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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)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Anik Inds is 11088

Date Daily Closing Price Open High Low Volume
19 Mon Feb 2024 48.71 49.70 49.70 48.71 0.458 times
16 Fri Feb 2024 49.70 48.40 50.22 48.40 0.154 times
15 Thu Feb 2024 49.24 49.24 49.24 49.24 0.064 times
14 Wed Feb 2024 50.24 50.24 50.26 50.24 0.136 times
13 Tue Feb 2024 51.26 51.26 51.26 51.26 0.029 times
12 Mon Feb 2024 52.30 52.30 52.30 52.30 0.195 times
09 Fri Feb 2024 53.36 54.02 55.50 53.32 1.005 times
08 Thu Feb 2024 56.12 57.15 58.38 55.00 2.355 times
07 Wed Feb 2024 55.60 54.07 55.66 52.11 3.275 times
06 Tue Feb 2024 53.01 50.70 53.02 50.70 2.414 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 48.5 as stoploss in an intra day buy trade for a target of 50.69. However, stock will show a bearish move below 48.5.

Share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Target 33.25
Downside Target 37.30
Downside Target 41.98
Downside Target 46.80
Upside Target 50.90
Upside Target 52.30
Upside Target 52.97
Upside Target 58.38
Upside Target 62.00
Upside Target 63.83

Intraday share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Intraday Target 48.38
Downside Intraday Target 48.05
Upside Intraday Target 49.37
Upside Intraday Target 50.03
Upside Intraday Target 49.04

Weekly technical analysis of Anik Inds (AnikInds)

Date Weekly Closing Price Open High Low Volume
19 Mon Feb 2024 48.71 49.70 49.70 48.71 0.792 times
16 Fri Feb 2024 49.70 52.30 52.30 48.40 0.061 times
09 Fri Feb 2024 53.36 49.90 58.38 49.00 9.946 times
02 Fri Feb 2024 49.40 49.19 50.90 47.65 1.898 times
25 Thu Jan 2024 48.63 48.65 50.90 47.20 0.307 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
19 Mon Feb 2024 48.71 48.01 58.38 47.65 1.995 times
31 Wed Jan 2024 49.06 49.30 52.97 47.20 0.289 times
29 Fri Dec 2023 49.69 54.45 62.00 46.80 0.305 times
30 Thu Nov 2023 57.31 38.84 63.83 37.30 9.327 times

Scroll below to view daily charts

Price has moved down 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 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 Inds ( (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 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 Weak and stock is losing momentum.

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

Anik Inds 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Inds 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 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 54.29 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 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.

Price action analysis of Anik Inds ( (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 Inds ( (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 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 Weak and stock is losing momentum.

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

Anik Inds 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Anik Inds 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 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 54.29 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 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 Inds charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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