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Anik Industries Limited
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I guess you are interested in Anik Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Anik Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Anik Industries Limited (30 sec.)










What can you expect buying and holding a share of Anik Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR138.22
Expected worth in 1 year
INR145.60
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR7.38
Return On Investment
11.7%

For what price can you sell your share?

Current Price per Share
INR63.17
Expected price per share
INR58.00 - INR
How sure are you?
50%
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1. Valuation of Anik Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR63.17

Intrinsic Value Per Share

INR15.87 - INR122.84

Total Value Per Share

INR154.09 - INR261.06

2. Growth of Anik Industries Limited (5 min.)




Is Anik Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$46m$45.4m$614.3k1.3%

How much money is Anik Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$610.1k$1.2m-$593.9k-97.3%
Net Profit Margin4.3%4.1%--

How much money comes from the company's main activities?

3. Financial Health of Anik Industries Limited (5 min.)




4. Comparing to competitors in the Food Wholesale industry (5 min.)




  Industry Rankings (Food Wholesale)  

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What can you expect buying and holding a share of Anik Industries Limited? (5 min.)

Welcome investor! Anik Industries Limited's management wants to use your money to grow the business. In return you get a share of Anik Industries Limited.

What can you expect buying and holding a share of Anik Industries Limited?

First you should know what it really means to hold a share of Anik Industries Limited. And how you can make/lose money.

Speculation

The Price per Share of Anik Industries Limited is INR63.17. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Anik Industries Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Anik Industries Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR138.22. Based on the TTM, the Book Value Change Per Share is INR1.84 per quarter. Based on the YOY, the Book Value Change Per Share is INR3.60 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Anik Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.020.0%0.020.0%0.040.1%-0.030.0%0.020.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.040.1%-0.06-0.1%0.170.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.040.1%-0.06-0.1%0.170.3%
Usd Price Per Share0.37-0.37-0.35-0.23-0.28-
Price to Earnings Ratio16.69-16.69-7.98-6.04-6.55-
Price-to-Total Gains Ratio16.58-16.58-8.02-6.46-6.16-
Price to Book Ratio0.22-0.22-0.21-0.14-0.19-
Price-to-Total Gains Ratio16.58-16.58-8.02-6.46-6.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.75804
Number of shares1319
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.02-0.06
Usd Total Gains Per Share0.02-0.06
Gains per Quarter (1319 shares)29.20-77.56
Gains per Year (1319 shares)116.78-310.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101171070-310-320
202342240-621-630
303503410-931-940
404674580-1241-1250
505845750-1551-1560
607016920-1862-1870
708178090-2172-2180
809349260-2482-2490
90105110430-2792-2800
100116811600-3103-3110

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%8.02.00.080.0%8.02.00.080.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%8.02.00.080.0%8.02.00.080.0%
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Fundamentals of Anik Industries Limited

About Anik Industries Limited

Anik Industries Limited trades in agri-commodities, edible oils, and coal in India and internationally. The company operates through Wind Power, Real Estate, and Others segments. It trades in and merchandises agri-commodities, such as cotton, oilseeds, grains, pulses, spices, and various agro based products; and offers integrated ferro alloys for use in steel making. The company also operates wind power projects located at Nagda Hills, Dewas in Madhya Pradesh and Jaisalmer in Rajasthan. In addition, it is involved in construction and development of housing projects and properties; the mining of natural resources and manganese; and the development of phosphate rock deposits. The company was formerly known as Madhya Pradesh Glychem Industries Limited and changed its name to Anik Industries Limited in September 2006. Anik Industries Limited was incorporated in 1976 and is based in Indore, India.

