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Stock analysis Anik Industries Limited ANIKINDS

More indepth analysis on MunafaSutra.com

Moving Averages for Anik Industries Limited

  • 5Day Average: 93.3
  • 12Day Average: 93.45
  • 20Day Average: 94.06
  • 50Day Average: 88.58
  • 100Day Average: 69.87
  • 150Day Average: 62.07
  • 200Day Average: 54.52

ANIKINDS Indicators & signals

Indicator MACD (12,26,9)

93.41, 92.66, 1.75
Indicator MACD is in positive zone

Indicator ADX (14)

17.86, 26.65, 18.57
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ANIKINDS Anik Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Mar 2025 91.54 91.25 to 99.90 0.59% 1.06 times
12 Wed Mar 2025 91.00 91.00 to 94.50 -2.39% 0.16 times
11 Tue Mar 2025 93.23 90.00 to 95.95 2.1% 0.17 times
10 Mon Mar 2025 91.31 89.50 to 100.05 -8.15% 0.84 times
07 Fri Mar 2025 99.41 97.11 to 104.49 1.93% 1.72 times
06 Thu Mar 2025 97.53 92.41 to 100.00 5.71% 0.96 times
05 Wed Mar 2025 92.26 91.86 to 92.95 2.08% 0.11 times
04 Tue Mar 2025 90.38 87.00 to 91.59 -1.92% 0.9 times
03 Mon Mar 2025 92.15 89.32 to 96.84 0.47% 1.07 times
28 Fri Feb 2025 91.72 91.00 to 94.49 -3.73% 2.99 times
27 Thu Feb 2025 95.27 92.70 to 99.76 -0.39% 1.08 times
25 Tue Feb 2025 95.64 91.01 to 101.00 -0.47% 1.46 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Anik Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 90 as stoploss in an intra day buy trade for a target of 93.43. However, stock will show a bearish move below 90.

More indepth analysis on MunafaSutra.com