Login or Join
Learn then Earn

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

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

10 day averaged volume of Anik Industries is 12045

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 49.70 51.75 51.80 49.05 1.013 times
21 Tue May 2024 50.55 51.40 53.10 50.10 1.484 times
20 Mon May 2024 51.95 51.10 54.35 50.65 0.221 times
17 Fri May 2024 52.10 53.85 53.85 51.50 0.361 times
16 Thu May 2024 51.95 54.95 54.95 51.40 0.936 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 49.3, for a target of 51.2 or 52.78

Share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Target 30.00
Downside Target 32.60
Downside Target 41.05
Downside Target 42.10
Downside Target 44.80
Downside Target 49.05
Upside Target 51.50
Upside Target 53.95
Upside Target 55.45
Upside Target 56.80
Upside Target 59.00
Upside Target 59.50
Upside Target 60.90
Upside Target 65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Intraday Target 47.72
Downside Intraday Target 45.73
Upside Intraday Target 53.02
Upside Intraday Target 56.33
Upside Intraday Target 51.03

Weekly technical analysis of Anik Industries (ANIKINDS)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 49.70 51.10 54.35 49.05 0.735 times
17 Fri May 2024 52.10 54.80 54.95 49.90 0.467 times
10 Fri May 2024 51.30 54.20 55.45 49.10 0.988 times
03 Fri May 2024 53.05 56.85 59.00 51.50 0.857 times
26 Fri Apr 2024 54.55 56.40 59.50 53.95 0.29 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)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 49.70 54.40 56.80 49.05 0.18 times
30 Tue Apr 2024 55.10 44.00 60.90 42.10 0.606 times
29 Wed Nov 2023 60.05 48.15 65.30 41.05 0.486 times
14 Mon Aug 2023 37.15 30.40 44.80 30.25 5.366 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 15, 15, 2 Sell
MACD 0, 1Sell
Stochastics 28Sell
CCI -181Sell
RSI 57Buy
OBV -114099Sell
VWAP 51Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Anik Industries ( (ANIKINDS) ) 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) ) based on a short term time period is

Price action analysis of Anik Industries ( (ANIKINDS) ) 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) ) 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Anik Industries in short term but the sell signal is initial and weak.

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 in or above 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 and the buying is gaining 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 51.45 and Anik Industries (ANIKINDS) 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) stock. Volume based technical analysis of Anik Industries (ANIKINDS) 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

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme