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

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

10 day averaged volume of Anik Inds is 11262

Date Daily Closing Price Open High Low Volume
18 Mon Oct 2021 21.70 21.65 22.40 21.30 0.977 times
14 Thu Oct 2021 22.05 22.80 23.00 21.65 0.401 times
13 Wed Oct 2021 22.50 22.80 23.35 22.25 0.782 times
12 Tue Oct 2021 23.40 24.30 24.50 22.95 0.94 times
11 Mon Oct 2021 23.85 23.95 23.95 21.70 6.782 times
08 Fri Oct 2021 21.80 21.15 21.80 21.15 0.311 times
07 Thu Oct 2021 19.85 19.85 19.85 19.75 0.107 times
06 Wed Oct 2021 18.05 18.40 18.40 18.00 0.201 times
05 Tue Oct 2021 18.20 18.50 18.50 17.85 0.317 times
04 Mon Oct 2021 18.05 18.00 18.45 17.75 0.066 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.6, but if it comes below 21.6, then a intra day sell could be more profitable.
If you take a sell trade below 21.6, then use 21.6 as stoploss and 19.44 as target. However if you take a buy trade in stock , then use 21.6 as stoploss and 24.1 as target.

Share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Target 16.40
Downside Target 17.20
Downside Target 18.90
Downside Target 19.60
Downside Target 21.30
Upside Target 21.80
Upside Target 22.40
Upside Target 23.25
Upside Target 23.65
Upside Target 24.50
Upside Target 27.05

Intraday share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Intraday Target 21.2
Downside Intraday Target 20.7
Upside Intraday Target 22.3
Upside Intraday Target 22.9
Upside Intraday Target 21.8

Weekly technical analysis of Anik Inds (AnikInds)

Date Weekly Closing Price Open High Low Volume
18 Mon Oct 2021 21.70 21.65 22.40 21.30 0.11 times
14 Thu Oct 2021 22.05 23.95 24.50 21.65 8.892 times
08 Fri Oct 2021 21.80 18.00 21.80 17.75 0.264 times
01 Fri Oct 2021 17.70 18.05 18.90 17.50 1.965 times
24 Fri Sep 2021 17.55 17.90 19.00 17.20 1.379 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 Inds (AnikInds)

Date Monthly Closing Price Open High Low Volume
18 Mon Oct 2021 21.70 18.10 24.50 17.70 1.204 times
30 Thu Sep 2021 17.60 19.20 19.60 17.20 0.654 times
31 Tue Aug 2021 19.00 21.55 23.25 16.40 0.352 times
30 Fri Jul 2021 22.30 24.80 27.05 21.55 0.878 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 Inds (AnikInds)

Indicator Name Indicator Value Indicator Signal
ADX 36, 18, 32 Buy
MACD 1, 1Buy
Stochastics 65None
CCI 30Sell
RSI 65Buy
OBV -1224Sell
VWAP 23Sell
ADL 0Sell
ROC 23Buy
Force Index 0Sell

Price action analysis of Anik Inds ( (AnikInds) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Anik Inds ( (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 Inds ( (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 Inds ( (AnikInds) ) 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 Inds stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Anik Inds 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 Inds 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 Inds 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 Inds is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.05 and Anik Inds (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 Inds (AnikInds) stock. Volume based technical analysis of Anik Inds (AnikInds) stock is negative.

Anik Inds 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.

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Daily charts

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

Daily chart

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