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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 11576

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	56.28	55.76	59.00	55.76	0.414 times
19 Fri Apr 2024	54.71	57.00	57.00	54.40	0.294 times
18 Thu Apr 2024	56.20	58.99	60.95	55.71	1.815 times
16 Tue Apr 2024	58.37	57.94	60.45	54.88	0.869 times
15 Mon Apr 2024	55.13	53.99	59.00	52.50	1.201 times
12 Fri Apr 2024	55.35	53.05	56.50	53.05	0.704 times
10 Wed Apr 2024	53.70	58.70	58.70	53.45	1.301 times
09 Tue Apr 2024	56.66	52.68	56.81	51.00	2.153 times
08 Mon Apr 2024	51.65	53.94	54.00	51.64	0.365 times
05 Fri Apr 2024	51.81	51.10	53.74	51.10	0.936 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.4, but if it comes below 55.4, then a intra day sell could be more profitable.
If you take a sell trade below 55.4, then use 55.4 as stoploss and 50.1 as target. However if you take a buy trade in stock , then use 55.4 as stoploss and 61.8 as target.

Share price targets for Anik Inds (AnikInds)

Target Type	Value
Downside Target	41.44
Downside Target	45.69
Downside Target	46.80
Downside Target	48.96
Downside Target	51.00
Downside Target	52.50
Downside Target	55.76
Upside Target	58.38
Upside Target	58.70
Upside Target	59.00
Upside Target	60.95
Upside Target	62.00

Intraday share price targets for Anik Inds (AnikInds)

Target Type	Value
Downside Intraday Target	55.03
Downside Intraday Target	53.77
Upside Intraday Target	58.27
Upside Intraday Target	60.25
Upside Intraday Target	57.01

Weekly technical analysis of Anik Inds (AnikInds)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	56.28	55.76	59.00	55.76	0.099 times
19 Fri Apr 2024	54.71	53.99	60.95	52.50	0.924 times
12 Fri Apr 2024	55.35	53.94	58.70	51.00	2.571 times
05 Fri Apr 2024	51.81	43.35	53.74	42.25	3.012 times
28 Thu Mar 2024	42.79	45.69	45.69	41.44	0.509 times

Price has moved up 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
22 Mon Apr 2024	56.28	43.35	60.95	42.25	4.652 times
28 Thu Mar 2024	42.79	46.56	48.96	41.44	0.21 times
29 Thu Feb 2024	47.51	48.01	58.38	47.51	2.175 times
31 Wed Jan 2024	49.06	49.30	52.97	47.20	0.289 times

Scroll below to view daily charts

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 Inds (AnikInds)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Inds stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Inds in short term and BUY signal is strong.

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 Inds is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.36 and Anik Inds (AnikInds) 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 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.