Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-05 View latest technical analysis

10 day averaged volume of Anik Industries is 10479

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	110.88	110.88	112.00	110.88	0.493 times
04 Wed Dec 2024	113.15	113.15	113.15	110.90	2.179 times
03 Tue Dec 2024	110.94	110.94	110.94	110.94	0.898 times
02 Mon Dec 2024	108.77	108.77	108.77	108.77	2.222 times
29 Fri Nov 2024	106.64	106.64	106.64	106.64	0.46 times
28 Thu Nov 2024	104.55	104.55	104.55	104.55	0.661 times
27 Wed Nov 2024	102.50	102.50	102.50	102.50	0.373 times
26 Tue Nov 2024	101.89	101.89	101.89	101.89	0.715 times
25 Mon Nov 2024	99.90	100.20	100.20	99.90	0.941 times
22 Fri Nov 2024	98.25	98.45	98.45	97.05	0.218 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 108, but if it comes below 108, then a intra day sell could be more profitable.
If you take a sell trade below 108, then use 108 as stoploss and 103.26 as target. However if you take a buy trade in stock , then use 108 as stoploss and 113.8 as target.

Share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Target	66.00
Downside Target	72.22
Downside Target	74.13
Downside Target	83.60
Downside Target	90.90
Downside Target	95.91
Downside Target	103.99
Downside Target	106.12
Downside Target	106.64
Downside Target	108.77
Upside Target	113.15

Intraday share price targets for Anik Industries (ANIKINDS_BE)

Target Type	Value
Downside Intraday Target	108.72
Downside Intraday Target	106.55
Upside Intraday Target	113.1
Upside Intraday Target	115.31
Upside Intraday Target	110.93

Weekly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	110.88	108.77	113.15	108.77	1.839 times
29 Fri Nov 2024	106.64	100.20	106.64	99.90	0.959 times
22 Fri Nov 2024	98.25	95.91	98.45	95.91	1.758 times
14 Thu Nov 2024	97.87	103.99	103.99	97.87	0.156 times
08 Fri Nov 2024	106.12	98.53	106.12	96.00	1.404 times

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

Monthly technical analysis of Anik Industries (ANIKINDS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	110.88	108.77	113.15	108.77	0.255 times
29 Fri Nov 2024	106.64	93.84	106.64	92.00	0.991 times
31 Thu Oct 2024	89.38	76.21	90.90	72.22	0.617 times
30 Mon Sep 2024	77.77	78.00	95.91	74.13	0.723 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Anik Industries ( (ANIKINDS_BE) ) based on a short to mid 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_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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 107.77 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.