ANIKA THERAPEUTICS INC (ANIK) Stock Technical Analysis
NASDAQ:ANIK - Nasdaq - US0352551081 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ANIK. ANIK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than ANIK.
ANIK is currently trading near the lower end of its 52 week range, which is not a good sign. ANIK is lagging the S&P500 Index which is trading in the middle of its 52 week range.
ANIK is an average performer in the Biotechnology industry, it outperforms 57% of 568 stocks in the same industry.
In the last month ANIK has a been trading in the 12.83 - 15.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ANIK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.17, a Stop Loss order could be placed below this zone.
More info and screens
13.49
27.88
When analyzing the support we notice one important area.
- A support zone ranging from 13.63 to 14.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.44 to 14.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.00 from a trend line in the daily time frame.
- Resistance @17.72 from a horizontal line in the daily time frame.
- Resistance @27.60 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.69
Mansfield-3
10 Day High14.73
10 Day Low13.14
20 Day High15.79
20 Day Low12.83
52 Week High29.12
52 Week Low12.83
Performance
1 Week2.92%
2 Weeks6.1%
1 Month-6.9%
3 Month-11.53%
6 Month-40.67%
12 Month-43.57%
2 Year-43.76%
3 Year-32.98%
5 Year-56.58%
10 Year-57.71%
15 Year104.68%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)47.55
LBB13.21
UBB14.57
14.43
+0.05 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.38%
1 Week2.92%
2 Weeks6.1%
1 Month-6.9%
3 Month-11.53%
6 Month-40.67%
12 Month-43.57%
2 Year-43.76%
3 Year-32.98%
5 Year-56.58%
10 Year-57.71%
15 Year104.68%
Volatility
ATR(14)0.87
ATR(20)%5.91%
ATR Inc-46.2%
Range Today0.47
ADR(20)0.85
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.69
Mansfield-3
10 Day High14.73
10 Day Low13.14
20 Day High15.79
20 Day Low12.83
52 Week High29.12
52 Week Low12.83
CS1 End14.17
CR1 Start14.44
Volume & EV
DER(3)-0.48%
DER(5)1.75%
Volume25.90K
Volume Incr-43.11%
Vol(5)44.12K
Vol(50)74.77K