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(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 40584

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 51.98 54.99 55.78 51.60 1.018 times
20 Thu Jun 2024 53.07 53.26 54.97 51.49 1.678 times
19 Wed Jun 2024 52.83 53.98 56.59 52.55 1.326 times
18 Tue Jun 2024 53.54 57.92 57.92 53.15 2.776 times
14 Fri Jun 2024 52.88 50.40 52.88 48.12 1.816 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52 as stoploss in an intra day sell trade for a target of 49.56. However, stock will show a bullish move above 52.

Share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Target 30.25
Downside Target 41.05
Downside Target 44.80
Downside Target 46.00
Downside Target 47.41
Downside Target 48.95
Downside Target 51.49
Upside Target 52.88
Upside Target 54.35
Upside Target 56.80
Upside Target 57.92
Upside Target 60.90
Upside Target 65.30

Intraday share price targets for Anik Industries (ANIKINDS)

Target Type Value
Downside Intraday Target 49.67
Downside Intraday Target 47.37
Upside Intraday Target 56.1
Upside Intraday Target 60.23
Upside Intraday Target 53.8

Weekly technical analysis of Anik Industries (ANIKINDS)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 51.98 57.92 57.92 51.49 2.273 times
14 Fri Jun 2024 52.88 50.00 52.88 47.41 1.574 times
07 Fri Jun 2024 49.10 48.10 49.80 41.60 1.379 times
31 Fri May 2024 47.50 49.00 53.00 46.00 1.16 times
24 Fri May 2024 49.70 51.10 54.35 48.95 1.082 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Anik Industries (ANIKINDS)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 51.98 48.10 57.92 41.60 1.696 times
31 Fri May 2024 47.50 54.40 56.80 46.00 0.241 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 15, 26 Buy
MACD 1, -0Buy
Stochastics 59None
CCI 62Sell
RSI 52Buy
OBV 148837Sell
VWAP 52Sell
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Anik Industries ( (ANIKINDS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Anik Industries ( (ANIKINDS) ) 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) ) 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) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

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 52.36 and Anik Industries (ANIKINDS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.

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