ANIKA THERAPEUTICS INC (ANIK) Stock Technical Analysis
NASDAQ:ANIK - Nasdaq - US0352551081 - Common Stock - Currency: USD
Overall ANIK gets a technical rating of 3 out of 10. In the past year, ANIK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ANIK is a bad performer in the overall market: 82% of all stocks are doing better.
ANIK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ANIK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ANIK is part of the Biotechnology industry. There are 571 other stocks in this industry, ANIK did better than 58% of them.
Although the technical rating is bad, ANIK does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.41
27.88
We found 1 important support area.
- A support zone ranging from 15.57 to 15.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.45 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.56 from a trend 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
CRS18.27
Mansfield-2.97
10 Day High18.35
10 Day Low17.28
20 Day High18.37
20 Day Low15.93
52 Week High29.12
52 Week Low15.4
Performance
1 Week-1.47%
2 Weeks-2.25%
1 Month6.23%
3 Month2.47%
6 Month-32.04%
12 Month-32.83%
2 Year-45.14%
3 Year-46.49%
5 Year-58.36%
10 Year-56.44%
15 Year177.8%
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)-0.02
RSI(14)51.69
LBB17.35
UBB18.06
17.39
-0.26 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.47%
1 Week-1.47%
2 Weeks-2.25%
1 Month6.23%
3 Month2.47%
6 Month-32.04%
12 Month-32.83%
2 Year-45.14%
3 Year-46.49%
5 Year-58.36%
10 Year-56.44%
15 Year177.8%
Volatility
ATR(14)0.5
ATR(20)%3.04%
ATR Inc0.4%
Range Today0.41
ADR(20)0.53
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.27
Mansfield-2.97
10 Day High18.35
10 Day Low17.28
20 Day High18.37
20 Day Low15.93
52 Week High29.12
52 Week Low15.4
CS1 End15.57
CR1 Start17.45
Volume & EV
DER(3)-0.04%
DER(5)1.25%
Volume51.60K
Volume Incr-23.69%
Vol(5)46.60K
Vol(50)67.82K