Fundamental data was last updated by Penke on 2024-06-23 12:57:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is fair priced.
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1.1. Profitability of Anik Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Anik Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • A Net Profit Margin of 4.3%¬†means that¬†₹0.04 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Anik Industries Limited:

  • The MRQ is 4.3%. The company is making a profit. +1
  • The TTM is 4.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.3%TTM4.3%0.0%
TTM4.3%YOY4.1%+0.2%
TTM4.3%5Y0.3%+4.0%
5Y0.3%10Y1.5%-1.1%
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3%4.3%+0.0%
TTM4.3%4.3%+0.0%
YOY4.1%4.1%+0.0%
5Y0.3%0.3%+0.0%
10Y1.5%1.5%0.0%
1.1.2. Return on Assets

Shows how efficient Anik Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • 1.1% Return on Assets means that¬†Anik Industries Limited generated¬†₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Anik Industries Limited:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.1%0.0%
TTM1.1%YOY1.3%-0.2%
TTM1.1%5Y-0.8%+1.9%
5Y-0.8%10Y0.6%-1.4%
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.1%+0.0%
TTM1.1%1.1%+0.0%
YOY1.3%1.3%+0.0%
5Y-0.8%-0.8%+0.0%
10Y0.6%0.6%0.0%
1.1.3. Return on Equity

Shows how efficient Anik Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • 1.3% Return on Equity means Anik Industries Limited generated ₹0.01¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Anik Industries Limited:

  • The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.3%0.0%
TTM1.3%YOY2.7%-1.3%
TTM1.3%5Y-1.8%+3.1%
5Y-1.8%10Y1.3%-3.1%
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.3%+0.0%
TTM1.3%1.3%+0.0%
YOY2.7%2.7%0.0%
5Y-1.8%-1.8%+0.0%
10Y1.3%1.3%0.0%
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1.2. Operating Efficiency of Anik Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Anik Industries Limited is operating .

  • Measures how much profit Anik Industries Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Anik Industries Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-2.3%+2.3%
5Y-2.3%10Y-2.5%+0.2%
1.2.2. Operating Ratio

Measures how efficient Anik Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Food Wholesale industry mean).
  • An Operation Ratio of 0.77 means that the operating costs are ₹0.77 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Anik Industries Limited:

  • The MRQ is 0.773. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.773. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.773TTM0.7730.000
TTM0.773YOY0.876-0.103
TTM0.7735Y1.320-0.547
5Y1.32010Y1.575-0.255
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7730.773+0.000
TTM0.7730.773+0.000
YOY0.8760.8760.000
5Y1.3201.3200.000
10Y1.5751.5750.000
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1.3. Liquidity of Anik Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Anik Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Food Wholesale industry mean).
  • A Current Ratio of 3.72¬†means the company has ₹3.72 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Anik Industries Limited:

  • The MRQ is 3.716. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.716. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.716TTM3.7160.000
TTM3.716YOY1.292+2.424
TTM3.7165Y1.941+1.775
5Y1.94110Y1.715+0.226
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7163.716+0.000
TTM3.7163.716+0.000
YOY1.2921.292+0.000
5Y1.9411.941+0.000
10Y1.7151.715+0.000
1.3.2. Quick Ratio

Measures if Anik Industries Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • A Quick Ratio of 2.54¬†means the company can pay off ₹2.54 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Anik Industries Limited:

  • The MRQ is 2.544. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.544. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.544TTM2.5440.000
TTM2.544YOY0.420+2.124
TTM2.5445Y1.370+1.174
5Y1.37010Y1.184+0.186
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5442.544+0.000
TTM2.5442.544+0.000
YOY0.4200.4200.000
5Y1.3701.3700.000
10Y1.1841.184+0.000
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1.4. Solvency of Anik Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Anik Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Anik Industries Limited to Food Wholesale industry mean.
  • A Debt to Asset Ratio of 0.16¬†means that Anik Industries Limited assets are¬†financed with 16.3% credit (debt) and the remaining percentage (100% - 16.3%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Anik Industries Limited:

  • The MRQ is 0.163. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.163. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.163TTM0.1630.000
TTM0.163YOY0.508-0.344
TTM0.1635Y0.440-0.276
5Y0.44010Y0.519-0.079
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1630.163+0.000
TTM0.1630.163+0.000
YOY0.5080.5080.000
5Y0.4400.4400.000
10Y0.5190.5190.000
1.4.2. Debt to Equity Ratio

Measures if Anik Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • A Debt to Equity ratio of 19.5% means that company has ₹0.20 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Anik Industries Limited:

