Login or Join
 Learn then Earn

(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 3082

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 51.52 52.89 53.60 51.35 0.542 times
07 Tue May 2024 53.86 53.60 54.00 50.55 0.714 times
06 Mon May 2024 53.40 53.46 55.34 52.01 2.201 times
03 Fri May 2024 53.43 55.90 55.90 51.46 0.222 times
02 Thu May 2024 53.33 56.22 56.22 52.90 0.831 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 51.2, for a target of 53.2 or 54.78

Share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Target 41.44
Downside Target 47.20
Downside Target 48.96
Downside Target 50.55
Upside Target 52.50
Upside Target 54.15
Upside Target 55.34
Upside Target 58.00
Upside Target 58.38
Upside Target 58.70
Upside Target 59.00
Upside Target 60.95

Intraday share price targets for Anik Inds (AnikInds)

Target Type Value
Downside Intraday Target 49.6
Downside Intraday Target 47.68
Upside Intraday Target 54.39
Upside Intraday Target 57.26
Upside Intraday Target 52.47

Weekly technical analysis of Anik Inds (AnikInds)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 51.52 53.46 55.34 50.55 1.501 times
03 Fri May 2024 53.43 54.81 58.00 51.46 0.38 times
26 Fri Apr 2024 54.73 55.76 59.00 54.15 0.386 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

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

Monthly technical analysis of Anik Inds (AnikInds)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 51.52 56.22 56.22 50.55 0.097 times
30 Tue Apr 2024 55.66 43.35 60.95 42.25 5.307 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

Price has moved down 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 12, 15, 9 Sell
MACD 2, 2Sell
Stochastics 27Sell
CCI -133Sell
RSI 55Buy
OBV -17592Sell
VWAP 54Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 SELL. Signal strength is Weak and stock is gaining 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 in or above 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 but buying is losing 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 54.42 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 positive

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

 Learn then Earn
Back to top | Use Dark Theme