Stock analysis Anik Industries Limited ANIKINDS
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Recent prices of ANIKINDS Anik Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Mar 2023 | 28.75 | 28.40 to 29.85 | 0.17% | 0.66 times |
| 20 Mon Mar 2023 | 28.70 | 28.20 to 31.00 | -3.37% | 0.4 times |
| 17 Fri Mar 2023 | 29.70 | 29.25 to 30.75 | -1.16% | 1.13 times |
| 16 Thu Mar 2023 | 30.05 | 27.45 to 31.00 | 7.13% | 0.89 times |
| 15 Wed Mar 2023 | 28.05 | 26.60 to 29.60 | -1.58% | 1.89 times |
| 14 Tue Mar 2023 | 28.50 | 28.05 to 31.20 | -6.71% | 1.72 times |
| 13 Mon Mar 2023 | 30.55 | 30.05 to 32.45 | -4.38% | 1.41 times |
| 10 Fri Mar 2023 | 31.95 | 31.35 to 33.50 | -5.61% | 1.36 times |
| 09 Thu Mar 2023 | 33.85 | 33.65 to 35.25 | -2.73% | 0.4 times |
| 08 Wed Mar 2023 | 34.80 | 34.35 to 35.50 | -0.14% | 0.28 times |
| 06 Mon Mar 2023 | 34.85 | 34.45 to 35.60 | 0.72% | 0.53 times |
| 03 Fri Mar 2023 | 34.60 | 33.80 to 35.35 | 2.52% | 0.44 times |
Technical analysis forecast for Anik Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Anik Industries Limited ANIKINDS at this time. Stock is falling and might fall more.
It appears as if Anik Industries Limited ANIKINDS gave a large move recently.
Stock of Anik Industries Limited (ANIKINDS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Anik Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Anik Industries Limited stays below 29.5, but if it comes above 29.5, then a intra day buy could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 26.5 as target. However if you take a buy trade in Anik Industries Limited, then use 29.5 as stoploss and 31.97 as target.