4.601 times
23 Fri Aug 2024	72.25	66.50	73.50	66.45	1.496 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

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
06 Fri Sep 2024	83.93	78.00	85.63	74.13	0.3 times
30 Fri Aug 2024	79.57	74.00	83.60	66.00	4.728 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

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_BE)

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a short 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_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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 78.77 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.