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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)

10 day averaged volume of Anik Industries is 24556

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 42.45 42.05 43.90 42.00 0.738 times
27 Wed Mar 2024 42.05 43.90 43.90 41.80 1.837 times
26 Tue Mar 2024 43.90 43.70 45.75 42.50 0.734 times
22 Fri Mar 2024 43.80 45.00 46.25 43.55 0.84 times
21 Thu Mar 2024 45.80 44.65 46.65 42.50 1.983 times
20 Wed Mar 2024 44.60 43.00 45.65 43.00 1.849 times
19 Tue Mar 2024 43.65 42.05 45.90 42.05 1.595 times
18 Mon Mar 2024 44.00 45.90 45.90 43.00 0.737 times
15 Fri Mar 2024 43.85 42.20 43.90 42.20 0.298 times
14 Thu Mar 2024 43.05 43.25 43.25 43.05 0.108 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.3, but if it comes above 43.3, then a intra day buy could be more profitable.
If you take a sell trade below 43.3, then use 43.3 as stoploss and 40.8 as target. However if you take a buy trade in stock , then use 43.3 as stoploss and 45.29 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type Value
Downside Target 37.45
Downside Target 41.80
Upside Target 45.75
Upside Target 47.55
Upside Target 49.85
Upside Target 50.10
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 40.92
Downside Intraday Target 39.38
Upside Intraday Target 44.87
Upside Intraday Target 47.28
Upside Intraday Target 43.33

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date Weekly Closing Price Open High Low Volume
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
15 Fri Mar 2024 43.85 46.60 46.60 42.20 2.141 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

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
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
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 43.91 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.

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 43.91 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.

Click here for Anik Industries charts

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Daily charts

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Daily chart
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