  • The MRQ is 0.195. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.195. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.195TTM0.1950.000
TTM0.195YOY1.031-0.836
TTM0.1955Y0.868-0.673
5Y0.86810Y1.420-0.551
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1950.195+0.000
TTM0.1950.195+0.000
YOY1.0311.0310.000
5Y0.8680.868+0.000
10Y1.4201.4200.000
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2. Market Valuation of Anik Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Anik Industries Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Anik Industries Limited to the¬†Food Wholesale industry mean.
  • A PE ratio of 16.69 means the investor is paying ₹16.69¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Anik Industries Limited:

  • The EOD is 34.480. Based on the earnings, the company is overpriced. -1
  • The MRQ is 16.692. Based on the earnings, the company is fair priced.
  • The TTM is 16.692. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD34.480MRQ16.692+17.789
MRQ16.692TTM16.6920.000
TTM16.692YOY7.980+8.711
TTM16.6925Y6.039+10.652
5Y6.03910Y6.552-0.513
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
EOD34.48030.223+4.257
MRQ16.69216.6920.000
TTM16.69216.6920.000
YOY7.9807.980+0.000
5Y6.0396.039+0.000
10Y6.5526.5520.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Anik Industries Limited:

  • The EOD is 70.248. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 34.007. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 34.007. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD70.248MRQ34.007+36.242
MRQ34.007TTM34.0070.000
TTM34.007YOY1.409+32.597
TTM34.0075Y8.527+25.479
5Y8.52710Y5.235+3.293
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
EOD70.24861.574+8.674
MRQ34.00734.0070.000
TTM34.00734.0070.000
YOY1.4091.409+0.000
5Y8.5278.527+0.000
10Y5.2355.2350.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Anik Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Food Wholesale industry mean).
  • A PB ratio of 0.22 means the investor is paying ₹0.22¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Anik Industries Limited:

  • The EOD is 0.457. Based on the equity, the company is cheap. +2
  • The MRQ is 0.221. Based on the equity, the company is cheap. +2
  • The TTM is 0.221. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.457MRQ0.221+0.236
MRQ0.221TTM0.2210.000
TTM0.221YOY0.212+0.010
TTM0.2215Y0.140+0.082
5Y0.14010Y0.186-0.047
Compared to industry (Food Wholesale)
PeriodCompanyIndustry (mean)+/- 
EOD0.4570.401+0.056
MRQ0.2210.221+0.000
TTM0.2210.221+0.000
YOY0.2120.2120.000
5Y0.1400.1400.000
10Y0.1860.186+0.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Anik Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.8451.8450%3.595-49%-4.900+366%13.822-87%
Book Value Per Share--138.220138.2200%136.375+1%136.775+1%128.435+8%
Current Ratio--3.7163.7160%1.292+188%1.941+91%1.715+117%
Debt To Asset Ratio--0.1630.1630%0.508-68%0.440-63%0.519-68%
Debt To Equity Ratio--0.1950.1950%1.031-81%0.868-78%1.420-86%
Dividend Per Share----0%-0%-0%-0%
Eps--1.8321.8320%3.615-49%-2.403+231%1.558+18%
Free Cash Flow Per Share--0.8990.8990%20.473-96%2.873-69%-6.373+809%
Free Cash Flow To Equity Per Share---20.948-20.9480%-4.522-78%-5.141-75%-25.853+23%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--122.841--------
Intrinsic Value_10Y_min--15.874--------
Intrinsic Value_1Y_max--4.918--------
Intrinsic Value_1Y_min--2.478--------
Intrinsic Value_3Y_max--20.411--------
Intrinsic Value_3Y_min--6.722--------
Intrinsic Value_5Y_max--42.694--------
Intrinsic Value_5Y_min--10.139--------
Market Cap1753188595.000+52%848702030.000848702030.0000%800688475.000+6%532756186.000+59%636471015.500+33%
Net Profit Margin--0.0430.0430%0.041+5%0.003+1163%0.015+193%
Operating Margin----0%-0%-0.0230%-0.0250%
Operating Ratio--0.7730.7730%0.876-12%1.320-41%1.575-51%
Pb Ratio0.457+52%0.2210.2210%0.212+5%0.140+58%0.186+19%
Pe Ratio34.480+52%16.69216.6920%7.980+109%6.039+176%6.552+155%
Price Per Share63.170+52%30.58030.5800%28.850+6%19.196+59%22.933+33%
Price To Free Cash Flow Ratio70.248+52%34.00734.0070%1.409+2313%8.527+299%5.235+550%
Price To Total Gains Ratio34.247+52%16.57816.5780%8.025+107%6.463+156%6.156+169%
Quick Ratio--2.5442.5440%0.420+506%1.370+86%1.184+115%
Return On Assets--0.0110.0110%0.013-15%-0.008+171%0.006+95%
Return On Equity--0.0130.0130%0.027-50%-0.018+235%0.013+4%
Total Gains Per Share--1.8451.8450%3.595-49%-4.900+366%13.822-87%
Usd Book Value--46033068.00046033068.0000%45418752.000+1%45551916.000+1%42774128.921+8%
Usd Book Value Change Per Share--0.0220.0220%0.043-49%-0.059+366%0.166-87%
Usd Book Value Per Share--1.6591.6590%1.637+1%1.641+1%1.541+8%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0220.0220%0.043-49%-0.029+231%0.019+18%
Usd Free Cash Flow--299484.000299484.0000%6818292.000-96%956784.000-69%-2122379.827+809%
Usd Free Cash Flow Per Share--0.0110.0110%0.246-96%0.034-69%-0.076+809%
Usd Free Cash Flow To Equity Per Share---0.251-0.2510%-0.054-78%-0.062-75%-0.310+23%
Usd Market Cap21038263.140+52%10184424.36010184424.3600%9608261.700+6%6393074.232+59%7637652.186+33%
Usd Price Per Share0.758+52%0.3670.3670%0.346+6%0.230+59%0.275+33%
Usd Profit--610152.000610152.0000%1204092.000-49%-800275.200+231%519057.842+18%
Usd Revenue--14172132.00014172132.0000%29231532.000-52%38368231.200-63%73631528.473-81%
Usd Total Gains Per Share--0.0220.0220%0.043-49%-0.059+366%0.166-87%
 EOD+4 -4MRQTTM+0 -0YOY+13 -195Y+22 -1010Y+23 -9

3.2. Fundamental Score

Let's check the fundamental score of Anik Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1534.480
Price to Book Ratio (EOD)Between0-10.457
Net Profit Margin (MRQ)Greater than00.043
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.544
Current Ratio (MRQ)Greater than13.716
Debt to Asset Ratio (MRQ)Less than10.163
Debt to Equity Ratio (MRQ)Less than10.195
Return on Equity (MRQ)Greater than0.150.013
Return on Assets (MRQ)Greater than0.050.011
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Anik Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.051
Ma 20Greater thanMa 5053.594
Ma 50Greater thanMa 10051.516
Ma 100Greater thanMa 20050.738
OpenGreater thanClose66.990
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets4,585,252
Total Liabilities749,163
Total Stockholder Equity3,836,089
 As reported
Total Liabilities 749,163
Total Stockholder Equity+ 3,836,089
Total Assets = 4,585,252

Assets

Total Assets4,585,252
Total Current Assets1,813,513
Long-term Assets0
Total Current Assets
Short-term Investments 10,591
Net Receivables 1,114,963
Inventory 212,965
Other Current Assets 369,592
Total Current Assets  (as reported)1,813,513
Total Current Assets  (calculated)1,708,111
+/- 105,402
Long-term Assets
Property Plant Equipment 661,337
Goodwill 873,447
Intangible Assets 29
Long-term Assets  (as reported)0
Long-term Assets  (calculated)1,534,813
+/- 1,534,813

Liabilities & Shareholders' Equity

Total Current Liabilities488,003
Long-term Liabilities0
Total Stockholder Equity3,836,089
Total Current Liabilities
Short-term Debt 196,810
Total Current Liabilities  (as reported)488,003
Total Current Liabilities  (calculated)196,810
+/- 291,193
Long-term Liabilities
Long term Debt Total 73,709
Long term Debt 73,709
Capital Lease Obligations Min Short Term Debt-196,810
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-49,392
+/- 49,392
Total Stockholder Equity
Common Stock277,535
Retained Earnings 3,558,554
Total Stockholder Equity (as reported)3,836,089
Total Stockholder Equity (calculated)3,836,089
+/-0
Other
Cash And Equivalents105,402
Cash and Short Term Investments 115,993
Common Stock Shares Outstanding 27,753
Liabilities and Stockholders Equity 4,585,252
Net Working Capital 1,325,510



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
9,425,848
10,063,322
10,647,868
7,138,154
7,220,252
7,945,892
7,479,943
7,706,886
7,686,689
4,585,252
4,585,2527,686,6897,706,8867,479,9437,945,8927,220,2527,138,15410,647,86810,063,3229,425,848
   > Total Current Assets 
7,715,344
8,407,572
8,980,356
4,519,844
4,898,679
5,227,697
4,498,502
4,818,944
4,759,089
1,813,513
1,813,5134,759,0894,818,9444,498,5025,227,6974,898,6794,519,8448,980,3568,407,5727,715,344
       Cash And Cash Equivalents 
700,638
613,462
581,492
333,166
236,268
278,658
259,839
314,203
0
0
00314,203259,839278,658236,268333,166581,492613,462700,638
       Short-term Investments 
170,490
126,476
82,512
105,063
23,853
1,048,862
1,594,787
10,638
13,567
10,591
10,59113,56710,6381,594,7871,048,86223,853105,06382,512126,476170,490
       Net Receivables 
4,789,061
4,599,657
5,645,357
2,879,046
2,770,462
2,402,602
1,869,038
1,507,857
1,332,879
1,114,963
1,114,9631,332,8791,507,8571,869,0382,402,6022,770,4622,879,0465,645,3574,599,6574,789,061
       Inventory 
1,394,911
2,033,778
1,559,608
644,947
721,053
826,312
502,681
544,104
397,717
212,965
212,965397,717544,104502,681826,312721,053644,9471,559,6082,033,7781,394,911
       Other Current Assets 
531,239
259,859
222,116
422,787
474,560
381,690
262,809
2,431,984
2,828,880
369,592
369,5922,828,8802,431,984262,809381,690474,560422,787222,116259,859531,239
   > Long-term Assets 
0
0
0
1,808,357
2,321,573
2,718,195
2,981,441
0
0
0
0002,981,4412,718,1952,321,5731,808,357000
       Property Plant Equipment 
1,590,421
1,548,704
1,510,649
798,414
747,400
751,821
730,544
673,034
667,563
661,337
661,337667,563673,034730,544751,821747,400798,4141,510,6491,548,7041,590,421
       Goodwill 
0
0
0
873,447
873,447
873,447
873,447
873,447
873,447
873,447
873,447873,447873,447873,447873,447873,447873,447000
       Long Term Investments 
586
661
579
1,024
0
0
0
0
0
0
0000001,024579661586
       Intangible Assets 
0
0
0
0
0
0
0
0
0
29
29000000000
       Long-term Assets Other 
0
0
0
72,826
1
-1
1
0
0
0
0001-1172,826000
> Total Liabilities 
6,917,426
7,459,767
7,988,516
2,760,445
2,704,148
3,913,092
3,838,882
4,021,767
3,901,793
749,163
749,1633,901,7934,021,7673,838,8823,913,0922,704,1482,760,4457,988,5167,459,7676,917,426
   > Total Current Liabilities 
6,440,028
7,066,750
7,540,472
2,714,354
2,227,031
3,106,193
3,016,477
3,160,654
3,683,001
488,003
488,0033,683,0013,160,6543,016,4773,106,1932,227,0312,714,3547,540,4727,066,7506,440,028
       Short-term Debt 
1,835,773
1,874,908
1,134,592
80,911
102
71,173
85,346
395,624
12,622
196,810
196,81012,622395,62485,34671,17310280,9111,134,5921,874,9081,835,773
       Short Long Term Debt 
1,835,773
2,135,950
1,344,319
80,911
40,102
72,684
86,115
0
0
0
00086,11572,68440,10280,9111,344,3192,135,9501,835,773
       Accounts payable 
4,721,285
4,889,941
5,971,574
1,665,702
1,444,345
1,486,544
1,029,184
0
0
0
0001,029,1841,486,5441,444,3451,665,7025,971,5744,889,9414,721,285
       Other Current Liabilities 
86,541
132,352
290,123
946,467
733,607
1,535,086
1,896,857
0
0
0
0001,896,8571,535,086733,607946,467290,123132,35286,541
   > Long-term Liabilities 
0
0
0
57,610
474,516
622,175
637,735
0
0
0
000637,735622,175474,51657,610000
       Long term Debt Total 
0
120,000
80,000
39,904
471,212
621,001
636,902
649,277
31,585
73,709
73,70931,585649,277636,902621,001471,21239,90480,000120,0000
       Long-term Liabilities Other 
0
0
0
0
-1
1
0
0
0
0
00001-10000
> Total Stockholder Equity
2,508,421
2,603,556
2,659,352
4,377,709
4,516,104
4,032,800
3,641,061
3,685,119
3,784,896
3,836,089
3,836,0893,784,8963,685,1193,641,0614,032,8004,516,1044,377,7092,659,3522,603,5562,508,421
   Common Stock
277,535
277,535
277,535
277,535
277,535
277,535
277,535
277,535
277,535
277,535
277,535277,535277,535277,535277,535277,535277,535277,535277,535277,535
   Retained Earnings 
2,068,355
2,326,021
2,381,818
2,592,966
2,690,136
3,755,265
3,363,526
3,407,584
3,507,361
3,558,554
3,558,5543,507,3613,407,5843,363,5263,755,2652,690,1362,592,9662,381,8182,326,0212,068,355
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
0
4,100,174
4,238,569
3,755,265
0
0
0
0
00003,755,2654,238,5694,100,174000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue1,181,011
Cost of Revenue-913,220
Gross Profit267,791267,791
 
