ANIKA THERAPEUTICS INC (ANIK)

US0352551081 - Common Stock

16.33  +0.1 (+0.62%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ANIK. ANIK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ANIK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ANIK is an average performer in the Biotechnology industry, it outperforms 42% of 565 stocks in the same industry.
Weekly and Daily overview Charts
ANIK Weekly chart
ANIK Daily chart
Setup Rating and Analysis

7

ANIK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.31, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

15.88

27.88

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 16.30 to 16.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.04 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 17.72 to 17.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @22.64 from a trend line in the daily time frame.
  • Resistance @23.73 from a trend line in the daily time frame.
  • A resistance zone ranging from 25.59 to 25.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @26.70 from a trend line in the weekly time frame.
  • Resistance @27.60 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.59
Mansfield-3.87
10 Day High18.18
10 Day Low15.83
20 Day High18.18
20 Day Low15.83
52 Week High29.12
52 Week Low15.83
Performance
1 Week-1.74%
2 Weeks-8.41%
1 Month-5.06%
3 Month-33.51%
6 Month-35.53%
12 Month-27.93%
2 Year-44.83%
3 Year-54.42%
5 Year-68.51%
10 Year-59.92%
15 Year114.02%
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)0.03
RSI(14)33.99
LBB15.73
UBB18.15
ANIK Daily chart

ANIKA THERAPEUTICS INC

NASDAQ:ANIK (12/24/2024, 7:55:28 PM)

16.33

+0.1 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.62%
1 Week-1.74%
2 Weeks-8.41%
1 Month-5.06%
3 Month-33.51%
6 Month-35.53%
12 Month-27.93%
2 Year-44.83%
3 Year-54.42%
5 Year-68.51%
10 Year-59.92%
15 Year114.02%
Volatility
ATR(14)0.65
ATR(20)%3.71%
ATR Inc-12.25%
Range Today0.43
ADR(20)0.6
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.59
Mansfield-3.87
10 Day High18.18
10 Day Low15.83
20 Day High18.18
20 Day Low15.83
52 Week High29.12
52 Week Low15.83
CS1 End16.31
CR1 Start17.72
Volume & EV
DER(3)-4.47%
DER(5)-3.28%
Volume48.90K
Volume Incr14.24%
Vol(5)104.94K
Vol(50)108.64K