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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 2024-01-22 View latest technical analysis

10 day averaged volume of Anik Inds is 2984

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	50.69	48.65	50.90	48.35	0.178 times
19 Fri Jan 2024	49.23	49.00	49.90	48.63	0.346 times
18 Thu Jan 2024	48.62	50.38	50.80	48.21	0.438 times
17 Wed Jan 2024	49.39	50.00	50.00	48.92	0.791 times
16 Tue Jan 2024	49.92	52.72	52.72	49.67	2.144 times
15 Mon Jan 2024	51.00	50.25	52.76	50.25	2.315 times
12 Fri Jan 2024	50.25	51.45	51.45	50.21	0.715 times
11 Thu Jan 2024	50.24	52.00	52.00	50.15	0.626 times
10 Wed Jan 2024	50.74	50.95	50.98	49.01	0.705 times
09 Tue Jan 2024	49.90	49.80	51.43	49.80	0.272 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 51.1 as stoploss in an intra day sell trade for a target of 49.92. However, stock will show a bullish move above 51.1.

Share price targets for Anik Inds (AnikInds)

Target Type	Value
Downside Target	33.25
Downside Target	36.85
Downside Target	41.98
Downside Target	43.25
Downside Target	46.80
Downside Target	48.21
Upside Target	50.90
Upside Target	52.00
Upside Target	52.76
Upside Target	52.97
Upside Target	62.00
Upside Target	63.83

Intraday share price targets for Anik Inds (AnikInds)

Target Type	Value
Downside Intraday Target	49.06
Downside Intraday Target	47.43
Upside Intraday Target	51.61
Upside Intraday Target	52.53
Downside Intraday Target	49.98

Weekly technical analysis of Anik Inds (AnikInds)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	50.69	48.65	50.90	48.35	0.029 times
19 Fri Jan 2024	49.23	50.25	52.76	48.21	1.522 times
12 Fri Jan 2024	50.25	51.40	52.00	49.01	0.739 times
05 Fri Jan 2024	50.26	49.30	52.97	49.30	0.64 times
29 Fri Dec 2023	49.69	48.40	49.70	46.80	0.456 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 Jan 2024	50.69	49.30	52.97	48.21	0.226 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
31 Tue Oct 2023	37.00	38.15	41.98	33.25	0.914 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)

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 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 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 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Anik Inds Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Anik Inds in short term but BUY 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 50.2 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.