Operating Income (+$)
Gross Profit267,791
Operating Expense-0
Operating Income50,022267,791
 
Operating Expense (+$)
Research Development0
Selling General Administrative32,482
Selling And Marketing Expenses0
Operating Expense032,482
 
Net Interest Income (+$)
Interest Income9,484
Interest Expense-0
Other Finance Cost-9,484
Net Interest Income0
 
Pretax Income (+$)
Operating Income50,022
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)57,93850,022
EBIT - interestExpense = 0
50,846
50,846
Interest Expense0
Earnings Before Interest and Taxes (EBIT)057,938
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax57,938
Tax Provision-7,092
Net Income From Continuing Ops050,846
Net Income50,846
Net Income Applicable To Common Shares50,846
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Anik Industries Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Anik Industries Limited. The general trend of Anik Industries Limited is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Anik Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Anik Industries Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 63.83 > 60.95 > 58.00.

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Anik Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Anik Industries Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Anik Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Anik Industries Limited. The current macd is 2.1761124.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Anik Industries Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Anik Industries Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Anik Industries Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Anik Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartAnik Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Anik Industries Limited. The current adx is 27.07.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Anik Industries Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Anik Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Anik Industries Limited. The current sar is 51.77.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Anik Industries Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Anik Industries Limited. The current rsi is 77.05. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Anik Industries Limited Daily Relative Strength Index (RSI) ChartAnik Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Anik Industries Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Anik Industries Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Anik Industries Limited Daily Stochastic Oscillator ChartAnik Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Anik Industries Limited. The current cci is 304.16.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Anik Industries Limited Daily Commodity Channel Index (CCI) ChartAnik Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Anik Industries Limited. The current cmo is 71.08.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Anik Industries Limited Daily Chande Momentum Oscillator (CMO) ChartAnik Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Anik Industries Limited. The current willr is -22.48381401.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Anik Industries Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Anik Industries Limited Daily Williams %R ChartAnik Industries Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Anik Industries Limited.

Anik Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Anik Industries Limited. The current atr is 3.59883197.

Anik Industries Limited Daily Average True Range (ATR) ChartAnik Industries Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Anik Industries Limited. The current obv is 1,262,285.

Anik Industries Limited Daily On-Balance Volume (OBV) ChartAnik Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Anik Industries Limited. The current mfi is 87.51.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Anik Industries Limited Daily Money Flow Index (MFI) ChartAnik Industries Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Anik Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-04BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Anik Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Anik Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.051
Ma 20Greater thanMa 5053.594
Ma 50Greater thanMa 10051.516
Ma 100Greater thanMa 20050.738
OpenGreater thanClose66.990
Total5/5 (100.0%)
Penke

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